Category: Asean

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Cellebrite to Release Second Quarter 2022 Financial Results on August 11, 2022

PETAH TIKVAH, Israel and TYSONS CORNER, Va., July 07, 2022 (GLOBE NEWSWIRE) — Cellebrite (NASDAQ: CLBT) (the “Company”), a global leader in Digital Intelligence (DI) solutions for the public and private sectors, today announced that it will report its second quarter 2022 financial results before market open on Thursday, August 11, 2022.

On that day, management will host a conference call and webcast to discuss the Company’s financial results at 8:30 a.m. ET.

Telephone participants are advised to register in advance at: https://register.vevent.com/register/BI90711c1a1a8c4d6d8d7487d0eec649e8.

Upon registration, participants will receive a confirmation email detailing how to join the conference call, including the dial-in number and a unique registrant ID.

The live conference call will be webcast in listen-only mode at: https://edge.media-server.com/mmc/p/smmox4u4.

The webcast will remain available after the call at: https://investors.cellebrite.com/events-presentations.

About Cellebrite 

Cellebrite’s (NASDAQ: CLBT) mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world. We are a global leader in Digital Intelligence solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes. Trusted by thousands of leading agencies and companies worldwide, Cellebrite’s Digital Intelligence platform and solutions transform how customers collect, review, analyze and manage data in legally sanctioned investigations. To learn more, visit us at www.cellebrite.com and https://investors.cellebrite.com.

Caution Regarding Forward Looking Statements
This document includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “could,” “continue,” “expect,” “estimate,” “may,” “plan,” “outlook,” “future” and “project” and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward looking statements include estimated financial information. Such forward looking statements with respect to revenues, earnings, performance, strategies, prospects, and other aspects of the business of Cellebrite are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements. These factors include, but are not limited to: Cellebrite’s ability to develop technologically advanced solutions and successfully integrate with the software solutions used by customers; acceptance of solutions by customers; errors, failures, defects or bugs in solutions; a failure to maintain sales and marketing personnel productivity or hire, integrate and retain additional sales and marketing personnel; the impact of the global COVID-19 pandemic; the impact of competition on pricing and on Cellebrite’s market share; sub-optimal results from products due to misuse by customers; Cellebrite’s failure to maintain and enhance its reputation and brand; inaccuracy of the estimates of Cellebrite’s market opportunity and forecasts of market growth; changes to packaging and licensing models that adversely affect the ability to attract or retain customers; failure to manage future growth effectively; failure to introduce new solutions and add-ons; issues in the use of artificial intelligence resulting in reputational harm or liability; the need for additional capital to support the growth of Cellebrite’s business; a failure to maintain the security of operations and the integrity of software solutions; the impact of government budgeting cycles and appropriations, early termination, audits, investigations, sanctions and penalties; a decline in government budgets, changes in spending or budgetary priorities, or delays in contract awards; a failure to adequately obtain, maintain, protect and enforce Cellebrite’s intellectual property or infringement of the intellectual property rights of others; perceptions or court or regulatory decisions that Cellebrite’s solutions violate privacy rights; the use of solutions by customers in a way that is, or that is perceived to be, incompatible with human rights; failure to comply with laws regarding privacy, data protection and security, technology protection, sanctions, export controls and other matters; and other factors, risks and uncertainties set forth in the sections titled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our Annual Report on form 20-F filed with the SEC on March 29, 2022 and in other documents filed by Cellebrite with the U.S. Securities and Exchange Commission (“SEC”), which are available free of charge at www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, in this communication or elsewhere. Cellebrite undertakes no obligation to update its forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.

Investors
Anat Earon-Heilborn
VP Investor Relations
+972 73 394 8440
investors@cellebrite.com

Media
Victor Cooper
Public Relations and Corporate Communications Director
+1 404 804 5910
Victor.cooper@cellebrite.com

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Dominica Proudly Hosts Cricket T20 International Matches at Windsor Park Sports Stadium

Roseau, July 06, 2022 (GLOBE NEWSWIRE) — The Commonwealth of Dominica has proudly hosted cricket T20 international matches at the Windsor Park Sports Stadium a five-year hiatus. The nation hosted two back-to-back games which were held on 2 and 3 July 2022.

The Windsor Park Sports Stadium, situated in the capital city Roseau, is one of the official venues for the T20I Bangladesh tour of the West Indies. Prior to these matches, the stadium witnessed four international matches; the first was a One Day International (ODI) played between West Indies and Bangladesh in the year 2009, and the second was also ODI, which was played between West Indies and South Africa in 2010.

Followed by the third match (first T20I), which was played by the West Indies and New Zealand in 2014, and the fourth was a Test Match between West Indies and Pakistan in the year 2017.

During the match, the authorities took special care of the audience’s entertainment and provided a “Carnival-like” atmosphere to the fans and patrons in the interim with the local Dominican cultural presentation.

The Director of Tourism of Dominica, Colin Piper praised the government for the successful hosting of the international matches. He outlined, “The Discover Dominica Authority would like to express its gratitude to the Government of the Commonwealth of Dominica and Cricket West Indies for their efforts and assistance in bringing international cricket back to the country after a five-year absence.”

He further expressed pleasure that the two T20I matches in Dominica on July 2nd and 3rd were fantastic and witnessed a strong turnout of local, regional, and international cricket fans to enjoy the fixtures.

Events Management Executive of Cricket West Indies, Joneé Charles, also lauded Dominica for welcoming international cricket with such enthusiasm. She stated, “We are delighted that Dominica was chosen as the host of two matches, and we also hope to host more in the future. After a challenging two years owing to the pandemic, we must express our gratitude to the local organizing committee and Cricket West Indies for staging these T20I matches.”

Dominica has been able to host international matches on its land because of the efforts of the government. The government has been continuously making efforts to uplift the sports infrastructure in the country.

Recently, the Sports Division of Dominica upgraded the Windsor Park Sports Stadium; the authorities contributed to the refurbishment of the lawn. Earlier, new electronic scoreboards were installed at the Windsor Stadium. Prior to the installation, a protective structure was constructed to ensure the safety of the scoreboard, ensuring a more resilient system. The cost of the scoreboard was near ECD 1 million. The previous board was destroyed during Hurricane Maria hit the country in 2017.

Dominica has been creating stronger sporting bodies such as clubs and sports committees and has also been formalizing the National Sports Council, which is in progress as the documents have been drafted. The government has also been working to put the task force in place and has assigned a coordinator.

The government of Dominica has been uplifting the sports infrastructure through the funds generated through the Citizenship by Investment (CBI) Programme of the country.

Citizenship by Investment of Dominica:

The programme is known to be one of the longest-running, safe and most secure in the world. Launched in 1993, Dominica has been providing alternative citizenship for around three decades.

The funds generated with the help of the programme largely contribute to the development and rehabilitation of resilient infrastructure, including schools, hospitals, healthcare centres, bridges and more. The government has been heavily investing in building the world’s first climate-resilient country which can withstand natural calamities such as Tropical Storms, Hurricanes as well as Cyclones.

Interested investors may apply for alternative citizenship of Dominica through two investment options – Economic Diversification Fund (EDF) and Real Estate Fund Option.

The Economic Diversification Fund (EDF) is a government-supported initiative which contributes toward socio-economic development and helps in the upliftment of the country. The fund generated with the EDF goes towards improving projects in the public and private sectors. To date, the funds generated have assisted in the development of schools, hospitals, sports stadiums and numerous sectors such as tourism and agriculture.

The minimum investment required to apply for the alternative citizenship of Dominica is USD 100,000.

To apply under the Real Estate Investment Option, the applicant has to apply for government-approved properties. The minimum investment required is USD 200,000.

About Dominica:
The magical island of the Caribbean, Dominica is a beautiful destination for anyone who wants to explore and discover exquisite volcanic landscapes, jungles, and tropical beaches.

Dominica is home to the world’s second-largest boiling lake and comprises of nine volcanoes that are entirely safe to visit.

Due to so many volcanoes on the small island country, many beaches in Dominica naturally have greyish-black sand. Mero Beach is one of the famous beaches of the Commonwealth of Dominica.

Besides the magnificent volcanoes and beaches, Dominica also has an extraordinary number of rivers. Some of these rivers are cool and clear blue, while others are fast and cloudy, but almost all rivers are surrounded by exotic flora. The Indian River on the island is the widest of all.

Dominica is popularly known as the ‘Nature Island of the Caribbean’. The island also has the largest settlement of indigenous people in the whole Caribbean region.  

PR Dominica
Commonwealth of Dominica
001 (767) 266 3919
cbiusecretary@dominica.gov.dm
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Cellebrite and Chainalysis Partner to Modernize Digital Investigations by Unlocking Cryptocurrency Data

Two market leaders come together to expand digital investigations

PETAH TIKVA, Israel and TYSONS CORNER, Va. and NEW YORK, July 05, 2022 (GLOBE NEWSWIRE) — Cellebrite DI Ltd. (NASDAQ: CLBT), a global leader in Digital Intelligence (DI) solutions for the public and private sectors, and Chainalysis, the blockchain data platform, have launched a partnership to enable customers to easily identify and assess criminal activity involving cryptocurrency during digital investigations to expedite their resolution.

Cryptocurrency usage has increased significantly over the past several years. While the vast majority of its use is for legitimate purposes, it has also been exploited for illicit use in scamming, money laundering, ransomware, and more. As cryptocurrency artifacts are more frequently found in, and can be used as key pieces of, digital evidence, law enforcement and corporations need access to cryptocurrency-related knowledge and tools to investigate criminal activity and help solve cases.

Together, Cellebrite and Chainalysis are enabling customers to modernize investigations by leveraging the transparency of blockchains. The integrated solution will provide automated, efficient capabilities and knowledge to identify and assess cryptocurrency risks and correlate such information to additional elements of a related case. Cellebrite’s DI suite of solutions will reveal accurate, real-time cryptocurrency data and insights from Chainalysis’ data platform. As a result of this cooperation, examiners, investigators, analysts, and compliance officers will be able to seamlessly identify illicit cryptocurrency-related activity in a single place as part of their familiar digital investigation workflows.

Cellebrite and Chainalysis are also collaborating to empower customers to bridge the cryptocurrency knowledge gap. Together, they will educate customers’ internal experts by offering cryptocurrency training and delivering cryptocurrency expert investigation services, as well as making Chainalysis’ Reactor, the investigation tool, available for advanced cryptocurrency tracing.

“Cryptocurrency, as any other financial instrument, has become a vehicle for funding crime and laundering money, and as its adoption increases, our customers must be equipped with cutting-edge solutions to identify this important category of digital evidence,” said Leeor Ben-Peretz, Chief Strategy Officer at Cellebrite. “Providing our customers with an integrated cryptocurrency investigation solution will expedite their investigations through automation and help them seamlessly uncover a wider range of digital evidence within Cellebrite’s suite of Digital Intelligence solutions. We are happy to join forces with Chainalysis to further enhance our customers’ tools and knowledge, modernize investigations, and accelerate justice.”

“We are thrilled to partner with Cellebrite, the Digital Intelligence market leader, to expand our public and private sector customer reach and provide them access to Chainalysis’ solutions, training, and expertise,” said Thomas Stanley, President and Chief Revenue Officer at Chainalysis. “Together, Cellebrite and Chainalysis are committed to helping combat blockchain-related crime, improving trust and transparency in blockchains, and making cryptocurrency safer for all.”

The initial integrated solution is expected to be available in Q3 2022. To find out more about the partnership offerings, please visit: https://cellebrite.com/en/cellebrite-crypto-solution-powered-by-chainalysis/

About Cellebrite

Cellebrite’s (NASDAQ: CLBT) mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world. We are a global leader in Digital Intelligence solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes. Trusted by thousands of leading agencies and companies worldwide, Cellebrite’s Digital Intelligence platform and solutions transform how customers collect, review, analyze and manage data in legally sanctioned investigations. To learn more visit us at www.cellebrite.com, https://investors.cellebrite.com, or follow us on Twitter at @Cellebrite.

About Chainalysis

Chainalysis is the blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Our data powers investigation, compliance, and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases and grow consumer access to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Coatue, GIC, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com.

Caution Regarding Forward Looking Statements
This document includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “will,” “appear,” “approximate,” “foresee,” “might,” “possible,” “potential,” “believe,” “could,” “predict,” “should,” “could,” “continue,” “expect,” “estimate,” “may,” “plan,” “outlook,” “future” and “project” and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include estimated financial information. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects, and other aspects of Cellebrite’s business are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to: Cellebrite’s ability to keep pace with technological advances and evolving industry standards; Cellebrite’s material dependence on the acceptance of its solutions by law enforcement and government agencies; real or perceived errors, failures, defects or bugs in Cellebrite’s DI solutions; Cellebrite’s failure to maintain the productivity of sales and marketing personnel, including relating to hiring, integrating and retaining personnel; uncertainties regarding the impact of macroeconomic and/or global conditions, including COVID-19 and military actions involving Russia and Ukraine; intense competition in all of Cellebrite’s markets; the inadvertent or deliberate misuse of Cellebrite’s solutions; political and reputational factors related to Cellebrite’s business or operations; risks relating to estimates of market opportunity and forecasts of market growth; Cellebrite’s ability to properly manage its growth; risks associated with Cellebrite’s credit facilities and liquidity; Cellebrite’s reliance on third-party suppliers for certain components, products, or services; challenges associated with large transactions and long sales cycle; risks that Cellebrite’s customers may fail to honor contractual or payment obligations; risks associated with a significant amount of Cellebrite’s business coming from government customers around the world; risks related to Cellebrite’s intellectual property; security vulnerabilities or defects, including cyber-attacks, information technology system breaches, failures or disruptions; the mishandling or perceived mishandling of sensitive or confidential information; the complex and changing regulatory environments relating to Cellebrite’s operations and solutions; the regulatory constraints to which we are subject; risks associated with different corporate governance requirements applicable to Israeli companies and risks associated with being a foreign private issuer and an emerging growth company; market volatility in the price of Cellebrite’s shares; changing tax laws and regulations; risks associated with joint, ventures, partnerships and strategic initiatives; risks associated with Cellebrite’s significant international operations; risks associated with Cellebrite’s failure to comply with anti-corruption, trade compliance, anti-money-laundering and economic sanctions laws and regulations; risks relating to the adequacy of Cellebrite’s existing systems, processes, policies, procedures, internal controls and personnel for Cellebrite’s current and future operations and reporting needs; and other factors, risks and uncertainties set forth in the section titled “Risk Factors” in Cellebrite’s annual report on form 20-F filed with the SEC on March 29, 2022 and in other documents filed by Cellebrite with the U.S. Securities and Exchange Commission (“SEC”), which are available free of charge at www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, in this communication or elsewhere. Cellebrite undertakes no obligation to update its forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.

Cellebrite Media   
Victor Cooper
Public Relations and Corporate Communications Director
+1 404.804.5910
Victor.cooper@cellebrite.com

Cellebrite Investors
Anat Earon-Heilborn
VP Investor Relations
+972 73 394 8440
investors@cellebrite.com

Chainalysis Media
Maddie Kennedy
Senior Director of Communications
media@chainalysis.com
Contact Chainaylsis

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Norway makes fishing vessel data accessible to the world

Norway to become first European nation to share its vessel tracking information on Global Fishing Watch map

Lisbon, Portugal, June 30, 2022 (GLOBE NEWSWIRE) — Norway has become the first country in Europe to partner with Global Fishing Watch—an international nonprofit organization dedicated to advancing ocean governance through increased transparency—and will share its vessel tracking data for the Norwegian fishing fleet on the organization’s public map.

The announcement was made at the second United Nations Ocean Conference in Lisbon, Portugal where countries from around the world are gathering to mobilize action and innovative solutions to some of the ocean’s most pressing threats.

Under the memorandum of understanding, which was signed between Global Fishing Watch and Norway’s Directorate of Fisheries, Norway has agreed to share the vessel monitoring system data for vessels 15 meters or more in length on the Global Fishing Watch map.

“Wild living marine resources are a common good and belong to everyone,” said Frank Bakke-Jensen, director general of the Directorate of Fisheries in Norway. “When a commercial fishing fleet is licensed to utilize this common good, we are obliged and committed to share fisheries data documenting the environmental footprint of commercial fishing activity. We hope that others will follow this approach and share more fisheries data.”

“We believe that improved transparency of fishing data is necessary to reduce the risk of illegal fisheries and set the groundwork for improved compliance,” said Thord Monsen, head of monitoring, control and surveillance at the Directorate of Fisheries.

The incorporated data will span a total of approximately 600 vessels—all vessels 15 meters in length or more predominantly operating in Norwegian waters and the northeast Atlantic Ocean. Norway is currently expanding its VMS requirement to include all commercial fishing vessels, as well as increasing the frequency that vessels need to report their position—a requirement which will be implemented over the coming years in a phased approach.

“We’re seeing more and more countries embrace fisheries transparency, demonstrating their understanding of just how essential public data is to the effective management of fishing activity,” said Tony Long, chief executive officer of Global Fishing Watch. “Norway has taken a leading global role in the sustainable ocean economy and is using its experience and expertise to promote better ocean governance. By bringing its fishing fleet into our map, Norway is paving the way for other countries, including developed nations, to follow suit.”

Since October 2019 Norway has shared its VMS tracking information on the Fisheries Directorate website in support of transparency and as part of an effort to make government data public whenever possible. The partnership with Global Fishing Watch will help make its vessel tracking data more accessible to a wider range of stakeholders—a substantial benefit in the sphere of international fisheries management.

With a coastline of more than 83,000 kilometers, including islands and fjords, the fishing sector is a key element to Norway’s economic, social and cultural identity. Norway is the second largest exporter of fish and fish products by value in the world and is home to some of the most productive marine areas in the world. An influential voice when it comes to fisheries issues and a leader on blue economy issues, Norway’s decision to partner with Global Fishing Watch and amplify its vessel tracking data demonstrates how fisheries transparency can be adopted in countries where fishing represents such a significant part of the economy.

“Data can be a powerful tool in protecting the environment, as we have seen in our work on climate change. The more data we have about the ocean, the better we can protect it and the people that rely on it. Norway’s commitment to making fishing vessel data accessible to the world – via Global Fishing Watch – is a great step forward for ocean transparency,” said Michael R. Bloomberg, Founder of Bloomberg Philanthropies and ​UN Special Envoy on Climate Ambition and Solutions. “Their commitment to data-sharing is a model other countries can follow, and it will help demonstrate the effectiveness – environmentally and economically – of sustainable fishing.”

Norway joins a growing number of progressive countries from around the world that are dedicated to advancing, and benefiting from, fisheries transparency, which include: Benin, Brazil, Belize, Chile, Costa Rica, Ecuador, Panama, Peru and the Republic of the Marshall Islands.

Global Fishing Watch is an international nonprofit organization dedicated to advancing ocean governance through increased transparency of human activity at sea. By creating and publicly sharing map visualizations, data and analysis tools, we aim to enable scientific research and transform the way our ocean is managed. We believe human activity at sea should be public knowledge in order to safeguard the global ocean for the common good of all. globalfishingwatch.org

Attachment


Sarah Bladen
Global Fishing Watch
+44 79 20333832
sarah@globalfishingwatch.org
Posted on

Cellebrite Launch of Physical Analyzer Ultra Series Transforms Industry Standard for Digital Data Examination

With recent launches of Physical Analyzer Ultra Series and SaaS-based Cellebrite Premium, Cellebrite delivers powerful, end-to-end Collect & Review offering for digital investigations

PETAH TIKVA, Israel and TYSONS CORNER, Va., June 30, 2022 (GLOBE NEWSWIRE) — Cellebrite DI Ltd. (Nasdaq: CLBT), a global leader in Digital Intelligence (DI) solutions for the public and private sectors, today announced the general availability of the Cellebrite Physical Analyzer Ultra Series (PA Ultra Series), the next generation of PA and the de-facto industry standard for digital data examination.

PA Ultra Series is a revolutionary solution that further empowers investigators to uncover key pieces of case-relevant digital evidence and examine digital data more efficiently, to help secure more convictions, accelerate justice, and close cases faster. PA Ultra Series will significantly boost Cellebrite’s Collection & Review offerings as part of the Digital Intelligence suite of solutions.

PA Ultra Series will enable investigation teams to leverage an upgraded solution that can process a higher volume of computer, cloud, and mobile data, allow cases to be opened without the need to reparse data and support multiple cases and evidence per device with enhanced location data from a new customizable dashboard. PA Ultra will also enable data enrichment for cryptocurrency, ranging from leading blockchain data platforms to tracking transactions.

Ronnen Armon, Chief Products & Technologies Officer, said: “PA Ultra Series transforms PA’s data processing, decoding, and reporting capabilities. We are confident that our continued innovation will empower examiners and law enforcement agencies to make more efficient and insightful investigative decisions that will lead to uncovering the truth and securing more convictions.”

Additionally, after successful beta testing and showcasing the pre-release, the SaaS version of Cellebrite Premium, an industry-leading advanced access solution, is now available for customers. With the general release of PA Ultra Series and the general availability of a SaaS-based version of Cellebrite Premium, Cellebrite has built upon its position as the global leader in the Digital Intelligence market. The Company provides a complete Collection & Review technology stack to its public and private sector customers, dramatically boosting our customer’s ability to analyze data in investigations and manage this process in the cloud.

For more information on Cellebrite PA Ultra Series, please visit https://cellebrite.com/en/pa-ultra.

For more information on Cellebrite Premium-as-a-Service, please visit: https://cellebrite.com/en/premium-as-a-service/.

About Cellebrite

Cellebrite’s (Nasdaq: CLBT) mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world. We are a global leader in Digital Intelligence solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes. Trusted by thousands of leading agencies and companies worldwide, Cellebrite’s Digital Intelligence platform and solutions transform how customers collect, review, analyze and manage data in legally sanctioned investigations. To learn more visit us at www.cellebrite.com, https://investors.cellebrite.com, or follow us on Twitter at @Cellebrite.

Caution Regarding Forward Looking Statements

This document includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “will,” “appear,” “approximate,” “foresee,” “might,” “possible,” “potential,” “believe,” “could,” “predict,” “should,” “could,” “continue,” “expect,” “estimate,” “may,” “plan,” “outlook,” “future” and “project” and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include estimated financial information. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects, and other aspects of Cellebrite’s business are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to: Cellebrite’s ability to keep pace with technological advances and evolving industry standards; Cellebrite’s material dependence on the acceptance of its solutions by law enforcement and government agencies; real or perceived errors, failures, defects or bugs in Cellebrite’s DI solutions; Cellebrite’s failure to maintain the productivity of sales and marketing personnel, including relating to hiring, integrating and retaining personnel; uncertainties regarding the impact of macroeconomic and/or global conditions, including COVID-19 and military actions involving Russia and Ukraine; intense competition in all of Cellebrite’s markets; the inadvertent or deliberate misuse of Cellebrite’s solutions; political and reputational factors related to Cellebrite’s business or operations; risks relating to estimates of market opportunity and forecasts of market growth; Cellebrite’s ability to properly manage its growth; risks associated with Cellebrite’s credit facilities and liquidity; Cellebrite’s reliance on third-party suppliers for certain components, products, or services; challenges associated with large transactions and long sales cycle; risks that Cellebrite’s customers may fail to honor contractual or payment obligations; risks associated with a significant amount of Cellebrite’s business coming from government customers around the world; risks related to Cellebrite’s intellectual property; security vulnerabilities or defects, including cyber-attacks, information technology system breaches, failures or disruptions; the mishandling or perceived mishandling of sensitive or confidential information; the complex and changing regulatory environments relating to Cellebrite’s operations and solutions; the regulatory constraints to which we are subject; risks associated with different corporate governance requirements applicable to Israeli companies and risks associated with being a foreign private issuer and an emerging growth company; market volatility in the price of Cellebrite’s shares; changing tax laws and regulations; risks associated with joint, ventures, partnerships and strategic initiatives; risks associated with Cellebrite’s significant international operations; risks associated with Cellebrite’s failure to comply with anti-corruption, trade compliance, anti-money-laundering and economic sanctions laws and regulations; risks relating to the adequacy of Cellebrite’s existing systems, processes, policies, procedures, internal controls and personnel for Cellebrite’s current and future operations and reporting needs; and other factors, risks and uncertainties set forth in the section titled “Risk Factors” in Cellebrite’s annual report on form 20-F filed with the SEC on March 29, 2022 and in other documents filed by Cellebrite with the U.S. Securities and Exchange Commission (“SEC”), which are available free of charge at www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, in this communication or elsewhere. Cellebrite undertakes no obligation to update its forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.

Cellebrite Contacts

Media
Victor Cooper
Public Relations and Corporate Communications Director
Victor.cooper@cellebrite.com
+1 404.804.5910

Investors
Anat Earon-Heilborn
VP Investor Relations
+972 73 394 8440
investors@cellebrite.com

Posted on

The European Union supports Dominica’s efforts to become climate-resilient

Roseau, June 30, 2022 (GLOBE NEWSWIRE) — The Financial Secretary of the Commonwealth of Dominica had a discussion with the European Union (EU) dignitaries in Brussels, Belgium, on 23 June 23, to discuss Dominica’s journey to becoming the world’s first climate-resilient nation.

Denise Edwards represented the country during the discussions with the European Member of Parliament (MEP) – Stéphane Bijoux, and the new MEP from Martinique Max Orville.

MEP Stéphane Bijoux lauded Dominica’s efforts to become a climate-resilient nation and to promote eco-tourism. He also assured support for the country as it forges ahead with a number of initiatives that will enable it to realise this goal and establish resilient infrastructure to withstand natural catastrophes.

Furthermore, Bijoux asserted, “Climate change is a severe threat that impacts everyone regardless of creed or stature – sadly, Small Island Developing States such as Dominica are bearing the brunt of catastrophic weather patterns. It is our responsibility to partner with developing countries as solidarity is needed in the fight against climate change.”

Dominica has garnered appreciation for promoting as well as encouraging sustainable tourism and preserving its natural assets. The country has been at the frontline of the war against natural disasters, including hurricanes, tropical storms, and cyclones. Additionally, Bijoux mentioned that the country is recovering very well from the global crisis caused by the COVID-19 pandemic.

Dominica has been shattered by various hurricanes and tropical storms, and the country has been building back better after 90 percent of its infrastructure was devastated by Tropical Storm Erika (2015) and Hurricane Maria (2017).

The EU provided €8.9 million in financial assistance under the European Development Fund (EDF) to Dominica at the time Tropical Storm Erika hit the country in 2015. In addition to that, the European Commission’s Civil Protection and Humanitarian Aid department also provided €250,000 in emergency humanitarian aid to Dominica following the severe destruction caused by Hurricane Maria, which devastated the island in 2017.

Further, Dominica has also signed the CARIFORUM-EU Economic Partnership Agreement (EPA), which emphasises development cooperation.

The island nation of Dominica is making the right strides in its quest to become a climate-resilient nation. The construction of its geothermal plant is almost complete.

The plant will enable the country to reduce its reliance on fossil fuels.

In 1992 the United Nations made an urgent call to all countries to tackle climate change amongst other issues and, in 2015 the 17 Sustainable Development Goals (SDGs) were developed.

Dominica is already on its way to achieving six of the 17 SDGs for its nation, these include No Poverty; Good Health and Wellbeing; Affordable and Clean Energy; Industry, Innovation, and Infrastructure; Sustainable Cities and Communities, and Climate Action.

As hurricanes become more frequent and more intense, Dominica and other small islands are seeking new opportunities which lie in decarbonisation and renewable energy technologies to aid more sustainable forms of tourism and digitisation of the economy.

The country, which can be counted among the few nations that can be termed “carbon neutral” is enhancing its resilience agenda by utilising resources on the island to generate energy.

The geothermal plant will ensure that the country is powered by renewable energy, reducing energy costs and carbon emissions while simultaneously creating jobs.

Along with the geothermal plant, the island is ensuring that all infrastructure on the island is developed with sustainability and resilience in mind – all buildings from homes to hospitals, are built to withstand weather disasters.

Dominica’s tourism sector is also witnessing a green revitalisation, thanks to the introduction and construction of boutique environmentally sensitive villas and resorts.

As the country moves towards complete climate resilience, visitors can be confident that their trip helps preserve and boost the environment. Those who fall in love with the country can be pleased to know that they can make it their ideal second home.

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Business School Graduates Enter White-Hot Job Market as Employers Signal Growth, Confidence in Their Credentials

MBA and business master’s degrees remain hot commodity despite recession fears and COVID challenges

RESTON, Va., June 29, 2022 (GLOBE NEWSWIRE) — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today released its annual hiring report, the GMAC Corporate Recruiters Survey – 2022 Summary Report. The report explores the state of employer demand for graduate business school talent (MBA and business master’s degree recipients) in the context of the COVID-19 pandemic and includes responses from nearly 1,000 corporate recruiters and staffing firms around the world. While rising inflation and the war in Ukraine were just at the onset during the time when the survey was conducted in February and March 2022, hiring projections of graduate management education (GME) graduates remain bullish this year, with 92 percent of corporate recruiters expecting to hire newly minted MBAs. Promisingly, 2 in 3 responding corporate recruiters describe the current direction of their organization as expanding or growing (67%) and a similar proportion plan to increase their overall headcount (65%). Also, most recruiters (63%) project that demand for new business school talent will increase in the next five years, with business master’s hiring intention the highest among recruiters for East and Southeast Asia and Middle East companies.

“The latest GMAC findings of the Corporate Recruiters Survey show that nearly 9 out of 10 corporate recruiters feel confident or highly confident in the ability of business schools to prepare students to be successful in their organizations,” said Sangeet Chowfla, president and CEO of GMAC. “That’s an extraordinary figure. It shows that despite the pandemic and the limitations it brought on student mobility, public and mental health, and remote learning, business schools managed to find ways to build an impressive cohort whom corporate recruiters and staffing agencies worldwide continue to bank on as prime sources for talent.”

Other Key Findings

MBA starting salaries continue to provide a premium and Business master’s median starting salaries are on the rise

Recruiter responses suggest companies in the United States plan to offer increased starting salaries to business master’s graduates in 2022 compared to last year. In addition, median MBA starting salary levels eclipse those being offered to bachelor’s graduates by 22 percent to 40 percent across the world regions for which there is sufficient sample to report. Median starting salaries are largest in the United States, where the median starting salary offered to new MBA hires this year ─ US$115,000 — has remained unchanged for the past three survey years. In the current inflationary environment, the relative stability of median MBA salaries suggested by the survey findings means the real value of MBA salaries is declining.

In a likely response to combat the effect of inflation, corporate recruiters look to benefits packages—including educational assistance—to meet the changing needs of new graduates. Educational assistance like tuition reimbursement and scholarships has become an increasingly common benefit, with 54 percent offering it in 2022—up from 35 percent last year.

U.S. international hiring bounced back to pre-pandemic levels with potential of continued growth for 2022

The world regions with the highest percentage of recruiters affirming that they plan to hire international candidates in 2022 are the Middle East (52%) and Western Europe (40%). In the United States, this year’s survey results suggest an improving situation for international MBA and business master’s graduates. Looking back at last year’s actual hiring, 43 percent of U.S. recruiters confirmed they hired international talent in 2021—a bounce back from 35 percent in 2020 and 41 percent in 2019. In this year’s survey, 56 percent of U.S. recruiters say that they either plan to make international hires in 2022 (35%) or are willing to (21%), up from 48 percent that said the same in the 2021 survey. Furthermore, 83 percent of U.S. tech companies say they either plan to make international hires in 2022 (62%) or are willing to (21%)—the most of any U.S. industry.

“As travel restrictions ease around the world and student mobility continues to bounce back, we are thrilled to have more international students back on campuses across the country. Our mission is to help our students find success and our graduates reap the benefits of the strong job market in the U.S.,” said incoming GMAC Board Member and Dean of Carnegie Mellon Tepper School of Business Isabelle Bajeux-Besnainou.

Global corporate recruiters appear to be becoming more accepting of online degrees—with the noteworthy exception of the United States

The percentage of global recruiters who view graduates of online and in-person GME programs equally increased from 34 percent in 2021 to 60 percent in 2022, suggesting a significant growth in the acceptance of online programs. However, the notable outlier is corporate recruiters in the United States—where the lion’s share of the world’s online MBA enrollments are. Among responding U.S. corporate recruiters, just 29 percent agree that they view graduates of online and in-person GME programs equally, the lowest of any world region and down from 33 percent of respondents from the 2021 sample.

“The growth of online MBA programs has been so strong in the United States that for the first time, the total number of enrollments in online programs exceeded that of full-time, in-person MBA enrollments in the 2020-21 academic year, according to data from the Association to Advance Collegiate Schools of Business (AACSB),” said Sabrina White, vice president of school and industry engagement at GMAC. “Business schools are presented a unique opportunity to align expectations and outcomes for graduates and employers as online delivery emerges from the pandemic as an important part of the graduate management education industry.”

About the Report
First launched more than two decades ago, the Corporate Recruiters Survey of 2022 was conducted by GMAC, together with survey partners EFMD and the MBA Career Services and Employer Alliance (MBA CSEA), in association with the career services offices at participating graduate business schools worldwide. In a change from previous years, GMAC Research worked with a market research firm to recruit additional participants to make the overall sample more globally representative. In total, 941 respondents from 38 countries completed this survey, including 539 corporate recruiters and 402 from staffing firms. Recognizing that nearly all responses in previous years came from corporate recruiters, only 2022 responses from corporate recruiters were leveraged to create multi-year comparisons. However, the robust sample of corporate recruiters and staffing firms allowed us to develop geographical snapshots in 2022 that were less apparent in previous years.

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry, as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and The MBA Tour are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
202-390-4180 (mobile)
thsu@gmac.com

A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/3388f75b-1d4e-4329-be0c-ca4a494b76ce