HIDDN SIGNS AGREEMENT TO START DELIVERY OF 500 UNITS OF ITS LAPTOP 1+ AND KEY MANAGEMENT SYSTEM
Hiddn has received an order for 500 Laptop 1+ (encrypted internal hard drive for use in laptops) and a Key Management System for professional and governmental use from a new client in the Middle-East region.
This first order was received after a period of extensive testing and final approval by the client. Hiddn will process and deliver the order subsequently, after receiving settlement of the full value of the first 500 discs agreed to EUR 375,000.-.
Hiddn’s encryption product suite offers a distinctly superior level of safety and ensures that sensitive information stays confidential and unavailable to unauthorized access, even if the device is lost or stolen. The order marks another important customer approval of Hiddn’s patented hardware encryption technology.
“The order is an important milestone for Hiddn and marks yet another international recognition of Hiddn’s products and clearly demonstrates the commercial potential of Hiddns technology platform”, says Hans Willy Flisnes, Sales and Marketing Director in Hiddn.
For further information, please contact:
Carl Espen Wollebekk (CEO), telephone: + 47 930 55 505 /e-mail: cew@hiddn.no
Oslo, 5 January 2018
Hiddn Solutions ASA
About Hiddn Solutions ASA
Hiddn Solutions ASA is a public limited company situated in Oslo, Norway, listed on the Oslo Stock Exchange under the ticker HIDDN. Hiddn is supplying impenetrable proprietary hardware-based authentication and encryption products to military, governmental, institutional, and corporate clients with further potential to scale into the retail market by building on and benefiting from the experience and competence of the management and employees in Hiddn. The Group is also supplying secure cabinets and physical filing systems.
For more information, please visit www.hiddnsolutions.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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