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Smith Micro Announces the Launch of SafePath® Family Platform with Sprint

Oct 13, 2017

ALISO VIEJO, CA, October 13, 2017 – Smith Micro Software, Inc. (NASDAQ:SMSI), today announced that Sprint has launched its SafePath® Family platform, marking the first deployment of Smith Micro’s industry-leading family location and parental controls platform by a U.S. wireless operator. With the service launch, Sprint customers can access mobile safety functionality for family smartphones, such as family location, parental controls, and device security as part of one comprehensive mobile app subscription, available for both Android and iOS.

“We are excited to announce the first launch of our SafePath Family platform with Sprint in the United States,” said William W. Smith Jr., President and CEO of Smith Micro. “This is a significant milestone for the Company, as we expect the deal to have a positive material impact on both our top line and bottom line in 2018 and beyond.”

The SafePath Family platform brings to the market the most comprehensive, carrier-grade family safety offering in the market, designed to address several acute challenges prevalent in today’s mobile society such as child safety, cyberbullying, mobile content controls, and device security. Learn more about SafePath Family here.

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, device manufacturers, and enterprise businesses around the world.  From optimizing wireless networks to uncovering customer experience insights, and from streamlining Wi-Fi access to ensuring family safety, our solutions enrich today’s connected lifestyles while creating new opportunities to engage consumers via smartphones. Our portfolio also includes a wide range of products for creating, sharing and monetizing rich content, such as visual messaging, video streaming, and 2D/3D graphics applications. For more information, visit www.smithmicro.com.

Safe Harbor Statement:

This release contains forward-looking statements that involve risks and uncertainties, including without limitation, forward-looking statements relating to the company’s financial prospects and other projections of its performance, the existence of new sales opportunities and interest in the company’s products and solutions, the company's ability to increase its revenue by capitalizing on new opportunities, and customer concentration given that the majority of our sales depend on a few large client relationships. Among the important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are changes in demand for the company’s products from its customers and their end-users, new and changing technologies, customer acceptance and timing of deployment of those technologies, and the company's ability to compete effectively with other software and technology companies. These and other factors discussed in the company's 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 regarding future events and business performance as of the date of this release, and the company does not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release.

Restrictions apply. Coverage not avail. everywhere. Smith Micro and the Smith Micro logo are registered trademarks or trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective companies.
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