MSAB receives significant order from European cust

Stockholm, 2017-09-25 08:00 CEST (GLOBE NEWSWIRE) --  

As a result of MSAB's market presence and continued development of state of the art mobile forensic solutions, the company has received orders that will generate revenue of approximately 19 MSEK in the third quarter. The orders mainly consist of the MSAB's Kiosk, a user-friendly solution designed to quickly and easily extract information from mobile phones without requiring special expertise. Orders also includee the XEC Director, a product that enables central administration and control of mobile forensic surveys nationally. The contract runs for three years. The customer is an authority in Europe which, due to confidentiality, can not be specified.

"We see a wider use of mobile forensic data by authorities to streamline and prioritize their resources where they make the most of their use. Skills and solutions that can handle the information that can be retrieved from mobiles are also becoming increasingly important in supporting collaboration and decision-making across government boundaries. Our investments in Europe have again proved to be an important part of our growth, "says CEO Joel Bollö.

Media Contacts: Joel Bollö, CEO MSAB +46 (0)70 930 07 20 joel.bollo@msab.com

This information is information that Micro Systemation AB is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact person set out below, at 08:00 CEST on September 25, 2017.

MSAB in brief

MSAB is a world leader in mobile forensics technology with the aim of extracting and analysing data from confiscated mobile devices, mainly mobile phones. The company has its own sales offices and sales representatives in Europe, North America, South America, China, Australia, Singapore and Russia, and together with a number of distributors covers most of the world. The company's proprietary products have become a de facto standard in the field and are used for securing evidence in over 100 countries. The products are complemented by a wide range of training courses, with the opportunity to become certified in a forensically sound method of extracting data from mobile devices. Customers are primarily authorities involved in performing criminal investigations, and include police, military and customs. MSAB is listed on NASDAQ Stockholm under the ticker symbol: MSAB B.