Synchronoss Technologies, Inc. Announces Pricing of $125 Million Public Offering of Senior Notes

BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of $125 million aggregate principal amount of 8.375% senior notes due 2026, including the exercise in full by the underwriters of the underwriters’ option to purchase an additional $5 million aggregate principal amount of senior notes. The offering is expected to close on or about June 30, 2021, subject to satisfaction of customary closing conditions.

Synchronoss and the senior notes both received a rating of BB- from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The Company has applied to list the senior notes on the Nasdaq Global Select Market under the symbol “SNCRL” and expects the notes to begin trading within 30 business days of the closing date of the offering, if approved.

All of the senior notes in the offering are being sold by Synchronoss. Synchronoss anticipates using the net proceeds from the offering, and from the offering of common stock and sale of Series B Preferred Stock (each as described below), to fully redeem all outstanding shares of Synchronoss’ Series A Convertible Participating Perpetual Preferred Stock and repay amounts outstanding under Synchronoss’ revolving credit facility.

B. Riley Securities, Inc. (“BRS”) is acting as the sole book-running manager for the offering. Northland Capital Markets, Aegis Capital Corp. and EF Hutton, division of Benchmark Investments, LLC are acting as lead managers for the offering.

Concurrently with the offering, the Company is offering, by means of a separate prospectus supplement, $100 million of shares of its common stock. In addition, B. Riley Principal Investments, LLC (“BRPI”), an affiliate of BRS, has entered into an agreement pursuant to which BRPI has agreed to purchase $75.0 million of the Company’s Series B Preferred Stock in a private transaction to be completed concurrently with the closing of the offering.

The senior notes described above are being offered by Synchronoss pursuant to a shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on August 28, 2020. A preliminary prospectus supplement relating to and describing the terms of the offering is filed with the SEC and is available on the SEC’s web site at www.sec.gov. The final terms of the proposed offering will be disclosed in a final prospectus supplement to be filed with the SEC. Copies of the final prospectus supplement (when available) and accompanying prospectus relating to these securities may also be obtained by sending a request to: B. Riley Securities, Inc., at 1300 North 17th Street, Suite 1300, Arlington, VA 22209 or by calling (703) 312‐9580 or by emailing prospectuses@brileyfin.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Synchronoss

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including but not limited to statements regarding the closing of the public offering and the anticipated use of the proceeds thereof. These forward-looking statements are subject to a number of risks, including the satisfaction of customary closing conditions related to the public offering and the risk factors set forth from time to time in Synchronoss’ SEC filings, including but not limited to the risks that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections (as applicable) of Synchronoss’ Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the period ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. In addition to the risks described above and in Synchronoss’ other filings with the SEC, other unknown or unpredictable factors also could affect Synchronoss’ results. No forward-looking statements can be guaranteed and actual results may differ materially from such statements. The information in this release is provided only as of the date of this release, and Synchronoss undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Media

Diane Rose
CCgroup
diane@ccgrouppr.com

Investors

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

Synchronoss Technologies, Inc. Anuncia Proposta de Oferta Pública de Notas Seniores no Valor de US$120 milhões

BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) — A Synchronoss Technologies, Inc. (SNCR) (a “Empresa” ou “Synchronoss”), líder global e inovadora em nuvem, mensagens e produtos e plataformas digitais, anunciou hoje que a Empresa pretende oferecer e vender, sujeito a condições de mercado e outras, notas seniores com vencimento em 2026 no valor de US$120 milhões em uma oferta pública subscrita. A Synchronoss também espera conceder aos subscritores uma opção de 30 dias para a compra de notas seniores adicionais de valor principal agregado de US$5 milhões em conexão com a oferta. Não há nenhuma garantia de ou quando a oferta pode ser concluída, ou quanto ao tamanho real ou termos da oferta.

A Synchronoss e as notas seniores receberam uma classificação BB- da Egan-Jones Ratings Company, uma agência de classificação independente e não afiliada.

Todas as notas seniores da oferta devem ser vendidas pela Synchronoss, com o produto líquido da oferta, e da oferta prevista de ações ordinárias e venda de Ações Preferenciais Série B (cada uma conforme descrito abaixo), que devem ser usadas para resgatar totalmente todas as Ações Preferenciais Contínuas Conversíveis Série A em circulação da Synchronoss e para reembolsar os valores em aberto sob a linha de crédito rotativo da Synchronoss.

B. A Riley Securities, Inc. (“BRS”) está atuando como único gerente de contabilidade da oferta. A Northland Capital Markets, a Aegis Capital Corp. e a EF Hutton, divisão da Benchmark Investments, LLC estão atuando como gerentes principais da oferta.

Juntamente com a oferta, a Empresa prevê a oferta de ações ordinárias com o valor de US$100 milhões, por meio de um suplemento de prospecto separado. Além disso, a B. Riley Principal Investments, LLC (“BRPI”), uma afiliada da BRS, assinou um contrato nos termos do qual a BRPI concorda em comprar Ações Preferenciais Série B da Empresa no valor de US$75,0 milhões em uma transação privada a ser concluída simultaneamente com o fechamento da oferta.

As notas seniores descritas acima estão sendo oferecidas pela Synchronoss de acordo com uma declaração de registro padrão do Formulário S-3 anteriormente arquivado na Comissão de Valores Mobiliários (SEC) e declarado efetivo pelo SEC em 28 de agosto de 2020. Um suplemento do prospecto preliminar relativo que descreve os termos da oferta será arquivado no SEC e estará disponível no site do SEC em www.sec.gov. Os termos finais da oferta proposta serão divulgados em um suplemento de prospecto final a ser arquivado no SEC. Quando disponíveis, cópias do adendo ao prospeto preliminar relativo a esses valores mobiliários também podem ser obtidas com o envio de um pedido para: B. Riley Securities, Inc., 1300 North 17th Street, Suite 1300, Arlington, VA 22209, ligação para (703) 312‐9580 ou envio de e-mail para prospectuses@brileyfin.com.

Este comunicado de imprensa não constitui uma oferta de venda nem uma solicitação de uma oferta para compra de qualquer um desses valores mobiliários, nem haverá qualquer venda desses valores mobiliários em qualquer estado ou outra jurisdição em que tal oferta, solicitação ou venda seja ilegal antes do registro ou qualificação sob as leis de valores mobiliários de qualquer estado ou outra jurisdição.

Sobre a Synchronoss

A Synchronoss Technologies(NASDAQ: SNCR) cria software que capacita empresas ao redor do mundo a se conectarem com seus assinantes de forma confiável e significativa. O conjunto de produtos da empresa ajuda a agilizar as redes, simplificar a integração e envolver os assinantes, permitindo novos fluxos de receita, redução dos custos e aumento da velocidade no mercado.

Declaração de Porto Seguro

Este comunicado contém declarações de previsão de acordo com a definição da Seção 21E da Lei de Mercados Mobiliários (Securities Exchange Act) de 1934, e suas emendas, incluindo, mas não se limitando a, declarações sobre a oferta pública e o uso previsto dos seus produtos. Estas declarações de previsão estão sujeitas a uma série de riscos, incluindo a satisfação das condições habituais de fechamento relacionadas à oferta pública proposta e os fatores de risco estabelecidos ocasionalmente nos registros SEC da Synchronoss, incluindo, mas não se limitando aos riscos descritos nas seções “Fatores de Risco” e “Discussão e Análise da Condição Financeira e Resultados de Operações da Administração” (conforme aplicável) do Relatório Anual da Synchronoss no Formulário 10-K do exercício fiscal encerrado em 31 de dezembro de 2020 e Relatório Trimestral no Formulário 10-Q do período encerrado em 31 de março de 2021, que estão arquivados no SEC e disponíveis no site do SEC em www.sec.gov. Além dos riscos descritos acima e nos outros registros da Synchronoss no SEC, outros fatores desconhecidos ou imprevisíveis também podem afetar os resultados da Synchronoss. Nenhuma declaração de previsão pode ser garantida e os resultados reais podem ser substancialmente diferentes de tais declarações. As informações contidas nesta versão são fornecidas apenas a partir da data desta versão, e a Synchronoss não se compromete a atualizar nenhuma declaração de previsão contida nesta versão por conta de novas informações, eventos futuros ou de outra forma, exceto conforme exigido por lei.

Mídia

Diane Rose
CCgroup
diane@ccgrouppr.com

Investidores

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

Synchronoss Technologies, Inc. annonce un projet d’offre publique de 120 millions de dollars de billets de premier rang

BRIDGEWATER, New Jersey, 26 juin 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (SNCR) (la « Société » ou « Synchronoss »), un innovateur mondial de premier plan en matière de produits et plateformes numériques, de cloud et de messagerie, a annoncé aujourd’hui que la Société a l’intention d’émettre et de vendre, sous réserve des conditions du marché et d’autres conditions, un montant total de 120 millions de dollars de billets de premier rang arrivant à échéance en 2026 dans le cadre d’un appel public à l’épargne par voie de prise ferme. Synchronoss prévoit également d’accorder aux souscripteurs une option de 30 jours pour acquérir un capital total supplémentaire de 5 millions de dollars en billets de premier rang dans le cadre de l’offre publique. Rien ne garantit que l’offre pourra être réalisée ou non, ni quand elle pourra l’être, et il n’y a aucune garantie quant à sa taille ou à ses modalités réelles.

Synchronoss et les billets de premier rang ont tous reçu la note de BB d’Egan-Jones Ratings Company, une agence de notation indépendante et non affiliée.

Tous les billets de premier rang émis dans le cadre de l’offre vendus par Synchronoss, avec le produit net de l’offre, et de l’offre anticipée d’actions ordinaires et de la vente d’actions privilégiées de série B (chacun tel que décrit ci-dessous), devraient être utilisés pour échanger intégralement tous les titres en circulation des actions privilégiées perpétuelles participantes convertibles de série A et rembourser les encours au titre de la facilité de crédit renouvelable de Synchronoss.

B. Riley Securities, Inc. (« BRS ») agit en tant que seul gestionnaire de livres pour l’offre. Northland Capital Markets, Aegis Capital Corp. et EF Hutton, division de Benchmark Investments, LLC agissent en tant que chefs de file de l’offre.

Parallèlement à l’offre, la Société prévoit d’offrir, au moyen d’un supplément de prospectus distinct, 100 millions de dollars de ses actions ordinaires. En outre, B. Riley Principal Investments, LLC (« BRP I»), une filiale de BRS, a conclu un accord en vertu duquel BRPI a accepté d’acheter 75 millions de dollars d’actions privilégiées de série B de la Société dans le cadre d’une transaction privée devant être effectuée parallèlement à la clôture de l’offre.

Les billets de premier rangs décrits ci-dessus sont proposés par Synchronoss conformément à une déclaration d’inscription préalable sur le formulaire S-3 précédemment déposée auprès de la Securities and Exchange Commission (SEC) et déclarée effective par la SEC le 28 août 2020. Un supplément de prospectus provisoire connexe et décrivant les conditions de l’offre sera déposé auprès de la SEC et sera disponible sur le site Web de la SEC à l’adresse www.sec.gov. Les conditions finales de l’offre proposée seront exposées dans un supplément final du prospectus qui devra être déposé auprès de la SEC. Le cas échéant, des exemplaires du supplément de prospectus préliminaire relatif à ces titres peuvent également être obtenus en envoyant une demande à : B. Riley Securities, Inc., 1300 North 17th Street, Suite 1300, Arlington, VA 22209 ou en composant le (703) 312-9580 ou en envoyant un e-mail à l’adresse prospectuses@brileyfin.com.

Le présent communiqué de presse ne constitue ni une offre de vente ni la sollicitation d’une offre d’achat de quelconque de ces titres, et aucune vente de ces titres n’aura lieu dans un État ou une juridiction au sein duquel ou de laquelle une telle offre, sollicitation ou vente serait illégale avant son enregistrement ou sa qualification en vertu des lois sur les valeurs mobilières dans un tel État ou une telle juridiction.

À propos de Synchronoss

Synchronoss Technologies (NASDAQ : SNCR) est un développeur de logiciels permettant aux entreprises du monde entier de se connecter à leurs abonnés de manière fiable et pertinente. Sa gamme de produits contribue à rationaliser les réseaux, simplifier l’intégration et interagir avec les abonnés afin de créer de nouvelles sources de revenus, réduire les coûts et accélérer la mise sur le marché.

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés prospectifs au sens de l’article 21E du Securities Exchange Act de 1934, tel qu’amendé, y compris, mais sans s’y limiter, les énoncés concernant l’offre publique et l’utilisation prévue du produit de celle-ci. Ces énoncés prospectifs sont assujettis à un certain nombre de risques, comprenant la satisfaction des conditions de clôture habituelles liées à l’offre publique proposée et les facteurs de risque énoncés de temps à autre dans les documents déposés par Synchronoss auprès de la SEC, incluant, sans s’y limiter, les risques décrits dans les sections « Facteurs de risque » (Risk Factors) et « Rapport et analyse par la direction de la situation financière et des résultats opérationnels » (Management’s Discussion and Analysis of Financial Condition and Results of Operations) (selon le cas) du Rapport annuel sur formulaire 10-K de Synchronoss pour l’exercice clos le 31 décembre 2020, ainsi que du Rapport trimestriel sur formulaire 10-Q pour le trimestre clos le 31 mars 2021, déposés auprès de la SEC et disponibles sur le site Web de la SEC à l’adresse www.sec.gov. Outre les risques décrits ci-dessus et dans les autres documents déposés par Synchronoss auprès de la SEC, d’autres facteurs inconnus ou imprévisibles pourraient également affecter les résultats de Synchronoss. Aucun énoncé prospectif ne peut être garanti et les résultats réels peuvent différer sensiblement de ces énoncés. Les informations contenues dans le présent communiqué de presse sont valables à la date des présentes uniquement, et Synchronoss décline toute obligation de mettre à jour tout énoncé prospectif contenu dans ce communiqué que ce soit à la suite de nouvelles informations, d’événements futurs ou autrement, sauf si la loi l’impose.

Médias

Diane Rose
CCgroup
diane@ccgrouppr.com

Investisseurs

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

 

Synchronoss Technologies, Inc. Anuncia Proposta de Oferta Pública de Ações Ordinárias de US $ 100 milhões

BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) — A Synchronoss Technologies, Inc. (SNCR) (a “Empresa” ou “Synchronoss”), líder global e inovadora em nuvem, mensagens e produtos e plataformas digitais, anunciou hoje que a Empresa pretende oferecer e vender, sujeito a condições de mercado e outras, ações ordinárias no valor de US$100 milhões em uma oferta pública subscrita. A Synchronoss também espera conceder aos subscritores uma opção de 30 dias para compra de ações ordinárias adicionais com o valor de até US$10 milhões vendidas na oferta, ao preço da oferta pública, menos os descontos e comissões de subscrição. Não há nenhuma garantia de ou quando a oferta pode ser concluída, ou quanto ao tamanho real ou termos da oferta.Todas as ações da oferta devem ser vendidas pela Synchronoss, com o produto líquido da oferta, e da oferta de Notas Seniores e venda de Ações Preferenciais Série B (cada uma conforme descrito abaixo), que devem ser usadas para resgatar totalmente todas as Ações Preferenciais Contínuas Conversíveis Série A em circulação da Synchronoss e para reembolsar os valores em aberto sob a linha de crédito rotativo da Synchronoss.

B. A Riley Securities, Inc. (“BRS”) está atuando como o principal subscritor e único gerente de contabilidade da oferta. A Northland Capital Markets está atuando como cogerente da oferta.

Juntamente com a oferta, a Empresa está oferecendo, por meio de um suplemento de prospecto separado, notas seniores de valor principal agregado de US$120 milhões com vencimento em 2026 (as “Notas Seniores”). Além disso, a B. Riley Principal Investments, LLC (“BRPI”), uma afiliada da BRS, assinou um contrato nos termos do qual a BRPI concorda em comprar Ações Preferenciais Série B da Empresa no valor de US$75,0 milhões em uma transação privada a ser concluída simultaneamente com o fechamento da oferta.

As ações ordinárias descritas acima estão sendo oferecidas pela Synchronoss de acordo com uma declaração de registro padrão do Formulário S-3 anteriormente arquivado na Comissão de Valores Mobiliários (SEC) e declarado efetivo pelo SEC em 28 de agosto de 2020. Um suplemento do prospecto preliminar relativo que descreve os termos da oferta será arquivado no SEC e estará disponível no site do SEC em www.sec.gov. Os termos finais da oferta proposta serão divulgados em um suplemento de prospecto final a ser arquivado no SEC. Quando disponíveis, cópias do adendo ao prospeto preliminar relativo a esses valores mobiliários também podem ser obtidas com o envio de um pedido para: B. Riley Securities, Inc., 1300 North 17th Street, Suite 1300, Arlington, VA 22209, ligação para (703) 312‐9580 ou envio de e-mail para prospectuses@brileyfin.com.

Este comunicado de imprensa não constitui uma oferta de venda nem uma solicitação de uma oferta para compra de qualquer um desses valores mobiliários, nem haverá qualquer venda desses valores mobiliários em qualquer estado ou outra jurisdição em que tal oferta, solicitação ou venda seja ilegal antes do registro ou qualificação sob as leis de valores mobiliários de qualquer estado ou outra jurisdição.

Sobre a Synchronoss

A Synchronoss Technologies(NASDAQ: SNCR) cria software que capacita empresas ao redor do mundo a se conectarem com seus assinantes de forma confiável e significativa. O conjunto de produtos da empresa ajuda a agilizar as redes, simplificar a integração e envolver os assinantes, permitindo novos fluxos de receita, redução dos custos e aumento da velocidade no mercado.

Declaração de Porto Seguro

Este comunicado contém declarações de previsão de acordo com a definição da Seção 21E da Lei de Mercados Mobiliários (Securities Exchange Act) de 1934, e suas emendas, incluindo, mas não se limitando a, declarações sobre a oferta pública e o uso previsto dos seus produtos. Estas declarações de previsão estão sujeitas a uma série de riscos, incluindo a satisfação das condições habituais de fechamento relacionadas à oferta pública proposta e os fatores de risco estabelecidos ocasionalmente nos registros SEC da Synchronoss, incluindo, mas não se limitando aos riscos descritos nas seções “Fatores de Risco” e “Discussão e Análise da Condição Financeira e Resultados de Operações da Administração” (conforme aplicável) do Relatório Anual da Synchronoss no Formulário 10-K do exercício fiscal encerrado em 31 de dezembro de 2020 e Relatório Trimestral no Formulário 10-Q do período encerrado em 31 de março de 2021, que estão arquivados no SEC e disponíveis no site do SEC em www.sec.gov. Além dos riscos descritos acima e nos outros registros da Synchronoss no SEC, outros fatores desconhecidos ou imprevisíveis também podem afetar os resultados da Synchronoss. Nenhuma declaração de previsão pode ser garantida e os resultados reais podem ser substancialmente diferentes de tais declarações. As informações contidas nesta versão são fornecidas apenas a partir da data desta versão, e a Synchronoss não se compromete a atualizar nenhuma declaração de previsão contida nesta versão por conta de novas informações, eventos futuros ou de outra forma, exceto conforme exigido por lei.

Mídia

Diane Rose
CCgroup
diane@ccgrouppr.com

Investidores

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

Synchronoss Technologies, Inc. annonce un projet d’offre publique de 100 millions de dollars d’actions ordinaires

BRIDGEWATER, New Jersey, 25 juin 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (SNCR) (la « Société » ou « Synchronoss »), un innovateur mondial de premier plan en matière de produits et plateformes numériques, de cloud et de messagerie, a annoncé aujourd’hui que la Société a l’intention d’émettre et de vendre, sous réserve des conditions du marché et d’autres conditions, 100 millions de dollars de ses actions ordinaires dans le cadre d’un appel public à l’épargne par voie de prise ferme. En outre, Synchronoss compte accorder aux souscripteurs une option de 30 jours pour acheter jusqu’à 10 millions de dollars supplémentaires d’actions ordinaires vendues dans le cadre de l’offre, au tarif de l’offre publique, déduction faite des remises et commissions liées à la souscription. Rien ne garantit que l’offre pourra être réalisée ou non, ni quand elle pourra l’être, et il n’y a aucune garantie quant à sa taille ou à ses modalités réelles.

Toutes les actions de l’offre doivent être vendues par Synchronoss, avec le produit net de l’offre, et de l’offre anticipée de billets de premier rang et de la vente d’actions privilégiées de série B (chacun tel que décrit ci-dessous), qui devraient être utilisés pour échanger intégralement tous les titres en circulation des actions privilégiées perpétuelles participantes convertibles de série A de Synchronoss et rembourser les encours au titre de la facilité de crédit renouvelable de Synchronoss.

B. Riley Securities, Inc. (« BRS ») agit en tant que souscripteur principal et seul gestionnaire de livres pour l’offre. Northland Capital Markets agit en tant que co-responsable de l’offre.

Parallèlement à l’offre, la Société propose, au moyen d’un supplément de prospectus séparé, un montant total en capital de 120 millions de dollars de billets de premier rang arrivant à échéance en 2026 (les « billets de premier rang »). En outre, B. Riley Principal Investments, LLC (« BRPI »), une filiale de BRS, a conclu un accord en vertu duquel BRPI a accepté d’acheter 75 millions de dollars d’actions privilégiées de série B de la Société dans le cadre d’une transaction privée devant être effectuée parallèlement à la clôture de l’offre.

Les actions ordinaires décrites ci-dessus sont proposées par Synchronoss conformément à une déclaration d’inscription préalable sur le formulaire S-3 précédemment déposée auprès de la Securities and Exchange Commission (SEC) et déclarée effective par la SEC le 28 août 2020. Un supplément de prospectus provisoire connexe et décrivant les conditions de l’offre sera déposé auprès de la SEC et sera disponible sur le site Web de la SEC à l’adresse www.sec.gov. Les conditions finales de l’offre proposée seront exposées dans un supplément final du prospectus qui devra être déposé auprès de la SEC. Le cas échéant, des exemplaires du supplément de prospectus préliminaire relatif à ces titres peuvent également être obtenus en envoyant une demande à : B. Riley Securities, Inc., 1300 North 17th Street, Suite 1300, Arlington, VA 22209 ou en composant le (703) 312-9580 ou en envoyant un e-mail à l’adresse prospectuses@brileyfin.com.

Le présent communiqué de presse ne constitue ni une offre de vente ni la sollicitation d’une offre d’achat de quelconque de ces titres, et aucune vente de ces titres n’aura lieu dans un État ou une juridiction au sein duquel ou de laquelle une telle offre, sollicitation ou vente serait illégale avant son enregistrement ou sa qualification en vertu des lois sur les valeurs mobilières dans un tel État ou une telle juridiction.

À propos de Synchronoss

Synchronoss Technologies (NASDAQ : SNCR) est un développeur de logiciels permettant aux entreprises du monde entier de se connecter à leurs abonnés de manière fiable et pertinente. Sa gamme de produits contribue à rationaliser les réseaux, simplifier l’intégration et interagir avec les abonnés afin de créer de nouvelles sources de revenus, réduire les coûts et accélérer la mise sur le marché.

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés prospectifs au sens de l’article 21E du Securities Exchange Act de 1934, tel qu’amendé, y compris, mais sans s’y limiter, les énoncés concernant l’offre publique et l’utilisation prévue du produit de celle-ci. Ces énoncés prospectifs sont assujettis à un certain nombre de risques, comprenant la satisfaction des conditions de clôture habituelles liées à l’offre publique proposée et les facteurs de risque énoncés de temps à autre dans les documents déposés par Synchronoss auprès de la SEC, incluant, sans s’y limiter, les risques décrits dans les sections « Facteurs de risque » (Risk Factors) et « Rapport et analyse par la direction de la situation financière et des résultats opérationnels » (Management’s Discussion and Analysis of Financial Condition and Results of Operations) (selon le cas) du Rapport annuel sur formulaire 10-K de Synchronoss pour l’exercice clos le 31 décembre 2020, ainsi que du Rapport trimestriel sur formulaire 10-Q pour le trimestre clos le 31 mars 2021, déposés auprès de la SEC et disponibles sur le site Web de la SEC à l’adresse www.sec.gov. Outre les risques décrits ci-dessus et dans les autres documents déposés par Synchronoss auprès de la SEC, d’autres facteurs inconnus ou imprévisibles pourraient également affecter les résultats de Synchronoss. Aucun énoncé prospectif ne peut être garanti et les résultats réels peuvent différer sensiblement de ces énoncés. Les informations contenues dans le présent communiqué de presse sont valables à la date des présentes uniquement, et Synchronoss décline toute obligation de mettre à jour tout énoncé prospectif contenu dans ce communiqué que ce soit à la suite de nouvelles informations, d’événements futurs ou autrement, sauf si la loi l’impose.

Médias

Diane Rose
CCgroup
diane@ccgrouppr.com

Investisseurs

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

Torch of Development Ignited in Kerkebt sub-zone

Major development undertakings such as the construction of water supply systems, roads, healthcare facilities, and schools have been transforming the lives of most of the residents of the Kerkebet sub-zone.

As one of the most remote areas of the country, it had been neglected by successive colonial rulers. Riverbanks were the only water sources for the residents of the Kerkebet sub-zone before the construction of dams and the installation of water distribution systems following Eritrea’s independence. In the past, people in “Lokayb,” one of the 13 administrative areas of the Kerkebet sub-zone, had no access to potable water and, as a result, they were prone to water-borne diseases.

However, thanks to the construction of roads, schools, and healthcare facilities in seven of the 13 administrative areas in the sub-zone, the lives of most of the residents of the Kerkebet sub-zone have been improving. The healthcare station in Lokayb, for instance, gives efficient service to the residents of Lokayb, Atay, and Haranite. The healthcare station in Agumite has an ambulance that serves people in the administrative areas of Hawan, Akayde, and Harare. Of course, the healthcare station still needs to be further equipped with more tools and medicine to be able to serve the communities better.

A wide and very well paved dirt road has already linked Amalayt, Lokayb, and Atay while the set-out plan is to link Atay with Agumait, which is 147 Km from Amalayt and then with Akayde and Haranite. The construction of this strategic road paved the way for the establishment of a water distribution center by installing two big water tanks in Atay. A school has also been built and is ready to offer service. Scattered settlements are being brought together in one village or town to allow more and more people to access services such as healthcare and education.

Harainte administrative area, which is home to over 280 families, is the remotest part of the Kerkebet sub-zone and very close to Sudan’s border. The construction of a road, school, and other basic facilities have been given priority in Haranite to enable the residents to get connected with the other administrative areas in the sub-zone. A school constructed in Agumite has started to offer service by teaching mothers while solar panels have been installed for the water distribution center. Also, an underground water source has been drilled and distribution facilities are under construction in Hewan administrative area, which is 195 km away from the Analyst.

Kerkebet sub-zone is generally one of the most disadvantaged parts of the country and the Government has given priority to its massive Western Development Zone programs. The provision of various facilities is now steadily improving the living standards of the residents of the subzone.

The construction of the Kerkebet dam has changed the ecosystem of the sub-zone and triggered the expansion of farm activities in the area. The Kerkebet sub-zone administration office is working hard to encourage residents to get involved in farming.

Mr. Abdelkerim Idris, the administrator of the Kerkebet sub-zone, believes that the nomads are very capable to bring about a radical change in their livelihoods once they make a move toward irrigation-based farm activities. The opportunities are plenty and the residents of the area are the number one beneficiaries of the farms the Government has provided.

“Dirfa”, also another administrative area of the vast Kerkebet sub-zone, has a school and solar-powered water distribution facility. Aliet, which is part of the Dirfa administrative area, has its own water supply facility and a new school has been constructed for students who used to learn in makeshift tents.

Amalayt, the center of the entire Kerkebet sub-zone, has a relative advantage in terms of the size and quality of its healthcare facility, schools, and water distribution centers. The resident of “Filik”, which is part of Amalayt administrative area, live scattered in various areas and the school in the area has few students. It is difficult for the school to continue offering service with such a small student enrollment. If the challenge persists, Mr. Abdelkerim said, the next move would be relocating the residents in nearby villages such as Amalayt, Lokayb, and Dirfa to make the provision of services such as healthcare, education, and potable water supply sustainable.

Hamasiduba and Ketchech have viable educational, healthcare, and potable water supply services, but the residents of Yekari’e had to move to Ketchech to have equal access to the services that are provided there. Mr. Abdelkerim reiterated the importance of finding a lasting solution to the scarcity of potable water in Yekari’e.

The Kerkebet sub-zones administration office works with partners to make a difference in the living standards of the residents of the sub-zone. Initiatives have been taken to encourage residents to engage in agriculture. Mr. Abdelkerim explained that members of the Eritrean Defense Forces, especially border patrol units, have been strong partners of the sub-zones administration in implementing the set-out development programs.

The development activities in Kerkebet sub-zone have brought substantial change in social services, particularly healthcare. Maternal and child mortality have now been reduced because of the opening of healthcare facilities in remote areas of the sub-zone such as Agumite. The availability of healthcare services is also making a contribution toward tackling cultural barriers. For instance, it was not common for a woman to visit a healthcare center without being accompanied by her husband. But the concerted efforts of healthcare workers and other actors are showing steady progress in the number of women going to healthcare centers unaccompanied by their husbands.

Kerkebt sub-zone is a land of so many opportunities and the prospects are very encouraging in an area endowed with natural resources expected to benefit not only the residents of the sub-zone but the entire nation. More than 80% of the residents of the sub-zone are pastoralists and although challenging it is possible for them to steadily shift from nomadic to settled lifestyles. The Government provides the residents with farm tools, select seeds, and irrigation systems. Mr. Abdelkerim said that river banks in Atay could be diverted for the development of irrigation-based farms for the benefit of those who live in nearby areas.

Kerkebet sub-zone, which has 13 administrative areas, borders Selea sub-zone of the Anseba region to the east, Forto Sawa sub-zone of Gash-Barka region, and Sudan to the southwest.

Source: Ministry of Information Eritrea

WHO Chief: Corona Delta Variant ‘Spreading Rapidly’

World Health Organization Director-General Tedros Adhanom Ghebreyesus said Friday that the delta variant of the novel coronavirus has been identified in at least 85 countries and “is the most transmissible of the variants identified so far . . . and is spreading rapidly among unvaccinated populations.” He also said, “As some countries ease public health and social measures, we are starting to see increases in transmission around the world.”

“It’s quite simple: more transmission, more variants. Less transmission, less variants,” the WHO chief said. “That makes it even more urgent that we use all the tools at our disposal to prevent transmission: the tailored and consistent use of public health and social measures, in combination with equitable vaccination.

Meanwhile, health officials say a new strain of the delta variant of the coronavirus, first identified in India, has emerged in almost a dozen countries, including India, the United States, and the U.K. The new variant has been dubbed Delta Plus. Authorities fear Delta Plus may be even more contagious the delta variant. Scientists are just beginning to study the new strain.

Australia’s biggest city has been ordered into a two-week lockdown because of a growing number of COVID-19 cases. Health authorities in Sydney are fighting to contain an outbreak of the highly infectious delta variant. Stay-at-home orders will also apply to other areas in New South Wales, Australia’s most populous state. It is the first lockdown in Sydney since December. Australia has consistently maintained very low rates of coronavirus transmission. The latest outbreak is linked to a limousine driver at Sydney airport.

Johns Hopkins Coronavirus Resource Center reported early Saturday that the global count of COVID-19 cases has reached more than 180 million. The U.S. continues to have the most infections with 33.6 million, followed closely by India with 30.1 million and Brazil with 18.3 million.

Johns Hopkins said 2.8 billion vaccines have been administered.

Source: Voice of America