18 November 2024
Microlise Group plc
("Microlise", the "Company" or the "Group")
Update on Cyber Security Incident
Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, reports a final update on the cyber security incident announced on 31 October 2024.
The Company can now confirm that the vast majority of customer systems are back online, with some remaining customers conducting their own security verifications before enabling users. The Company would like to reiterate no customer systems data was compromised.
The Company is continuing to assess the impact of the incident. However, the Board still does not anticipate any material adverse impact to its trading forecasts and financial position for FY24.
The Company has notified international authorities regarding the exfiltration of corporate data from its HQ and continues to work with law enforcement regarding the incident.
Once again, Microlise would like to thank customers for their patience and understanding over this challenging period.
For further information, please contact:
| Microlise Group plc Nadeem Raza, CEO Nick Wightman, CFO
| C/O SEC Newgate |
| Singer Capital Markets (Nominated Adviser & Broker) Steve Pearce / James Moat / Sam Butcher
| Tel: 020 7496 3000 |
| SEC Newgate (Financial PR) Bob Huxford / Molly Gretton / Harry Handyside
| Tel: 020 3757 6880 Email: microlise@secnewgate.co.uk |
About Microlise
Microlise Group Plc is a leading provider of transport management software to fleet operators helping them to improve efficiency, safety, and reduce emissions. These improvements are delivered through reduced fuel use, reduced mileage travelled, improved driver performance, fewer accidents, elimination of paperwork and delivery of an enhanced customer experience.
Established in 1982, Microlise is an award-winning business with over 400 enterprise clients. With 463 employees based at the Group's headquarters in Nottingham in the UK, the Company also has offices in France, Australia, and India, with a total global staff base of over 750.
Microlise is listed on the AIM market of the London Stock Exchange (AIM: SAAS) and qualifies for the London Stock Exchange's Green Economy Mark.
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