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Sprint selects Small-cap Stock Smith Micro Software Inc.’s (SMSI) Mobile Network Director

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Shares of Smith Micro Software Inc. (NASDAQ: SMSI), a designer, developer and marketer of software products and services primarily for the mobile computing and communications industries, soared in Monday’s trading session.

Smith Micro Software shares rose to an intra-day high of $1.65 on Monday before finishing the day 9.92% higher at $1.44.

Smith Micro shares surged on Monday after the company announced that Sprint (NYSE: S) selected its Mobile Network Director™ to provide traffic management between networks while maintaining a high-quality experience for subscribers.

Fared Abib, vice president of Product Development for Sprint, said that the company’s relationship with Smith Micro Software is instrumental in the execution of its strategy of providing customers the best unlimited data plan in the industry.

William J. Smith Jr., president and CEO of Smith Micro Software, said that improving the customer experience is the motivating force behind Sprint’s choice of its new solution. Smith further said that the company is excited to provide Sprint a solution that automatically selects the best network option for the customer.

Posted by on Tuesday, January 10th, 2012. Filed under Gadgets, Internet. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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