Finnish MSEK 2.5 order on Advenica’s cybersecurity

An organisation in the Finnish governmental sector turns to Advenica to provide high assurance cybersecurity solutions.

Advenica continues its stable growth in Finland. Since establishing offices in Helsinki late 2016, multiple Finnish customers within the public sector have chosen the European provider’s certified encryption and segmentation products.

The current order is placed by a governmental agency on products and a managed service agreement worth approximately MSEK 2.5, with delivery during Q2/2018.

"The market has responded very positively to Advenica’s presence in Finland, and we are getting more and more attention. This new order proves yet again that there is a concrete need for our unique high assurance solutions to safeguard critical data. We are proud to contribute to upgrading cybersecurity within the governmental sector", says Mikael Puska, CEO, Advenica Oy.

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of the industry regarding the delivery and the customer means that further information about the customer will not be published.

For more information, please contact: Mikael Puska, CEO Advenica Oy, +358 (0)50 304 6160, mikael.puska@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 08.50 a.m. CET on May 17, 2018.

About Advenica

Advenica provides expertise and world-class high assurance cybersecurity solutions for critical data in motion up to Top Secret classification. We enable countries, authorities and companies to raise information security and digitalise responsibly. Founded in 1993, we are EU approved to the highest level of security. Our unique products are designed, developed and manufactured in Sweden. 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

The market has responded very positively to Advenica’s presence in Finland, and we are getting more and more attention. This new order proves yet again that there is a concrete need for our unique high assurance solutions to safeguard critical data. We are proud to contribute to upgrading cybersecurity within the governmental sector.
Mikael Puska, CEO, Advenica Oy