HAIFA, Israel, Feb. 21, 2018 -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the Company") announces that it will be showcasing for the first time at the Mobile World Congress, taking place in Barcelona from February 26 until March 1, 2018. Visitors to the Company's booth (Hall 2 #2E50) will be able to view a demonstration of WideBridge™, an innovative, proven and secure, immediate communication solution for small and medium businesses.
WideBridge is comprised of proprietary technology that enables Mobile Network Operators (MNOs) to provide organizations with an immediate secure communication service over LTE/3G/WiFi networks. WideBridge enables MNOs to offer Push to Talk over Cellular (PoC) communication, enhanced with Voice, Video and Map activated services. Integrated into the business' operational processes and organizational information technology systems, WideBridge facilitates group collaboration among people and devices. WideBridge enables immediate cross organizational communication at the push of a button, replacing legacy PTT systems and providing customers with a secure and cost effective solution, fully compatible with Android and iOS systems.
Tested by first responders in homeland security and crisis management events, WideBridge is a field proven system that draws on Elbit Systems' decades of experience in communication systems. Pelephone, a leading Israeli MNO, has recently integrated Elbit Systems' WideBridge into its core network and initiated a large scale user trial of an advanced PoC based organizational communication service package that includes group video calls, conversation recording, web-camera connectivity and the presentation of user location on a digital map.
Israel Eiby, VP Business Customers of Pelephone, commented: "Pelephone has identified the need for immediate yet smart organizational communications. Spearheading the IoT revolution in Israel, Pelephone selected Elbit Systems' innovative solution that enables seamless, efficient and cost effective integration between various communications platforms and the organization core systems. The combination of our leading market position and Elbit Systems' technology leadership enables us to introduce an advanced PoC service that provides our customers with a comprehensive solution from application, through management interface to handsets."
Haim Teichholtz, VP Engineering of Elbit Systems Land and C4I Division, said: "Technological innovation is a core competence of Elbit Systems. We are proud to demonstrate the Widebridge system, leveraging our technological leadership in defense communications to provide innovative solutions for business organizations."
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
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This press release contains forward‑looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. Forward‑looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward‑looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward‑looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.
Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.
David Vaaknin David
VP, Head of Corporate Communications
Manager Corporate Communications & Digital
SOURCE Elbit Systems Ltd