Micro Systemation transfers from NGM Equity to the Nasdaq OMX Stockholm exchange. The company receives additional large orders, both from the French Ministry of Interior and from one of the company’s larger governmental customers in USA. In June, the company receives a strategically important order from the FBI of 60 units of Office Logical systems. The Annual General Meeting decides to distribute 14.2 million to the shareholders.
MSAB receives the largest order ever in the company history from the American Government. Shortly thereafter, it receives a further order from the same client for double the volume of units and North America becomes the single largest market for MSAB. Meanwhile in the UK over 97% of all Police Forces have acquired an XRY system.
The company is establishes a subsidiary business in the U.S. with offices in Washington, DC. A further subsidiary is established in the UK which has become the company’s largest market. A three-year framework agreement with the French Interior Ministry is secured and generates one of the company’s largest ever orders.
XRY becomes the de facto standard in mobile forensics and a second breakthrough product is launched called XACT. This provides physical support for mobile phones and can recover deleted information. The company is recognized as a ‘Gazelle’ of current industry and listed on the Technology Fast 500 in which only those companies that show consistent profitability and strong growth for at least five years are listed.
The company achieves a growth rate of 93%. A new launch plan is introduced for XRY, which involves five product updates per year. XRY now supports over 500 different phone models.
XRY is featured in Fortune magazine entitled "How to get the most out of a mobile phone". Version 3.0 of XRY launches making it possible to create reports in local languages.
Orders received for XRY from Germany and Austria. MSAB launches the first training courses in forensic analysis with a focus on preservation of evidence in cell phones.
A new issue of shares is used to finance a global launch of the new XRY product and becomes the very first dedicated product in the field of mobile device forensics. First sales are made in the UK.
SoftGSM and the subsequent product Softnet are brought together under the name Mobile Communication Suite. The very first version of SoftGSM-XRY is sold.
Joel Bollö takes over the CEO role from Henrik Tjernberg and talks begin with the Swedish police regarding their needs for forensic tools to read the contents of mobile phones.
The launch of the Softnet tool which connects laptops to the Internet automatically via cable, wireless or mobile phone communications.
The first proprietary product SoftGSM - a software-based GSM modem communications tool is launched. In the same year the company goes public with a first share issue. The following year, MSAB is formerly quoted on the Swedish stock exchange.
Micro Systemation was started by Bo Eriksson as a technology consulting company focusing on advanced data communications. The current chairman Henrik Tjernberg was hired the following year.