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Synchronoss Technologies Announces Entering into Patent License for Egnyte to become Synchronoss Patent Licensee

April 9, 2019

BRIDGEWATER, N.J., April 09, 2019 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR) and Egnyte, Inc. today announce that they have agreed to a patent license and Egnyte is now a Synchronoss patent licensee. This license and settlement agreement amicably settled all litigation issues between the parties. The terms of the patent license and settlement agreement remain confidential between the parties.

Contact:Investors:Joe CrivelliVice President, Investor Relations, Synchronoss908-566-3131 investor@synhronoss.com

Media: CCgroupUS: Diane Rose, +1 727-238-7567 or International: Anais Merlin, +44 20 3824 9219 synchronoss@ccgrouppr.com