Latest news with #DomenickCileaSpringboarddcilea
Yahoo
22-05-2025
- Business
- Yahoo
Synchronoss Personal Cloud Enhances Genius AI Functionality and Adds New Features to Significantly Improve Photo Discovery and Engagement
BRIDGEWATER, N.J., May 22, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ('Synchronoss') (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced the release of Synchronoss Personal Cloud 25.5, introducing new AI-powered capabilities and enhanced user experiences, including: Enhanced photo editing, with new styles and transformations that inspire joy and spark creativity AI-curated personalized memories with auto-styled photos Innovative timeline comparisons with personalized 'Then and Now' photos GPS-Integrated photo view New Features Reimagine Memory Discovery Built on Synchronoss Genius AI, the latest update delivers a personalized and intelligent way for users to creatively engage with, relive, and enhance their most meaningful memories. Stylized Moments, now more dynamic, selects eligible photos and automatically applies artistic effects, prompting users with a preview notification and allowing easy interaction to relive or share those moments. Locations Map organizes photos and videos by geographic data, displaying them across an interactive world map. From family vacations to milestone road trips, users can browse memories spatially, making rediscovery feel like time travel. Then and Now presents pairs of photos across years, creating meaningful side-by-side retrospectives, like the first day of kindergarten versus the first day of middle school. 'The new functionality in Synchronoss Personal Cloud directly addresses the challenge of digital content overload, making it easier than ever for users to find and enjoy the photos that matter most, which often get lost within ever-growing photo libraries,' said Jeff Miller, President and CEO of Synchronoss. 'By intelligently indexing, categorizing, and providing AI-powered creative tools and features, Synchronoss is enabling users to unlock and relive the hidden value within their digital lives.' Powering Global Cloud Innovation These features reflect Synchronoss' continued investment in AI innovation and its commitment to empowering users to protect and personalize their digital lives. Synchronoss Personal Cloud is currently deployed by tier-one global carriers and supports over 11 million subscribers worldwide. About Synchronoss Synchronoss Technologies (Nasdaq: SNCR), a global leader in personal Cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Our SaaS Cloud platform simplifies onboarding processes and fosters subscriber engagement using artificial intelligence (AI), machine learning and other advanced features, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content. Explore how our Cloud-focused solutions redefine the way you connect with your digital world at Media Relations Contact:Domenick CileaSpringboarddcilea@ Brian Denyeau / Ryan GardellaICR in to access your portfolio
Yahoo
29-04-2025
- Business
- Yahoo
Synchronoss Technologies Announces the Successful Completion of Debt Refinancing
BRIDGEWATER, N.J., April 29, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ('Synchronoss' or the 'Company') (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, announced that it has entered into an agreement with TP Birch Grove to refinance its existing senior notes and term loan facilities with a new $200 million, four-year term loan, extending the maturity of its debt and further enhancing the Company's financial flexibility. Proceeds from the Term Loan will be used to repay the remaining $73.6 million principal of the original $75 million term loan facility and the $121 million remainder of the senior notes. The company will use approximately $8 million in funds off its balance sheet to complete the transaction, including fees, call protection payments, and accrued interest. The Term Loan carries a maturity date of April 24, 2029, and is priced at SOFR plus 700 basis points, with one 50bps leverage-based stepdown. TD Cowen served as Exclusive Financial Advisor for the term loan refinancing. 'We're pleased to announce the successful completion of our new term loan facility, which allows us to retire our senior notes and extend the maturity of our debt obligation until 2029. This eliminates the near-term overhang associated with the now-retired senior notes and adds to the financial stability of the Company,' said Lou Ferraro, Chief Financial Officer of Synchronoss. 'This refinancing significantly improves our capital structure, which in turn provides Synchronoss with the ability to further invest in our Personal Cloud solution as well as provide greater operational flexibility moving forward. Considering the volatility surrounding the financial markets at this time, we're pleased to provide shareholders with an additional level of certainty in our operations. We're also once again grateful to TP Birch Grove, who also led our $75 million term loan refinancing in 2024, and TD Cowen for their outstanding partnership and support throughout the process.' TD Cowen acted as Exclusive Financial Advisor to Synchronoss. Kirkland & Ellis, LLP served as legal counsel to Synchronoss. Cahill Gordon & Reindel LLP served as legal counsel to TP Birch Grove. About SynchronossSynchronoss Technologies (Nasdaq: SNCR), a global leader in personal Cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Our SaaS Cloud platform simplifies onboarding processes and fosters subscriber engagement, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content. Explore how our Cloud-focused solutions redefine the way you connect with your digital world at Media Relations Contact:Domenick CileaSpringboarddcilea@ Investor Relations Contact:Ryan GardellaICR for SynchronossSNCRIR@ in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
Synchronoss Technologies Announces First Quarter 2025 Earnings Call Date
BRIDGEWATER, N.J., April 22, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ('Synchronoss' or the 'Company') (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, will hold a conference call on Tuesday, May 6, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call. Synchronoss management will host the presentation, followed by a question-and-answer period. Date: Tuesday, May 6, 2025Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Dial-In Number: 877-451-6152 (domestic) or 201-389-0879 (international)Conference ID: 13753247 The conference call will be broadcast live here and via the Investor Relations section of Synchronoss' website. About SynchronossSynchronoss Technologies (Nasdaq: SNCR), a global leader in personal Cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Our SaaS Cloud platform simplifies onboarding processes and fosters subscriber engagement, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content. Explore how our Cloud-focused solutions redefine the way you connect with your digital world at Media Relations Contact:Domenick CileaSpringboarddcilea@ Investor Relations Contact:Ryan GardellaICR for SynchronossSNCRIR@
Yahoo
25-02-2025
- Business
- Yahoo
Synchronoss Technologies Announces Fourth Quarter and Full Year 2024 Earnings Call Date
BRIDGEWATER, N.J., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ('Synchronoss' or the 'Company') (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, will hold a conference call on Tuesday, March 11, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2024. Financial results will be issued in a press release prior to the call. Synchronoss management will host the presentation, followed by a question-and-answer period. Date: Tuesday, March 11, 2025Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Dial-In Number: 877-451-6152 (domestic) or 201-389-0879 (international)Conference ID: 13751475 The conference call will be broadcast live here and via the Investor Relations section of Synchronoss' website. About SynchronossSynchronoss Technologies (Nasdaq: SNCR), a global leader in personal Cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Our SaaS Cloud platform simplifies onboarding processes and fosters subscriber engagement, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content. Explore how our Cloud-focused solutions redefine the way you connect with your digital world at Media Relations Contact:Domenick CileaSpringboarddcilea@ Investor Relations Contact:Ryan GardellaICR for SynchronossSNCRIR@ in to access your portfolio
