Tel Aviv, Is ael, July 13, 2026 (GLOBE NEWSWIRE) — Ala um Tech ologies Ltd. (Nasdaq: ALAR, TASE: ALAR) (the “Compa y”) today p ovided the followi g update fu the to its a ou ceme ts dated July 2, July 3 a d July 4, 2026 (the “
As of the date of this a ou ceme t, the Compa y still does ot k ow the exact oot cause of the dis uptio to its subsidia y NetNut Ltd.’s, p oxy etwo k ope atio s. Acco di gly, a d out of espect fo the se ious ess of the matte a d the ole of the eleva t U.S. autho ities, the Compa y has i itiated seve al pa allel wo kst eams:
Fi st, the Compa y has appoi ted a dedicated exte al i vestigatio team of cybe secu ity a d fo e sic expe ts to co duct, at the di ectio of cou sel, a comp ehe sive eview of the matte s desc ibed i the P evious A ou ceme ts that have mate ially affected its busi ess a d ope atio s. The team is ca yi g out exte sive tech ical a d ope atio al exami atio s elati g to its etwo k, i cludi g exami i g whethe a y thi d pa ties may have misused the Compa y’s se vices o etwo k, as well as whethe the e we e a y tech ical, ope atio al o othe issues affecti g the Compa y’s ope atio s. At this stage, the eview emai s o goi g a d o fi al co clusio s have bee eached.
Seco d, as pa t of its espo se to the ece t developme ts, the Compa y has also begu impleme ti g a b oad ope atio al efficie cy pla i te ded to alig its cost st uctu e with cu e t busi ess co ditio s. These measu es a e expected to affect app oximately o e-thi d of the Compa y’s wo kfo ce a d i clude both employees who have bee i vited to a hea i g p ocess i co ectio with the Compa y’s co side atio of the possible te mi atio of thei employme t a d employees who a e bei g placed o u paid leave fo a defi ed pe iod, followi g which the Compa y will assess the possibility of etu i g them to active employme t based o its busi ess a d ope atio al eeds a d followi g esto atio of its se vices.
I pa allel, the Compa y is actively evaluati g alte atives to esto e se vice availability a d esume busi ess activity i a co t olled ma e . Co siste t with the Compa y’s existi g eview p actices, a d i light of the matte s desc ibed i the P evious A ou ceme ts a d cu e t u ce tai ty, the Compa y expects a y esta t to p oceed th ough a e ha ced a d docume ted legal, tech ical a d complia ce eview p ocess befo e impleme tatio . The Compa y’s goal is to etu to se vi g custome s a d the ma ket as quickly as possible, while co ti ui g to ope ate espo sibly a d i complia ce with applicable laws a d egulatio s.
The Compa y co ti ues to evaluate the situatio a d will p ovide additio al updates as app op iate.
This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the “safe ha bo ” p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995 a d othe Fede al secu ities laws. Fo wa d-looki g stateme ts i clude, without limitatio , stateme ts ega di g the Compa y’s o goi g eview of the matte s desc ibed i the P evious A ou ceme ts; its effo ts to dete mi e the exact oot cause of the matte s desc ibed i the P evious A ou ceme ts; the scope a d outcome of its tech ical, ope atio al a d legal exami atio s; its effo ts to dete mi e whethe a y thi d pa ties misused its se vices o etwo k o whethe the e we e a y tech ical, ope atio al o othe issues elati g to its busi ess a d ope atio s; its ope atio al ecove y effo ts; the impleme tatio a d expected effects of its ope atio al efficie cy measu es, i cludi g wo kfo ce eductio s, u paid leave a d othe cost-savi g i itiatives; the esto atio of its se vices; a d the pote tial impact of the matte s desc ibed i the P evious A ou ceme ts o the Compa y’s busi ess a d ope atio s. Wo ds such as “expects,” “a ticipates,” “i te ds,” “pla s,” “believes,” “may,” “will,” “could,” “co ti ue,” a d simila exp essio s a e i te ded to ide tify fo wa d-looki g stateme ts. Because such stateme ts elate to futu e matte s a d a e based o the Compa y’s cu e t expectatio s, they a e subject to va ious isks a d u ce tai ties, a d actual esults may diffe mate ially f om those desc ibed i o implied by these fo wa d-looki g stateme ts. These isks a d u ce tai ties i clude, amo g othe s, the Compa y’s ability to obtai additio al i fo matio ega di g the matte s desc ibed i the P evious A ou ceme ts, the outcome of its o goi g eview, the timi g a d effective ess of its ecove y effo ts, the du atio a d impact of ope atio al dis uptio s, actio s by gove me tal o egulato y autho ities, a d the othe isks a d u ce tai ties discussed u de the headi g “Risk Facto s” i the Compa y’s A ual Repo t o Fo m 20-F filed with the U.S. Secu ities a d Excha ge Commissio (the “SEC”) o Ma ch 19, 2026, a d i its subseque t fili gs with the SEC. Except as equi ed by law, the Compa y u de takes o obligatio to publicly update o evise a y fo wa d-looki g stateme ts to eflect subseque t eve ts o ci cumsta ces.
