HIDDN: Receives several repeat orders – aggregated market up-date

(Oslo, 6 November 2018) Hiddn Solutions ASA (Hiddn, OSE: HIDDN) has received repeat orders for SafeDisks and USB-products from clients in Europe and the Middle East

“We are enjoying a continued interest for our secure storage and encryption products, ranging from our miltary-grade high-end products for governmental organisations to our new line of mass-market encryption products. The repeat orders confirms our unrivalled position at the most demanding end of the market. At the same time, we are leveraging on this position to bring the Hiddn technology to the mass-markets as we are presenting our products at the most important fairs throughout Europe,” says Carl Espen Wollebekk, CEO of Hiddn.

Hiddn has a longstanding relationship with governmental organisations in Europe and the Middle-East, and has recently received repeat orders for 200 SafeDisks and 200 KryptoDisks, adding to their existing portfolio of encryption products from Hiddn.

In addition, Hiddn has lately received orders for more than 1,600 USB products including the initial order from ALSO (announced in separate stock exchange relase dated 2 November 2018) one of Europes largest distributors, covering Hiddn's KryptoDisk and other encryption products. This is a stepping stone into launching our new range of products and services to the volume driven business and retail market in Europe.

Hiddn has been present at tradeshows such as InfoSecure, CEBIT and IT-SA and received great interest and several leads. Hiddn will also attend the upcoming Fujitsu partner forum and the Electronica fair in München and NIDV in Rotterdam in November 2018.

For further information, please contact:
Carl Espen Wollebekk (CEO of Hiddn), telephone: + 47 930 55 505 /e-mail: cew@hiddn.no

About Hiddn Solutions ASA

Hiddn Solutions ASA is listed on the Oslo Stock Exchange under the ticker HIDDN. The company is offering impenetrable proprietary hardware-based authentication and encryption products with a superior level of security as well as a wider product suite addressing all market segments looking for solutions to ensure that sensitive information stays confidential and unavailable to unauthorised access. Based on Hiddn's unrivalled and proven position in the high-end encryption market, Hiddn is implementing a strategy of adapting the proprietary technology to the high-volume markets to take advantage of the growing global security challenges and the arising regulatory requirements. Hiddn has established a product offering that addresses all market segments from the high-end security clients to the retail market, and established partnerships with some of the most important sales and distribution partners in Europe. Hiddn sees significant growth opportunities and rising demand from customers and is well on its way to solidify its leading position in the growing market for secure data storage.

For more information, please visit: www.hiddn.no

Tags: