Department of Public Safety Selects Cellebrite to Help Support Its State-Wide Effort to Reduce Drug Related Crime

Rhea-AI Summary

Cellebrite, a leader in Digital Intelligence (DI) solutions, has secured a multi-year agreement valued at over USD $800,000 with a state department of public safety in the U.S. This partnership aims to enhance investigative capabilities for law enforcement agencies and drug task forces through advanced data extraction and analysis from digital devices. The agreement reinforces Cellebrite's commitment to aiding law enforcement in addressing narcotic and opioid-related crimes, ultimately contributing to community safety.

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• Secured a multi-year agreement worth over USD $800,000.
• Enhances investigative capabilities for law enforcement and drug task forces.

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• None.

Cellebrite’s industry-leading Digital Intelligence solutions will strengthen the department’s ability to assist law enforcement agencies and drug task forces

TYSONS CORNER, Va., March 15, 2022 (GLOBE NEWSWIRE) -- Cellebrite (Nasdaq: CLBT), a global leader in Digital Intelligence (DI) solutions for the public and private sectors, today announced that it will equip a state department of public safety in the United States with a suite of solutions from Cellebrite’s industry-leading DI Platform, including Collect & Review Solutions and Advanced Services. The multi-year agreement has a value of over USD $800,000 and will enable the department to provide enhanced investigative support to law enforcement agencies and drug task forces through data extraction and analysis from cell phones, computers, and other electronic devices and cloud applications.

With the addition of advanced solutions to support the process of collecting and reviewing digital evidence, the agency will become more efficient in distributing the right information to the right people across the investigative workflow, thereby accelerating investigations of narcotic and opioid-related crime.

Marque Teegardin, Cellebrite’s General Manager, Americas, commented: “Partnering with law enforcement agencies to protect and save lives is core to Cellebrite’s mission. We are honored to expand this trusted partnership by providing advanced DI solutions that broaden the customer’s data collection, review, and analytics capabilities that support its efforts to solve narcotic and opioid-related crimes, and ultimately make its community safer.”

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,” “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 prospectus filed with the SEC on October 7, 2021 pursuant to Rule 424(b)(3) under the Securities Act of 1933, as amended 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.  

Media        
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

FAQ

What recent agreement did Cellebrite announce?

Cellebrite announced a multi-year agreement with a state department of public safety in the U.S., valued at over USD $800,000.

How much is the value of Cellebrite's new contract?

The new contract with the state department of public safety is valued at over USD $800,000.

What will the new solutions from Cellebrite support?

The solutions will support law enforcement agencies and drug task forces in enhancing their investigative processes.

How does Cellebrite's agreement impact law enforcement?

The agreement will improve data extraction and analysis capabilities, accelerating investigations of narcotic and opioid-related crimes.

What is Cellebrite's stock symbol?

Cellebrite's stock symbol is CLBT.

What is the purpose of the Digital Intelligence solutions provided by Cellebrite?

The Digital Intelligence solutions aim to assist law enforcement in collecting and analyzing data from electronic devices and cloud applications.