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

PETAH TIKVA, Israel and TYSONS CORNER, Va., July 13 (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. 

Source: Cellebrite DI Ltd

ALPINE INVESTORS FINALIZES OVERSUBSCRIBED NINTH FUND AT HARD CAP OF $4.5 BILLION IN CAPITAL COMMITMENTS

New fund for Alpine doubles the size of predecessor fund in 2021


SAN FRANCISCO, July 13 (Bernama-BUSINESS WIRE) -- Alpine Investors (“Alpine”), a Certified B Corp people-driven private equity firm committed to building enduring software and services companies, announced today the completion of fundraising for Alpine Investors IX (“Fund IX”), reaching the fund’s hard cap of $4.5 billion in limited partner capital commitments.

Fundraising for Fund IX launched with a target of $3.75 billion and was oversubscribed. Fund IX is double the size of Alpine’s previous fund, Alpine Investors VIII, which was similarly oversubscribed and closed at its hard cap of $2.25 billion of limited partner commitments in August 2021.

Fund IX received limited partner commitments from a diversified investor base of returning and new investors from the U.S., Europe, Asia, and the Middle East. Alpine plans to invest the capital for Fund IX in control buyouts of software and services businesses with total enterprise values of up to $1 billion and focus on add-on acquisitions for high-performing platform investments.

“We are thrilled with this outcome, particularly in a very challenging fundraising environment,” said Graham Weaver, Founder and CEO of Alpine Investors. “We started Alpine 22 years ago with the thesis that the secret to building companies was hiring and training world-class leaders. It is incredibly satisfying to think that treating people well and giving them opportunities to be their best selves at work has been the formula for our investing success. We’re extremely grateful to have a wonderful group of like-minded investors and partners who have supported us along the way, and we are excited to continue this amazing journey together with them.”

Alpine has been active in recent years across its software and services specialties through buyouts as well as the launch of several prominent platforms. Notable investments from the last year include:

• The successful expansion of ASG, Alpine’s software business that buys vertical SaaS companies and builds them into market leaders, with more than 50 acquisitions since inception;
• The announcement of AlpineX’s professional education vertical, Axcel Learning, and its water services vertical, Axia Water;
• The formation of predictis, a data-enabled software platform launched in conjunction with the acquisition of AirDNA;
• The establishment of the Trilon Group, an engineering services platform, with 15 acquisitions including Alta Planning + Design, Inc., a globally-renowned active mobility and sustainability consulting firm;
• The acquisition of FEV Tutor, a K-12 market leading research and evidence-based online tutoring platform;
• The acquisition of Medusind, a leading provider of revenue cycle management services to the healthcare industry; and
• The formation of Ascend, a platform that partners with entrepreneurial CPAs, through its acquisition of Opsahl Dawson.

“We are grateful for the continued partnership from so many long-standing investors in Alpine, and we are excited by the significant presence of new partners across the globe that chose to participate in Fund IX,” said April Smith, Head of Investor Relations and Fundraising, Alpine Investors. “The makeup of Fund IX is the most global of any of our funds to date, demonstrating our expanding reach, and the robust market interest we generated underscores the increasing awareness of our value proposition for investors.”

Founded in 2001, Alpine Investors has over $15 billion in assets under management with more than 20,000 employees within its portfolio companies.¹ The firm is known for its PeopleFirst operating philosophy and its executive talent programs, which recruit and develop MBA graduates into CEOs and other executive-level roles. Originating with its CEO-in-Training and CEO-in-Residence programs, Alpine employs over 110 CEOs and executive-level roles within its portfolio companies through these talent programs.

Evercore Inc. served as placement agent for the fund and Kirkland & Ellis served as legal counsel to Alpine.

About Alpine Investors

Alpine Investors is a people-driven private equity firm committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in the software and services industries. Alpine’s PeopleFirst strategy includes a talent program that allows Alpine to bring leadership to situations where additional or new management is needed post-transaction. Alpine has over $15 billion in assets under management as of March 31, 2023 and has three offices in San Francisco, New York, and Salt Lake City.¹ For more information, visit www.alpineinvestors.com and https://alpineinvestors.com/terms-conditions/ for full disclaimers including, but not limited to, third-party reviews and Alpine Operations Group.

¹ Pro forma for additional Fund IX commitments raised as of June 30, 2023 and fair market value as of March 31, 2023.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230712330497/en/

Contact

Media
Audrey Harris
Head of Marketing
aharris@alpineinvestors.com

Sarah Braunstein
sbraunstein@sloanepr.com

Source : Alpine Investors

CIP Reaches First Close On 5th Flagship Fund At EUR 5.6 Bln

KUALA LUMPUR, July 10 (Bernama) -- Copenhagen Infrastructure Partners (CIP) has reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received. (EUR 1 = RM5.10)

According to a statement, a large group of leading institutional investors across continental Europe, the Nordics, the United Kingdom, North America, and the Asia Pacific region have participated in the first close of CI V.

Backed by the strong appetite of additional investors already in process, the fund is on track to reach its target fund size of EUR 12 billion and is set to become the largest fund globally dedicated to greenfield renewable energy infrastructure investments.

“Reaching nearly EUR 6 billion at first close is a testament to the importance of the fund, and the confidence placed in our industrial approach to energy infrastructure investments.

“With its greenfield focus and large and diversified portfolio, CI V has the potential to significantly contribute to, and accelerate the energy transition on a global scale, while generating strong returns for our investors,” said CIP Managing Partner, Jakob Baruël Poulsen.

The investment strategy is a continuation of the predecessor flagship funds CI I, CI II, CI III, and CI IV, applying the same well-tested industrial value-creation approach, whereby projects are entered early and significantly de-risked and optimised, prior to the start of construction to capture the attractive greenfield premium.

Focuses on greenfield investments within large-scale renewable energy infrastructure, the fund has a global reach and intends to diversify investments across technologies such as contracted offshore wind, energy storage, onshore wind and solar in low-risk Organisation for Economic Co-operation and Development (OECD) countries in North America, Western Europe and Asia Pacific.

CI V is off to a strong start with the largest project pipeline of any CIP fund to date. At first close, the fund has ownership of more than 40 renewable energy infrastructure projects with a total potential CI V commitment of approximately EUR 20 billion, corresponding to more than 150 per cent of the target fund size.

-- BERNAMA

AMBIQ PROPELS REMOTE HEALTHCARE MONITORING SECTOR GROWTH WITH NEW ULTRA-LOW POWER PROCESSORS

The Apollo4 Lite and Apollo4 Blue Lite System-on-Chips (SoCs) Help Enhance Devices' Functionalities and Battery Life to Accelerate the Adoption of Remote Monitoring



News Highlights:

• The new Apollo4 Lite and Blue Lite SoCs offer feature-rich capability, optimized memory, powerful graphics performance, and secureSPOT^® for robust security in a lightweight solution
• Ideal for digital health applications, such as digital stethoscopes, patient monitoring, and continuous glucose and blood pressure monitoring
• The Apollo4 Blue Lite offers secure Bluetooth^® Low Energy connectivity for communication to handheld devices, host equipment, and the Cloud

AUSTIN, Texas, July 11 (Bernama-GLOBE NEWSWIRE) -- Ambiq^®, a technology leader in ultra-low power semiconductor products and solutions, introduces the Apollo4 Lite and Apollo4 Blue Lite SoC to its expanding portfolio of SoCs for IoT endpoint devices, especially the remote monitoring products of the healthcare sector. This announcement follows Ambiq’s release of its Heart Kit™, an optimized open-source AI model utilizing multi-head neural networks (MH-NNs) to enable a variety of real-time heart-monitoring applications.

The Apollo4 Lite and Blue Lite product line is the latest generation system processor solutions built upon Ambiq’s proprietary Subthreshold Power-Optimized Technology (SPOT^®) platform, enabling new features while reducing devices’ overall system power consumption to extend their battery life. Both SoCs are embedded with an ultra-low power Cortex-M4 core that can operate at up to 192 MHz with turboSPOT, an audio subsystem, GPU, and ample MRAM and SRAM. They are also conveniently pin-compatible with Ambiq’s Apollo4 Plus and Blue Plus¹, providing developers with optimum flexibility for innovation.

“Today’s patients are more empowered to monitor and advocate for their own health, and healthcare providers require more data analytics to prescribe holistic treatment,” said David Priscak, VP of Technical Solutions at Ambiq. “With bold graphics and long battery life, state-of-the-art health tracking is now more affordable and accessible thanks to these new additions to our Apollo4 SoC family.”

“The global remote patient market in terms of revenue was estimated to be worth $53.6 billion in 2022 and is poised to reach $175.2 billion by 2027, growing at a CAGR of 26.7% from 2022 to 2027,” said Ms. Anu Dhiman – Lead Healthcare Analyst – MarketsandMarkets Research Pvt. Ltd. “The predominant factors influencing the growth of the market include the benefits of remote patient monitoring to reduce the burden on medical resources, the monitoring benefits of telehealth and remote patient monitoring services, advancements in telecommunications, as increasing geriatric population, and the growing need to expand healthcare access.”

The Apollo4 Lite and the Apollo4 Blue Lite are designed for extended battery life, advanced security, and powerful graphics in small form factors, which are critical for the continued adoption of these devices. Both are now in mass production, targeting digital health products, smartwatches, fitness bands, animal trackers, voice-activated remotes, industrial maintenance, and smart home IoT devices. For more product information, visit www.ambiq.com/apollo4-lite and www.ambiq.com/apollo4-blue-lite.

¹ – Apollo4 Lite is pin-compatible with Apollo4 Plus (AMAP42KP-KBR); Apollo4 Blue Lite is pin-compatible with Apollo4 Blue Plus (AMA4B2KP-KXR.)

About Ambiq

Ambiq’s mission is to develop the lowest-power semiconductor solutions to enable intelligent devices everywhere by developing the lowest-power semiconductor solutions to drive a more energy-efficient, sustainable, and data-driven world. Ambiq has helped leading manufacturers worldwide develop products that last weeks on a single charge (rather than days) while delivering a maximum feature set in compact industrial designs. Ambiq’s goal is to take Artificial Intelligence (AI) where it has never gone before in mobile and portable devices, using Ambiq’s advanced ultra-low power system on chip (SoC) solutions. Ambiq has shipped more than 200 million units as of March 2023. For more information, visit www.ambiq.com.

Contact

Charlene Wan
VP of Branding, Marketing, and Investor Relations
cwan@ambiq.com
+1.512.879.2850

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/620a2f10-acfe-4d54-b9c3-0983c58c06f6

https://www.globenewswire.com/NewsRoom/AttachmentNg/fd179ebf-2f60-4195-8fca-b88c7b7a852c 


SOURCE : Ambiq Micro

QUANTEXA TO INVEST ADDITIONAL £125 MLN IN GLOBAL AI INDUSTRY

KUALA LUMPUR, July 10 (Bernama) -- Quantexa announced it will invest an additional £125 million in the global artificial intelligence (AI) industry over the next three years to help clients advance the use of AI to protect, optimise and grow their organisations. (£1=RM5.97)

Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors said in a statement that its total global investment in AI will reach more than £200 million, by 2027.

“While many companies are talking about AI and machine learning, we have been investing in it since our inception. We are investing our time, money, and resources into the biggest technological breakthrough for generations as it will transform how organisations make decisions.

“We are proud to invest in London-based innovation but the impact will be felt by the global economy and will start a ripple effect that will unlock decision intelligence capabilities for our clients and their respective industries,” said its Chief Executive Officer and Founder, Vishal Marria.

The investment marks the company’s continued advancements in AI with the preview of its Generative AI technology, Q Assist.

Quantexa also furthered its commitment to advancing the company’s existing AI Stack to enable its growing global ecosystem of clients and partners to unlock new industry-specific use cases for financial services, insurance, telecommunications, healthcare and in the public sector.

Built on Quantexa’s Decision Intelligence Platform, the technology preview of Q Assist demonstrates the potential of using large language model (LLM)’s to create an intuitive and conversational interface bringing new efficiencies for analysts working with data to identify risks as part of investigations.

Enterprises and government agencies are using Quantexa’s DI to become more effective and efficient at organising siloed, messy data to obtain 360-degree views of customers and suppliers to identify fraud, qualify eligibility for services, stop dangerous goods at borders, or optimise supply chains.

Founded in 2016, Quantexa currently has more than 650 employees and thousands of users working with billions of transactions and data points across the world.

-- BERNAMA

UniPin Ladies Championship For Malaysia, Singapore Qualifier Stage Runs Until July 8

KUALA LUMPUR, July 6 (Bernama) -- UniPin, the digital entertainment enabler in Southeast Asia (SEA) is hosting another ladies’ tournament for the third time in Malaysia and Singapore, after the first one in 2021.

With the support from Domino’s Pizza Malaysia, the UniPin Ladies Championship for Malaysia and Singapore’s qualifier stage takes place from July 4 to 8.

According to UniPin in a statement, the two best teams from this qualifier round will become the country’s representatives for the playoff stage of UniPin Ladies SEA Championship later this October.

UniPin Community Senior Vice President, Debora Imanuella said the UniPin Ladies Series will pave the way for many women e-sports teams to show up and compete in the Malaysia and Singapore’s esports scene.

As a part of the tournament series, Domino’s Pizza is eager to play an active role in addressing the gamers’ needs as pizzas are a gamers’ best friend.

Group Chief Marketing Officer, Domino's Pizza Malaysia, Singapore & Cambodia, Linda Hassan said: “In line with our brand promise of It’s All About You, Domino’s strives to enhance customers’ experience across multiple touch points.

“This partnership with UniPin provides a platform to develop an ecosystem in nurturing players and cater to the needs of women empowerment and support in the esports community,” she added.

UniPin has been facilitating gamers in the SEA region for easier top-up access and hosting several successful female-only tournaments in various Southeast Asian countries.

The company has been focusing on doing mobile games tournaments in the SEA region, with no exception to female-only tournaments.

-- BERNAMA

GTJAI INCORPORATES ESG INTO NEWEST CREDIT RISK POLICY

KUALA LUMPUR, July 6 (Bernama) -- Guotai Junan International Holdings Limited (GTJAI) has incorporated environmental, social and governance (ESG) risk factors into its Newest Credit Risk Policy to control and manage the ESG risks at the business operation level more efficiently.

The GTJAI’s Newest Credit Risk Policy covers all its subsidiaries and affiliates in all types of businesses including, but not limited to, lending, underwriting of debt securities, derivatives trading, and other financing activities.

According to GTJAI in a statement, the policy reflects ESG criteria formally in the client onboarding, due diligence and credit risk management process with reference to global ESG frameworks.

As specifically required in the policy, all business teams are responsible for the Know-Your-Client (KYC) process by reviewing clients’ financial reports, ESG report, performing background check on shareholders, reviewing internal policies and controls.

In addition, all business teams are required to conduct enhanced due diligence on higher ESG risk customers, as well as include ESG rating downgrade in assessing potential clients’ profiles and documentation.

GTJAI is the market leader and first mover for internationalisation of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering.

Based in Hong Kong, GTJAI provides comprehensive, diversified and high-quality integrated financial services.

-- BERNAMA