Xage Security Recognized in the Gartner® Market Guide for Cyber-Physical Systems Protection Platforms

PALO ALTO, Calif., July 12, 2023 (GLOBE NEWSWIRE) — Xage Security, the leader in zero trust cybersecurity solutions for the real world, today announced that it has been recognized as a Representative Vendor in the 2023 Gartner Market Guide for Cyber–Physical Systems Protection Platforms. This is the inaugural Gartner Market Guide to focus on Cyber–Physical Systems (CPS) Protection Platforms, which are emerging as a leading cybersecurity market segment for protecting operations and mission–critical environments.

Gartner defines the Cyber–Physical Systems (CPS) Protection Platforms Market as "products and services that use knowledge of industrial protocols, operational/production network packets or traffic metadata, and physical process asset behavior to discover, categorize, map and protect CPS in production or mission–critical environments outside of enterprise IT environments." This report indicates a shift in the OT security market, which is moving beyond the use of segregated network architectures as the principal form of OT cybersecurity and into asset–centric approaches that protect at the level of individual users, applications and systems.

"With the changing threat landscape, an asset–centric approach to securing operations is an essential step to effectively protect against today's advanced cyberattacks," said Duncan Greatwood, CEO of Xage Security. "We believe this recognition of the market signals a new stage in critical infrastructure protection as more and more organizations are adopting CPS asset–centric security to prevent, contain and respond to cyber attacks."

Operational Security Evolving to an Asset–Centric Security Model

Gartner states that "As the complexity and variety of old and new assets have become a reality for most organizations, so has the recognition that a new approach to security is needed."

Xage is pioneering a new approach to infrastructure cybersecurity providing operators with capabilities from asset discovery to identity–based cyber hardening in a converged solution that protects access to assets, data, and applications even if attackers gain access to the operational network.

Last year, Xage was also recognized as a Representative Vendor among CPS Protection Platforms in the Gartner 2022 Innovation Insight for Cyber–Physical Systems Protection Platforms report and also named in the Gartner 2022 Market Guide for Operational Technology Security report.

Xage helps operators protect their systems using an identity–based asset–centric zero trust architecture. Xage's capabilities include identity–based access management and privilege enforcement, zero trust remote access, multi–layer multi–factor authentication (MFA), and zero trust data exchange that protects access to sensitive operational data.

To read the full 2023 Gartner Market Guide for Cyber–Physical Systems Protection, click here.

* Gartner Market Guide for Cyber–Physical Systems Protection Platforms, Katell Thielemann and Wam Voster, 29th June 2023.

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Xage Security
Xage is the first and only zero trust real–world security company. Xage's solutions and services accelerate and simplify the way enterprises secure, manage and transform digital operations across OT, IT, and cloud. Xage products include Identity–based access management, remote access, and zero trust data exchange, all powered by the Xage Fabric. Xage also offers Cybersecurity Services, which deliver expert design, implementation, and support services to accelerate the adoption of proactive cyber–defense and underpin secure digital transformation.

Xage PR Contact
xage–security@inkhouse.com


GLOBENEWSWIRE (Distribution ID 8872801)

Cellebrite to Report Second-Quarter 2023 Financial Results on August 8, 2023

PETAH TIKVA, Israel and TYSONS CORNER, Va., July 12, 2023 (GLOBE NEWSWIRE) — Cellebrite (NASDAQ: CLBT), a global leader in Digital Intelligence ("DI") solutions for the public and private sectors, today announced it will report its second–quarter 2023 financial results before market open on Tuesday, August 8, 2023.

Later that same morning, Cellebrite will host a live conference call and webcast to review the Company's financial results for the first quarter of 2023 and discuss its full–year 2023 outlook. Pertinent details include:

Date: Tuesday, August 8, 2023
Time: 8:30 a.m. ET
Call–In Number: 203–518–9848
Conference ID: CLBTQ223
Event URL: https://investors.cellebrite.com/events/event–details/cellebrite–q2–23–earnings
Live Webcast URL: https://edge.media–server.com/mmc/p/f896bks4

In conjunction with the conference call and webcast, historical financial tables and supplemental data will be available on the quarterly results section of Company's investor relations website at https://investors.cellebrite.com/financial–information/quarterly–results. A transcript of the call will be added to this page along with access to the replay of the call.

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 and https://investors.cellebrite.com.

Media
Victor Cooper
Sr. Director of Corporate Communications + Content Operations
Victor.cooper@cellebrite.com
+1 404.804.5910

Investor Relations
Andrew Kramer
Vice President, Investor Relations
investors@cellebrite.com
+1 973.206.7760

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. Such forward looking statements with respect to revenues, earnings, 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 acceptance 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; uncertainties regarding the impact of macroeconomic and/or global conditions, including COVID–19 and military actions involving Russia and Ukraine; intense competition in all of Cellebrite's markets; the inadvertent or deliberate misuse of Cellebrite's solutions; political and reputational factors related to Cellebrite's business or operations; risks relating to estimates of market opportunity and forecasts of market growth; Cellebrite's ability to properly manage its growth; risks associated with Cellebrite's credit facilities and liquidity; Cellebrite's reliance on third–party suppliers for certain components, products, or services; challenges associated with large transactions and long sales cycle; risks that Cellebrite's customers may fail to honor contractual or payment obligations; risks associated with a significant amount of Cellebrite's business coming from government customers around the world; risks related to Cellebrite's intellectual property; security vulnerabilities or defects, including cyber–attacks, information technology system breaches, failures or disruptions; the mishandling or perceived mishandling of sensitive or confidential information; the complex and changing regulatory environments relating to Cellebrite's operations and solutions; the regulatory constraints to which we are 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 March 29, 2022,as amended on April 14, 2022 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.


GLOBENEWSWIRE (Distribution ID 8873303)

Can Carbon Trading Stop Global Heating?

By Sarah Razak and Jomo Kwame Sundaram
KUALA LUMPUR, Malaysia, Jul 12 2023 - As our planet continues to heat up at an alarming rate, carbon credits, markets and trading have been promoted as effective measures to combat global warming. [...] Read more »