December 1, 2004
Intellisync Corporation Named As ‘Key Player’ in Worldwide Mobile Middleware Market
SAN JOSE, Calif., Dec. 1 /PRNewswire-FirstCall/ -- Intellisync Corporation , a leading developer and marketer of wireless software solutions for the worldwide mobile communications industry, today announced that IDC, a leading provider of global IT research and advice, positioned Intellisync in the "Leadership" quadrant of its just-released study on the worldwide mobile middleware market. The report, entitled Worldwide Mobile Middleware 2004-2008 Forecast and Analysis (IDC# 32212, November 2004), also predicts that the market for wireless carrier deployments of mobile email, which is still relatively untapped, will grow significantly over the next two to three years thanks to mass-market adoption.
Based on its 2003 revenues and 24.1 percent market share growth from 2002 to 2003, Intellisync ranks in the top three mobile middleware companies in the world, according to IDC.
In its report, IDC concluded that Intellisync, following a very active 2003 and 2004, is "well positioned to move forward with a strong product portfolio and a broader reach outside of North America." According to IDC, Intellisync provides "a robust and now more manageable mobile suite offering that spans the enterprise and carrier markets. With the branding and products in line, the company has been able to focus on expanding business, and IDC expects Intellisync to be a key player within this space."
"Intellisync is honored to be recognized as a leader by IDC for the second time this year," said Rip Gerber, chief marketing officer for Intellisync. "By offering our customers a fully integrated mobility solution featuring wireless push email, synchronization of data and files, mobile device management and extensive security, Intellisync is enabling the promise of mobility for enterprises and mobile carriers alike. We believe that mobility is all about providing choice, ubiquity and security, which is why Intellisync is committed to delivering the best mobile experience across the widest array of devices, platforms, applications and data sources."
According to IDC, the worldwide mobile middleware market will grow from $424.4 million in 2003 to $1.3 billion in 2008, representing a compound annual growth rate of 24.2 percent. IDC believes that the top mobile middleware providers will continue to grow revenue, gain share or maintain their positions while expanding their mobile suite offerings. Mobilization of enterprise applications is a key area of opportunity for mobile middleware providers over the next several years, driven in part by many large organizations mandating mobilization.
"To be successful, top mobile middleware providers should consider the value of a broader mobile suite that incorporates functionality such as mobile database technology, mobile device management, mobile security, and solutions to address a complete mobile, end-to-end offering to customers," explained Stephen Drake, program manager, Mobile Infrastructure Software, for IDC. "While delivering solutions that deliver ROI to customers is important, mobile middleware suppliers should also understand that productivity gains, efficiency improvements and customer satisfaction returns are recognized as equally significant benefits to customers."
IDC's Leadership Grid, which provides a qualitative comparison of the suppliers within the mobile middleware market, is a highly-regarded research tool used by senior executives at large enterprises, mobile carriers, devices manufacturers and software providers around the world. The Grid provides a pictorial representation of each vendor's position in the market based on two factors: the supplier's ability to gain share and its alignment with future market opportunities.
ABOUT INTELLISYNC MOBILE SUITE
Intellisync Mobile Suite extends corporate data to mobile and remote employees, delivering access to enterprise applications, files, email and PIM data, intranet sites and Web content. It also provides valuable tools for remotely managing mobile devices. Intellisync Mobile Suite is composed of four core products: Intellisync Email Accelerator, Intellisync Data Sync, Intellisync File Sync and Intellisync Systems Management. It is compatible with a wide range of mobile devices, including laptop and tablet PCs, Windows Mobile-based Smartphones, and handhelds based on the Pocket PC, Palm OS and Symbian operating systems. The product also supports groupware and backend databases such as Microsoft Exchange, Lotus Domino, Oracle, Sybase, DB2 and Microsoft SQL Server. The solution provides a comprehensive platform that is designed to meet virtually all corporate mobile infrastructure needs.
ABOUT INTELLISYNC CORPORATION
Intellisync Corporation is a leading provider of mobile data and messaging solutions to large enterprises, mobile carriers, software providers and device manufacturers. Intellisync's products and services have won the mobility industry's top awards by providing seamless synchronization, secure wireless email and mobility management solutions that connect nearly every device, data source and application available. The world's largest corporations have selected Intellisync as their mobility solution standard, including America Online, Credit Agricole, Domino's Pizza, Guidant, IBM, Microsoft, NTT DoCoMo, Oracle, PeopleSoft, Pfizer, Target, T-Mobile, Union Pacific, Verizon Wireless and Yahoo! For more information, please visit http://www.intellisync.com/.
Forward-looking statements in this news release, including but not limited to statements regarding the Company's ability to improve market penetration outside of North America, the Company's ability to enable the promise of mobility for enterprises and mobile carriers, the projected growth of the mobile middleware market, and the potential of mobilization of enterprise applications, are based on current expectations and beliefs and are subject to numerous risks and uncertainties that could cause actual results to differ materially. Factors that could cause actual results to differ materially include risks associated with uncertainties related to the effect of continued weakness of general economic factors on the overall demand for Intellisync's products and services, the timing of market adoption and movement toward mobile device management solutions, data synchronization solutions, and enterprise application mobilization, margin erosion, market shrinkage, economic uncertainty related to terrorism and conflict in the Middle East and elsewhere in the world, timely introduction, availability and acceptance of new products, the impact of competitive products and pricing, as well as additional risk factors, as discussed in the "Risk Factors" section of Intellisync's Annual Report on Form 10-K for the year ended July 31, 2004 and Intellisync's quarterly reports filed from time to time with the U.S. Securities and Exchange Commission. Intellisync disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.
NOTE: Intellisync and the Intellisync logo are trademarks of Intellisync Corporation that may be registered in certain jurisdictions. All other product and company names may be trademarks of their respective owners.
Web site: http://www.intellisync.com/