Exhibit 99.1
Tom Matthews
  Charles Messman, Todd Kehrli
Chief Strategy Officer
  MKR Group

Total Year Revenues $130.5 Million; Fourth Quarter Revenues $35.3 Million
Total Year GAAP EPS of $0.36, Non-GAAP Diluted EPS of $0.98
Aliso Viejo, CA, February 24, 2011
— Smith Micro Software, Inc. (NASDAQ: SMSI), a leading developer and marketer of software solutions and services for the mobility market, today reported financial results for the fiscal 2010 fourth quarter and full year ended December 31, 2010.
“Our solid fourth quarter performance contributed to closing out fiscal 2010 as a very strong year where we achieved both record revenues and profitability,” said William W. Smith Jr., President and CEO of Smith Micro Software. “In addition to delivering outstanding financial results, during the year we embarked on several key new initiatives within the Company designed to put us in position to capture new opportunities emerging with the rapid adoption of broadband mobile data services along with the deployments of 4G next generation wireless networks.”
Mr. Smith concluded, “We are encouraged by the early response to some of our key initiatives such as our Quicklink Mobile Hotspot Manager powered by our SODA (Secure on-Device API) that will bring a new level of manageability to the mobile hotspot users experience while enabling carriers and device manufacturers with increased efficiencies and velocity to market with these exciting new products.”
Smith Micro reported revenues of $35.3 million for the fourth quarter ended December 31, 2010, an 18.8% increase over revenues of $29.7 million reported in the fourth quarter of 2009.
Fourth quarter gross profit on a GAAP basis increased $5.1 million to $31.2 million, an increase of 19.3% from the fourth quarter of 2009. On a non-GAAP basis (which excludes amortization of intangibles and stock compensation), fourth quarter gross profit was $32.6 million, an increase of $5.0 million, or 18.1%,


The following information was filed by Smith Micro Software Inc (SMSI) on Thursday, February 24, 2011 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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