Ability Announces Receipt of Warrants Delisting Notice

NEW YORK and TEL AVIV, Israel, March 24, 2016

The Company's ordinary shares satisfied the requirements for initial listing on the NASDAQ Capital Market and will continue to be listed on the NASDAQ Capital Market.

Unless the Company requests an appeal of this determination, the Company's warrants will be scheduled for delisting from the NASDAQ Capital Market and will be suspended at the opening of business on March 30, 2016 and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's warrants from listing and registration on the NASDAQ Stock Market.

If the Company does not appeal NASDAQ's determination to the Hearings Panel, the Company's warrants may be eligible to continue to be quoted on the OTC Bulletin Board or in the "Pink Sheets."

About Ability, Inc.

Ability Inc. ("Ability") is the sole owner of Ability Computer & Software Industries Ltd., following the closing of the business combination between Cambridge Capital Acquisition Corporation, Ability Computer & Software Industries Ltd. and Ability.

Headquartered in Tel Aviv, Israel, Ability Computer & Software Industries Ltd. was founded in 1994 and is a leading provider of innovative tactical communications intelligence solutions used by government agencies, military forces, law enforcement and homeland security agencies worldwide, with an installed base in more than 50 countries. Ability offers a broad range of lawful interception, surveillance, decryption, cyber and geolocation solutions, with a strong focus on active and passive off-air interception and decryption of communications on GSM, CDMA, UMTS and LTE cellular systems as well as Iridium, Thuraya, and other satellite networks. State-of-the-art technology underpins Ability's scalable offerings, which can be tactical-and-portable, or strategic-and-fixed, depending on its customers' needs. Additional information regarding Ability may be found at http://www.interceptors.com.