Smith Micro Announces New Agreement with a Mobile Operator in the US for Deployment of Its SafePath Platform
April 02 2024 - 7:00AM
Business Wire
U.S. Wireless Carrier Will Launch First
Deployment of SafePath Global™
Smith Micro Software, Inc. (Nasdaq: SMSI) announced that it has
a signed a new agreement with a U.S.-based mobile operator for
deployment of the SafePath® solution to its subscribers.
“We are pleased to announce a new customer for our SafePath
platform, who will be the first to launch SafePath Global™,” said
William W. Smith, Jr., president, CEO, and chairman of the board of
Smith Micro. “Our new SafePath Global deployment model allows for a
significant acceleration of the delivery and launch of the
application into the market, giving families peace of mind and
delivering revenue faster.”
SafePath Global allows carriers of any size to offer all of the
features of the SafePath app quickly and easily to their customers,
enabling them to obtain a family safety solution from a wireless
provider that they know and trust. It reduces or eliminates many of
the challenges of deploying a family safety solution, such as cost,
resource constraints, and multiple decision points, into an easy,
universal delivery method that provides a faster time to market
with minimal required resources.
About SafePath®
The SafePath platform, comprised of SafePath Family™, SafePath
IoT™, SafePath Home™, SafePath Drive™, SafePath Premium™, SafePath
OS™ and SafePath Global™ 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 Digital Family
Lifestyle are registered trademarks or trademarks of Smith Micro
Software, Inc. All other trademarks and product names are the
property of their respective owners.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240402357578/en/
PR INQUIRIES: Smith Micro Software Paula Yurkovich +1
(412) 260-1259 pr2@smithmicro.com
IR INQUIRES: Smith Micro Software Charles Messman +1
(949) 362-5800 IR@smithmicro.com
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