Smith Micro Announces Sale of its Poser® 3D Rendering & Animation Software

Smith Micro Software, Inc. (NASDAQ: SMSI) today announced the sale of its Poser software product line for professional 3D figure design and animation to Bondware, Inc., owner of the popular online marketplace, Renderosity.com, and longtime Smith Micro resale partner.

"We continue to focus the company on building upon the success of our three core wireless solutions, SafePath^®, CommSuite^® and ViewSpot^tm, where we see maximum growth opportunities," said William W. Smith Jr., President and CEO of Smith Micro. "Poser animation software has had a long history with Smith Micro and I am pleased to see it going to a long-term partner in Renderosity."

Poser software is available at www.posersoftware.com.

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 and cable MSOs around the world. From enabling the family digital lifestyle to providing powerful voice messaging capabilities, our solutions enrich today's connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer IoT 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 and the Smith Micro logo are registered trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective owners.