6
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 an update on the cyber security incident
announced on 31 October 2024.
The Company is pleased to say that
it is making substantial progress in containing and clearing the
threat from its network. The Company has been bringing services
back online and currently expects this to continue over the coming
days with the services essentially back to normal by the end of
next week.
Investigations into the incident are
continuing,
however, the Company is confident that no customer systems data has
been compromised. The investigations to date have identified that
some limited employee data has been impacted by the incident. Those
individuals that may have been impacted will be notified in line
with the Company's regulatory obligations and the relevant authorities are
being made aware including the Information Commissioner's Office in
the UK.
As matters currently stand, the
Company remains of the view that this incident will not have a
material adverse impact on its forecasts or financial
position.
The Company will inform the market
if there are any notifiable changes to the
situation.
Once again, Microlise would like to
thank customers for their patience and understanding while it
continues to work to resolve this issue as quickly as
possible.
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.