Market Overview

Synchronoss Appoints David Clark As Chief Financial Officer


Technologies, Inc.
(NASDAQ:SNCR), a global leader and innovator in
cloud, messaging, digital and IoT products and platforms, today
announced the appointment of David Clark as Chief Financial Officer
(CFO), effective immediately. Clark, who recently joined Synchronoss as
Executive Vice President of Finance, will replace Lawrence Irving, who
has served as Synchronoss' CFO since rejoining the company in April
2017. Irving, who is re-retiring, will serve in a consultative capacity
to the company into early 2019 to ensure an orderly transition.

Prior to joining Synchronoss, Clark had served as the CFO of The Meet
Group, a fast-growing portfolio of mobile applications, from 2013 to
2018. Prior to that, he served as the CFO of Nutrisystem from 2007 to
2013 and as CFO of Claymont Steel from 2006 to 2007. Clark's first CFO
role was at Suncom Wireless from 1997 to 2006, where he successfully
scaled the company to more than $800 million in revenue. He is a
graduate of Boston College with a B.S. in Accounting and Economics.

"On behalf of Synchronoss and its Board of Directors, I am excited to
have David assume the role of CFO," said Glenn Lurie, President and CEO
of Synchronoss. "David has nearly 20 years of experience as a public
company CFO, which included 15 years with companies in or related to the
mobile industry. His deep domain, financial forecasting, accounting and
capital markets experience will be tremendous assets for Synchronoss as
we focus on executing on our strategic priorities."

Lurie added, "I would also like to offer my sincere thanks to Larry
Irving for the tremendous contributions he has made to Synchronoss over
the years. His decision to return to the company last year was
instrumental in leading us to a successful completion of our financial
restatement process. I speak for everybody at Synchronoss when I wish
Larry all the best in re-retirement."

David Clark, Synchronoss' CFO, said, "I am excited to be the next CFO of
Synchronoss. The company is a well-established market leader with
significant expertise and long-lasting, strategic customer
relationships. We have a clearly defined plan in place that we believe
will enable Synchronoss to once again deliver strong top-line growth and
meaningful profitability. I look forward to partnering with Glenn and
the entire Synchronoss team to successfully execute on these objectives."

About Synchronoss Technologies, Inc.

Synchronoss transforms the way companies create new revenue, reduce
costs and delight their subscribers with cloud, messaging, digital and
IoT products and platforms supporting hundreds of millions of
subscribers across the globe. Synchronoss' secure, scalable and
groundbreaking new technologies, trusted partnerships and talented
people change the way TMT customers grow their businesses. For more
information, visit us at

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