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Smith Micro Announces Entry into a Marketing Engagement Agreement with Competitive Carriers Association for SafePath Global™

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Smith Micro Software (Nasdaq: SMSI) has signed a marketing engagement agreement with Competitive Carriers Association (CCA) to promote its SafePath Global™ family safety solution to CCA's carrier members. This partnership aims to enable carriers of all sizes to offer the SafePath app to their subscribers under a single branded application, distributed via Google Play and the Apple App Store.

The collaboration is expected to expand Smith Micro's addressable markets and accelerate the delivery and launch of the app, potentially leading to faster revenue generation. SafePath Global™ allows carriers to easily offer family safety features to their subscriber base, enabling consumers to obtain a trusted safety solution from their wireless provider.

Smith Micro Software (Nasdaq: SMSI) ha firmato un accordo di collaborazione di marketing con la Competitive Carriers Association (CCA) per promuovere la sua soluzione per la sicurezza familiare SafePath Global™ ai membri dell'associazione. Questa partnership mira a consentire ai carrier di tutte le dimensioni di offrire l'app SafePath ai propri abbonati attraverso un'unica applicazione a marchio, distribuita tramite Google Play e l'Apple App Store.

La collaborazione dovrebbe espandere i mercati indirizzabili di Smith Micro e accelerare la distribuzione e il lancio dell'app, portando potenzialmente a una generazione di entrate più rapida. SafePath Global™ consente ai carrier di offrire facilmente funzionalità di sicurezza familiare alla propria base di abbonati, permettendo ai consumatori di ottenere una soluzione di sicurezza affidabile dal proprio fornitore di servizi wireless.

Smith Micro Software (Nasdaq: SMSI) ha firmado un acuerdo de colaboración de marketing con la Competitive Carriers Association (CCA) para promocionar su solución de seguridad familiar SafePath Global™ a los miembros de la CCA. Esta asociación tiene como objetivo permitir que transportistas de todos los tamaños ofrezcan la aplicación SafePath a sus suscriptores bajo una sola aplicación de marca, distribuida a través de Google Play y la App Store de Apple.

Se espera que esta colaboración amplíe los mercados direccionables de Smith Micro y acelere la entrega y el lanzamiento de la aplicación, lo que podría llevar a una generación de ingresos más rápida. SafePath Global™ permite a los transportistas ofrecer fácilmente funciones de seguridad familiar a su base de suscriptores, permitiendo a los consumidores obtener una solución de seguridad confiable de su proveedor de servicios inalámbricos.

Smith Micro Software (Nasdaq: SMSI)는 Competitive Carriers Association (CCA)와 마케팅 협력 계약을 체결하여 CCA의 통신사 회원들에게 SafePath Global™ 가족 안전 솔루션을 홍보하고 있습니다. 이 파트너십은 모든 규모의 통신사가 Google Play와 Apple App Store를 통해 단일 브랜드 애플리케이션으로 SafePath 앱을 구독자에게 제공할 수 있도록 하는 것을 목표로 합니다.

이번 협업은 Smith Micro의 타겟 시장 확대와 앱의 배포 및 출시를 가속화하여 보다 빠른 수익 창출로 이어질 가능성이 있습니다. SafePath Global™은 통신사가 구독자에게 가족 안전 기능을 쉽게 제공할 수 있도록 하여 소비자들이 무선 서비스 제공자로부터 신뢰할 수 있는 안전 솔루션을 받을 수 있도록 합니다.

Smith Micro Software (Nasdaq: SMSI) a signé un accord de partenariat marketing avec la Competitive Carriers Association (CCA) pour promouvoir sa solution de sécurité familiale SafePath Global™ auprès des membres opérateurs de la CCA. Ce partenariat vise à permettre aux opérateurs de toutes tailles de proposer l'application SafePath à leurs abonnés sous une seule application de marque, distribuée via Google Play et l'Apple App Store.

Cette collaboration devrait élargir les marchés adressables de Smith Micro et accélérer la livraison et le lancement de l'application, ce qui pourrait conduire à une génération de revenus plus rapide. SafePath Global™ permet aux opérateurs d'offrir facilement des fonctionnalités de sécurité familiale à leur base d'abonnés, permettant aux consommateurs d'obtenir une solution de sécurité fiable de leur fournisseur de services sans fil.

Smith Micro Software (Nasdaq: SMSI) hat eine Marketingpartnerschaft mit der Competitive Carriers Association (CCA) unterzeichnet, um die SafePath Global™ Familienlösungen bei den Carrier-Mitgliedern der CCA zu bewerben. Diese Partnerschaft zielt darauf ab, Carriern aller Größen zu ermöglichen, die SafePath-App unter einer einzigen Markenanwendung anzubieten, die über den Google Play Store und den Apple App Store verteilt wird.

Die Zusammenarbeit wird voraussichtlich den adressierbaren Markt von Smith Micro erweitern und die Bereitstellung und den Start der App beschleunigen, was zu einer schnelleren Umsatzgenerierung führen könnte. SafePath Global™ ermöglicht es den Carriern, ihrer Abonnentenbasis einfach Familien-Sicherheitsfunktionen anzubieten, sodass die Verbraucher eine vertrauenswürdige Sicherheitslösung von ihrem drahtlosen Anbieter erhalten können.

Positive
  • Partnership with CCA expands Smith Micro's addressable market
  • Potential for accelerated revenue generation through faster app delivery and launch
  • Enables carriers of all sizes to offer SafePath Global™ to their subscribers
Negative
  • None.

PITTSBURGH--(BUSINESS WIRE)-- Smith Micro Software, Inc. (Nasdaq: SMSI) announced that it has signed a marketing engagement agreement with Competitive Carriers Association (CCA). Smith Micro and CCA will partner to market Smith Micro’s SafePath Global™ family safety solution to CCA’s carrier members under a single branded application. This partnership will enable CCA carrier members of any size to offer this valuable solution to their subscribers under the rapid go-to-market model that SafePath Global supports. The app will be distributed via Google Play and the Apple App Store.

“I am very pleased to announce our new partnership with CCA to offer our industry leading family safety application, SafePath®, to a wide array of carrier members,” said William W. Smith, Jr., president, CEO, and chairman of the board of Smith Micro. “We continue to expand our addressable markets, while building on our strong relationship with carriers around the world. SafePath Global™ allows us to significantly accelerate the delivery and launch of the app to the market, thus delivering revenue faster, while helping families navigate safely the physical and online worlds we live in today.”

“I am very glad to partner with Smith Micro, a new CCA member, to bring their innovative SafePath technology to CCA members,” said Tim Donovan, President & CEO, CCA. “CCA carriers care deeply about the safety of their customers, and solutions like these can bring additional value to the many services network operators provide.”

SafePath Global allows carriers of all sizes to offer the features of the SafePath app easily to their subscriber base enabling consumers to obtain a family safety solution from their wireless provider that they know and trust.

About SafePath®

The SafePath platform provides comprehensive and easy-to-use tools to protect digital lifestyles and manage connected devices through a single app. As a carrier-grade, white-label solution, SafePath empowers wireless service providers and cable operators to bring to market full-featured, on-brand family safety solutions that provide in-demand services such as location, parental controls, screen time management and driver monitoring to mobile subscribers. Delivered to end users as value-added services, SafePath-based solutions activate new revenue opportunities for service providers while helping to increase brand affinity and reduce subscriber churn. Learn more at smithmicro.com/safepath.

About Smith Micro Software, Inc.

Smith Micro develops software to simplify and enhance the mobile experience, providing solutions to some of the leading wireless service providers around the world. From enabling the family digital lifestyle to providing powerful voice messaging capabilities, Smith Micro’s solutions enrich today’s connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer IoT (Internet of Things) devices. The Smith Micro portfolio also includes a wide range of products for creating, sharing, and monetizing rich content, such as visual voice messaging, optimizing retail content display and performing analytics on any product set. For more information, visit www.smithmicro.com.

Smith Micro, the Smith Micro logo, SafePath and SafePath Global are registered trademarks or trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective owners.

About CCA

Competitive Carriers Association (CCA) is the leading association for competitive telecom providers and stakeholders across the United States. Members range from small, rural carriers serving fewer than 5,000 customers to regional and nationwide providers serving millions of customers, as well as vendors and suppliers that provide products and services throughout the communications ecosystem.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements regarding future events or results within the meaning of the Private Securities Litigation Reform Act, including statements related to the future availability and launch release of Smith Micro’s products and services and/or enhancements and updates to our products and services by our customers, other projections of outlook or performance and future business plans, and the benefits that Smith Micro believes our solutions will offer to our customers and to their end users, and statements using such words as “expect,” “anticipate,” “believe,” “plan,” “intend,” “could,” “will” and other similar expressions. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Among the important factors that could cause or contribute to such differences are unanticipated delays or obstacles in our development and release cycles, the degree to which competing business needs may affect our allocation of resources to planned projects, the degree to which our customers adopt, offer and promote our products and services and our planned enhancements and updates thereto or the degree to which their end users adopt our products and services and our planned enhancements and updates thereto in the time period that we expect or at all, our reliance on third party operating systems for the proper operation and delivery of our solutions and any barriers to our use of such third party technology, our reliance on third party application stores for the distribution of our software applications and any barriers to such distribution, including any delay or failure of such third party to approve new versions of our applications or their implementation and/or application of policies that may be harmful to our business, our ability to attract and retain key technical personnel that are essential to our product development efforts, changes in demand for our products from our customers or their end users, changes in requirements for our products imposed by our customers or by the third party providers of software and/or platforms that we use, new and changing technologies and customer acceptance and timing of deployment of those technologies, and our ability to compete effectively with other software and technology companies. These and other factors discussed in our filings with the Securities and Exchange Commission, including our filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The forward-looking statements contained in this release are made on the basis of the views and assumptions of management, and we do not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release.

PR INQUIRIES:

Smith Micro Software

Noah Dicker

+1 (412) 837-5300

pr2@smithmicro.com

IR INQUIRES:

Smith Micro Software

Charles Messman

+1 (949) 362-5800

IR@smithmicro.com

Source: Smith Micro Software, Inc.

FAQ

What is the new partnership announced by Smith Micro Software (SMSI)?

Smith Micro Software (SMSI) has signed a marketing engagement agreement with Competitive Carriers Association (CCA) to promote its SafePath Global™ family safety solution to CCA's carrier members.

How will the SafePath Global™ app be distributed under this agreement?

The SafePath Global™ app will be distributed via Google Play and the Apple App Store as a single branded application for CCA carrier members.

What are the potential benefits of this partnership for Smith Micro (SMSI)?

The partnership is expected to expand Smith Micro's addressable markets, accelerate app delivery and launch, and potentially lead to faster revenue generation for SMSI.

How does SafePath Global™ benefit carriers and consumers?

SafePath Global™ allows carriers of all sizes to easily offer family safety features to their subscribers, enabling consumers to obtain a trusted safety solution from their wireless provider.

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