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Smith Micro Announces Expanded Multi-Year Agreement with U.S. Tier 1 Mobile Operator to Advance Family Safety Innovation

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced a new multi-year, multi-SKU agreement with a major U.S.-based mobile operator that expands the companies’ long-standing partnership and reinforces their shared commitment to delivering innovative family safety solutions. Through Smith Micro’s SafePath® platform, the agreement will support continued investment in new capabilities that help families stay connected, informed, and protected in an increasingly digital world.

The expanded agreement creates a framework for ongoing product innovation, enabling the introduction of new services and experiences designed to enhance value for customers while supporting the company’s family safety strategy.

“We are excited to deepen our relationship with our mobile operator partner through this expanded multi-year agreement,” said Tim Huffmyer, Chief Executive Officer of Smith Micro. “This commitment reflects the strength of our partnership, their confidence in our technology, and our shared vision of delivering industry-leading family safety experiences. Together, we will continue to innovate and bring meaningful solutions that help families stay connected and protected.”

The agreement further strengthens the collaboration between the two companies and establishes a foundation for future growth, product expansion, and broader deployment opportunities across their customer base.

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 Digital Family 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 devices. For more information, visit smithmicro.com.

Smith Micro, the Smith Micro logo and SafePath are registered trademarks of Smith Micro Software, Inc.

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 of Smith Micro’s products and services and/or upgrades, updates and enhancements to our products and services, other projections of outlook or performance and future business plans, 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 our ability to establish and maintain strategic relationships with our customers and mobile device manufacturers, their ability to attract customers, and their willingness to promote our products; our ability and/or customers’ ability to distribute our mobile software applications to their end users through third party mobile software application stores, which we do not control; our dependency upon effective operation with operating systems, devices, networks and standards that we do not control and on our continued relationships with mobile operating system providers, device manufacturers and mobile software application stores; unanticipated delays or obstacles in our development and release cycles and the degree to which competing business needs or resource availability may affect our allocation of resources to planned projects; our ability to hire and retain key personnel; interruptions or delays in the services we provide from our data center and cloud hosting facilities; the existence of undetected software defects in our products and our failure to resolve detected defects in a timely manner; rapid technological evolution and resulting changes in demand for our products from our key customers and their end users. 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.

Contacts

PR INQUIRIES:
Smith Micro Software
Kelly Sulkosky
+1 (412) 837-5300
PR@smithmicro.com

IR INQUIRIES:
Smith Micro Software
Charles Messman
+1 (412) 837-5300
IR@smithmicro.com

Smith Micro Software, Inc.

NASDAQ:SMSI
Details
Headquarters: Pittsburgh, Pennsylvania
CEO: William W. Smith, Jr.
Employees: 255
Organization: PUB
Revenues: $51.3 million (2020)
Net Income: $4.2 million (2020)

Release Versions

Contacts

PR INQUIRIES:
Smith Micro Software
Kelly Sulkosky
+1 (412) 837-5300
PR@smithmicro.com

IR INQUIRIES:
Smith Micro Software
Charles Messman
+1 (412) 837-5300
IR@smithmicro.com

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