UPDATE - Cellebrite Announces Innovative Case-Closing Technology; Raising the Bar for Modern Investigations
June 05 2023 - 11:08AM
Cellebrite DI Ltd. (Nasdaq: CLBT), a global leader in Digital
Intelligence (DI) solutions for the public and private sectors,
announced today its new UFED Ultra solution which expands and
accelerates data access, extraction, decoding, and review
capabilities for law enforcement agencies around the world to
deliver court-ready digital evidence.
Cellebrite’s UFED Ultra strengthens the end-to-end
solution suite by broadening access to devices and operating
systems thereby streamlining the investigative workflow and
accelerating time-to-evidence. This technology and infrastructure
provide unparalleled access and extraction capabilities meaning
every agency with Cellebrite technology, regardless of size, is
equipped to confidently solve more crimes faster.
“With UFED Ultra, every Cellebrite endpoint is now
capable of advanced extractions and unlocks when converted to
Ultra,” said Cellebrite Chief Products and Technologies Officer
Ronnen Armon. “This innovative technology represents a significant
advancement in digital forensics technology, as it multiplies the
speed of extraction, broadens the scope of accessible devices and
increases the quantity of digital artifacts which yield impactful
evidence. We believe that UFED Ultra will enable our customers to
accelerate justice by bringing cases to successful closure for
investigations that depend on identifying valuable digital
evidence.”
"Cellebrite continues to channel its R&D
efforts towards streamlining investigative workflow; UFED Ultra
opens the aperture on evidence extraction, precisely when this
stage of the forensic workflow is becoming more technologically
challenging for agencies worldwide,” said Dr. Alison Brooks,
Research Vice President for the International Data Corporation.
By revolutionizing the flow of digital forensics,
UFED Ultra offers the potential to empower over 40,000 examiners
worldwide that depend on Cellebrite to stay ahead of digital-savvy
criminals while upholding the highest industry standards.
For more information on UFED Ultra, please visit
here.
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 for fiscal year 2023 and
certain statements related to being on track to achieve our
original FY23 financial targets, being well positioned to drive
improved year-over-year profitability and strong free cash flow
over the coming quarters, and reiterating our full-year 2023
guidance. Such forward-looking statements including those with
respect to 2023 revenue and annual recurring revenue, profitability
and earnings as well as commentary associated with future
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 purchase, acceptance and
use 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; intense competition in all of
Cellebrite’s markets; the inadvertent or deliberate misuse of
Cellebrite’s solutions; failure to manage its growth effectively;
Cellebrite’s ability to introduce new solutions and add-ons; its
dependency on its customers renewing their subscriptions; the low
volume of business Cellebrite conducts via e-commerce; risks
associated with the use of artificial intelligence; the risk of
requiring additional capital to support the growth of its business;
risks associated with higher costs or unavailability of materials
used to create its hardware product components; fluctuations in
foreign currency exchange rates; lengthy sales cycle for some of
Cellebrite’s solutions; near term declines in new or renewed
agreements; risks associated with inability to retain qualified
personnel and senior management; the security of Cellebrite’s
operations and the integrity of its software solutions; risks
associated with the negative publicity related to Cellebrite’s
business and use of its products; risks related to Cellebrite’s
intellectual property; the regulatory constraints to which
Cellebrite is 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 April 27, 2023 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 Sr. Director of Corporate
Communications + Content
Operations Victor.cooper@cellebrite.com +1
404.804.5910
Investors Andrew
Kramerinvestors@cellebrite.com
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