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MER Group awarded project to deploy mobile surveillance units for security and collaboration forces in Europe, valued at approximately 17 million NIS

As part of this project, MER Group will supply 16 advanced mobile surveillance units.
Nir Lempert, CEO MER Group: “We believe we can increase the sales of the units and upgrade existing ones”

Holon, April 24 8, 2017: MER Group (TASE: CMER), provider of telecom, security, intelligence, and cyber solutions, has announced that it was awarded a project to deploy mobile surveillance units and ceasefire oversight for security and collaboration forces, in Eastern Europe. The project is valued at approximately 17.3 million NIS (4.7 million dollars).

MER Group will supply mobile surveillance units linked via satellite communication to the regional control center. The units, which will conduct intelligence-coordinated patrols according operational requirement (i.e. day and night identification of security-related activity in different geographic areas). The surveillance unit will be supplied beginning July 2017 and will be operational immediately. The vehicles have independent energy supplies that enable them to operate continuously 24 hours per day, 7 days per week.

This project requires an export license from the Defense Exports Controls Agency (DECA) at the Ministry of Defense.

Nir Lempert, MER Group’s CEO “We are pleased to have won this unique and important project, which proves the ability of the MER Group to incorporate its many years of experience in different areas in order to provide complex and comprehensive defense and security solutions that are tailored to the customer’s needs. We won this project thanks to our previous success in designing projects and seamlessly integrating them into multiple technological systems, and due to our experience in designing and equipping mobile platforms and integrating them with a single control system. We believe we can increase the sales of the units and upgrade existing ones”

About MER Group

MER Group (TASE: C.MER) is a global Israeli Company that focuses its operations in five core fields: communications infrastructure and optical fiber; HLS (Homeland Security including safe cities, strategic installations, smart cities, campuses and smart buildings); cyber intelligence services; intelligence and investigative systems based on BIG DATA technology; and tactical communications solutions for emergency and lifesaving forces (first responders) and armies (see land and air).

The Company, through its subsidiaries offers end to end holistic solutions that include consulting, development, manufacture, integration, implementation and training adapted to the customer’s needs. The Group’s customers include governmental, municipal and security agencies, banks, communications operators and more. The Company has a number of software and electronics R&D centers as well as manufacturing plants in Israel and around the world.

MER Group employs about 1,200 employees, number tens of subsidiaries and is active primarily in Latin America, the USA, Africa and Israel. MER is managed by Nir Lampert and is controlled by Haim MER, the FIMI fund and Yitzchak ben Basat. It has been traded on the TA exchange since 1992. MER’s headquarters are located in Holon.

mer-group.com

Media Contact

Dafna Ratzon

Marcom Manager

dafna_r@mer.co.il