Lidköping, Sweden — June 12, 2023 — Handheld Group reported that MilDef now accelerates US ambitions by consolidating MilDef Inc and recently acquired Handheld's US operations, under one strong and focused unit. By doing so, MilDef's total US footprint is doubled, and the product offering is substantially widened for increased reach into the military, government as well as the critical infrastructure domains. Jim Rimay, today CEO of Handheld US Inc, will take on the leadership of all MilDef's activities in the US, starting in July 2023.

Jim Rimay has been the CEO of Handheld's subsidiary in the US since 2015 and has a solid background in the defense-related IT industry, including as President of Getac in the US. The consolidated approach means that MilDef increases its business focus, doubles its footprint in the US market and that the synergies from the Handheld acquisition are being harvested in the group.

"With this leap forward MilDef expands its offer and at the same time strengthens its presence in the world's largest defense and security market. We focus on business and operational synergies and already MilDef's overall business in the US has a turnover of almost USD 20 million with an expected rapid growth in the coming years. We are happy to materialize this synergy after the Handheld acquisition and push forward on a truly promising market for MilDef," says Daniel Ljunggren CEO MilDef Group.

No changes will be made when it comes to offices or operational locations. Rather, MilDef anticipates opening more offices and employing more people in the US as business continues to grow.

About MilDef
MilDef was founded in 1997 in Helsingborg, Sweden. The company delivers tactical IT, including rugged hardware, software, and services. MilDef's products are sold to more than 160 customers through MilDef's subsidiaries in Sweden, Norway, Denmark, Finland, United Kingdom, the Netherlands, Germany, Switzerland, Italy, the United States and Australia, and through partner networks in more than 30 countries, predominantly within the EU. MilDef Group is listed on Nasdaq Stockholm.

About Handheld
Handheld Group is a manufacturer and global supplier of rugged mobile computers, including handhelds and tablets. Handheld and its partners worldwide deliver complete mobility solutions to businesses in industries such as geomatics, logistics, forestry, public transportation, utilities, construction, maintenance, mining, military and security. Handheld Group, part of MilDef, is headquartered in Sweden with subsidiaries in the U.K., Germany, Switzerland, Australia and the USA.

MEDIA CONTACTS

Sofia Löfblad
Marketing Director, Handheld Group AB, Sweden
Phone: +46 510 54 71 70
Email: s.lofblad@handheldgroup.com

Amy Urban
Director of Marketing, Handheld US
541-752-0319 Email: a.urban@handheld-us.com

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