PR92216

PETAH TIKVAH, Israel, Oct. 11, 2021 /PRNewswire=KYODO JBN/--

-- Adding an open-source intelligence solution to its DI offering strategically

positions Cellebrite to expand its work within law enforcement intelligence and

investigation efforts

Cellebrite (

https://c212.net/c/link/?t=0&l=en&o=3318219-1&h=736548222&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3254208-1%26h%3D2383684107%26u%3Dhttps%253A%252F%252Fwww.cellebrite.com%252Fen%252Fhome%252F%26a%3DCellebrite&a=Cellebrite

) (Nasdaq: CLBT), a leader in Digital Intelligence (DI) solutions for the

public and private sectors, today announced it has signed a definitive

agreement to acquire the assets of open-source intelligence firm Digital Clues

AG ("Digital Clues"). The acquisition strengthens Cellebrite's market-leading

Digital Intelligence platform, reinforces our position as the end-to-end

technology partner capable of digitizing the entire investigative workflow, and

is expected to aid in growing the company's footprint within law enforcement

intelligence and investigation units across the globe.

The start of an investigation is time-sensitive, and information must be

gathered as quickly as possible. Digital Clues' open-source intelligence

solutions kickstart law enforcement intelligence and investigation efforts when

there are no targets and very few clues, helping customers collect and connect

data from many dynamic sources including the surface web, deep web, and dark

web.

Israel-based Digital Clues has a team of more than 20-persons, boasting a

strong contingent of Research & Development specialists and a leadership team

with decades of experience across intelligence, big data, and security for

public safety agencies and enterprises. Digital Clues technology is available

both as a SaaS offering and as on-premise software. Their solutions enable the

collection of large amounts of data from various sources, leveraging artificial

intelligence to draw valuable insights on suspected persons or entities, while

enriching other digital evidence with valuable information from open sources.

Photo - https://mma.prnewswire.com/media/1656528/CELLBRITE_DIGITAL_CLUES.jpg

Logo - https://mma.prnewswire.com/media/1193846/Cellebrite_Logo.jpg

Yossi Carmil, Cellebrite CEO, said, "we are pleased to announce this

acquisition, an important step in executing against our vision of building a

leading end-to-end investigative Digital Intelligence platform. Open-source

intelligence capabilities provide law enforcement agencies with critical tools

to capitalize on those crucial early hours of an investigation. The team at

Digital Clues has built up a strong reputation in this space and we look

forward to welcoming them into the Cellebrite family."

Yossi Ofek, CEO & Chairman of Digital Clues, brings over 20 years of experience

in homeland security and will lead the open-source intelligence business

efforts at Cellebrite. He comments: "The demand for cloud-based and on-premises

open-source intelligence solutions is driven by the increasing need for

automated systems to help public safety agencies sift through the tidal wave of

information hosted on the web. We share Cellebrite's commitment to accelerate

justice and are excited about combining Digital Clues' capabilities with

Cellebrite's world-leading and comprehensive Digital Intelligence platform."

The acquisition is expected to close in the fourth quarter of 2021 and is

subject to customary closing conditions.  

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. Cellebrite is the global leader in Digital Intelligence solutions for

the public and private sectors, empowering organizations to master the

complexities of legally sanctioned digital investigations by streamlining

intelligence processes. Trusted by thousands of leading agencies and companies

in more than 140 countries, 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 the final proxy

statement/prospectus relating to Cellebrite's consummated business combination

filed with the SEC on August 5, 2021 and in other documents filed by Cellebrite

with the 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.

Media Contacts:

Adam Jaffe

VP of Global Communications

+1-973-206-7643

adam.jaffe@cellebrite.com ;  or

RapidResponse@cellebrite.com

Investors:

Anat Earon-Heilborn

VP Investor Relations

+972-73-394-8440

investors@cellebrite.com

SOURCE: Cellebrite