MSAB Secures a Major Contract Worth SEK 25.7 Million with European Defense Organization
MSAB (Micro Systemation AB, publ), a global leader in digital forensics technology, has received an order valued at SEK 25.7 million with a larger defense customer in Europe.
“This key military contract with one of Europe’s larger defense organizations confirms the strength of our forensic offering and the growing interest in our premium extraction tool, XRY Pro, in defense operations. It also validates our strategy to work closer with defense customers, and we expect more military organizations to invest in advanced mobile forensics in the coming years,” said Peter Gille, CEO of MSAB.
“This major win proves that our robust, global solutions deliver the exact support modern military operations demand” says Mårten Blixt, Chief Commercial Officer at MSAB.
Revenue from the agreement is expected to be recognized in the company’s third quarter.
For further information, please contact:
Peter Gille, CEO MSAB, [email protected]
Tony Forsgren, CFO MSAB, [email protected]
About MSAB:
MSAB is a world leader in forensic technology for extracting and analysing data in seized mobile devices. The company develops high-quality and easy-to-use software for law enforcement organizations, such as police, defence, and customs. The products, which have become a de facto standard for securing evidence in criminal investigations, can be supplemented with reporting tools and a large range of training with certifications within a holistic method for forensic science. The company serves customers in more than 100 countries worldwide, through its own sales offices and through distributors. MSAB is listed on Nasdaq Stockholm under the ticker name: MSAB B. www.msab.com