Advenica extends agreement with a Swedish authority - new order worth 3 MSEK

The Swedish provider of cybersecurity solutions signs an extended agreement with an existing customer to include additional accessories for previously installed hardware encryption.

The order placed is worth MSEK 3 with delivery scheduled during the first quarter of 2018. The customer, a larger Swedish governmental agency, is an established customer to whom Advenica previously has supplied similar equipment. The new order supplements the existing installations of Advenica’s hardware encryption.

Advenica’s encryption products protect information at the highest security level for the Swedish armed forced. They are also approved for encrypted communication at the highest security level within the EU.

The nature and circumstances of the industry regarding the delivery and the customer means that further information about the customer will not be published. 

"Strengthening existing bonds is equally as important to us as developing new ones. We are very pleased about growing with this particular customer", says Einar Lindquist, CEO Advenica AB.

For more information, please contact: Einar Lindquist, CEO Advenica AB, +46 (0)704 29 98 39, einar.lindquist@advenica.com

This information is information that Advenica AB is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15.05 p.m. CET on February 08, 2018.

About Advenica

Advenica is a leading European provider of cybersecurity. Advenica offers advanced cybersecurity solutions and services for business-driven information exchange, secure digitalisation and high assurance. For more than 20 years Advenica has, by providing future-safe and sustainable solutions, enabled for organisations and companies to take digital responsibility. Read more at www.advenica.com

Advenica AB is a publicly traded company listed on Nasdaq First North Premier with the name ADVE. Certified Adviser is Erik Penser Bank, phone +46 (0)8 463 83 00, www.penser.se.

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About Us

Advenica is a leading European provider of cybersecurity. Advenica offers advanced cybersecurity solutions and services for business-driven information exchange, secure digitalisation and high assurance. For more than 20 years Advenica has, by providing future-safe and sustainable solutions, enabled for organisations and companies to take digital responsibility. Advenica AB is a publicly traded company listed on Nasdaq First North Premier with the name ADVE. Certified Adviser is Erik Penser Bank.

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Quotes

Strengthening existing bonds is equally as important to us as developing new ones. We are very pleased about growing with this particular customer.
Einar Lindquist, CEO Advenica AB