MICT Completes Sale of Enertec Systems Aerospace and Defense Subsidiary

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May 23, 2018
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-- Transaction fortifies MICT's balance sheet by adding over $4.7 million in cash and reducing additional $4 million in Debt

-- Total effective transaction price of $8.7 million

-- MICT continues to implement its strategy to focus on its fast-growing MRM business to become a global dominant MRM player

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