Elbit Systems Subsidiary, Cyberbit, and Ni Cybersecurity, Launch Cybersecurity Training and Simulation Center in Japan

HAIFA, Israel, February 6, 2017 /PRNewswire/ --

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that its subsidiary Cyberbit Ltd. ("Cyberbit"), was awarded a contract from Ni Cybersecurity Inc. ("Ni Cybersecurity"), the Japanese cybersecurity service provider,  to launch a unique cybersecurity training and simulation center in Tokyo powered by the Cyberbit Range platform.

Ni Cybersecurity will set up a training facility in Toranomon, Tokyo that will address these challenges by accelerating the certification of new cybersecurity experts and helping organizations improve the skills of their existing staff, focusing on government and finance organizations. The contract, in an amount that is not material to Elbit Systems, will be performed during 2017.

The new training facility will be powered by the Cyberbit Range, a highly advanced and widely deployed cybersecurity training and simulation platform. It enables trainees to practice in real-life settings by accurately replicating their network setup, using their actual security tools and simulating their typical network traffic so trainees can receive the most effective and realistic training available. The Range provides a rich and up-to-date selection of simulated attack scenarios, including ransomware. It is the underlying platform for multiple training centers in North America, Asia and Europe.

Adi Dar, Cyberbit's General Manager said: "When there is a need to certify tens of thousands of new cybersecurity experts while improving the skills of existing ones, all within a very short timeframe, enrollment in simulated training programs is the best choice for finance, government and other organizations in Japan. I am confident that the initiative, led by Ni Cybersecurity, powered by our Range platform, will contribute to Japan's cyber readiness for the 2020 Olympic Games, and for years to follow".

Takeshi Mitsuishi, President and CEO of Ni Cybersecurity, said: "We selected the global leading cyber range platform, and we're taking it to the Japanese market by opening our new training center in Tokyo, launching in Toranomon. Based on the global success of the Cyberbit Range, our customers can expect exceptional quality training, faster certification, and overall more qualified and skilled cyber security personnel."

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.

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    Contacts:
    Company Contact:                               IR Contact:
    Joseph Gaspar, Executive VP & CFO              Ehud Helft
    Tel: +972-4-8316663                            Gavriel Frohwein                    
    [email protected]                      GK Investor Relations
                                                   Tel: +1-646-688-3559
    Dalia Rosen, VP, Head of Corporate             [email protected]
    Communications                           
    Tel: +972-4-8316784                    
    [email protected]              
    Elbit Systems Ltd.                          

SOURCE Cyberbit