HIDDN SOLUTIONS ASA - Quarterly Report – Q4 2017
Enclosed please find Hiddn Solutions ASA’s report for the fourth quarter of 2017.
Highlights from Q4 and subsequent events:
- Entered into Nordic distribution agreement with Power International AS
- Signed agreement for delivery of 500 units of Hiddn's Laptop 1+
- Received repeat order from the Dutch Government for delivery of Hiddn's SafeDisks
- New R&D manager in place
- Strengthening of the Board of Directors
- Raised NOK 15 million in gross proceeds in a Private Placement
2018 will become a “wake up year” for both the consumer and business market as the complex cyber security situation is pushing consumers and businesses towards encrypted data exchange. The focus going forward is to capitalise on the significant investments made to date and embark on a full commercial scaling and take advantage of the current technology and cybersecurity trend in the market place.
For further information, please contact:
Carl Espen Wollebekk (CEO), telephone: + 47 930 55 505 /e-mail: email@example.com
Oslo, 16 February 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. Hiddn’s encryption product suite offers a distinctly superior level of safety and ensures that sensitive information stays confidential and unavailable to unauthorised access, even if the device is lost or stolen. Hiddns products are currently being used amongst others by Norwegian Armed Forces, national and Dutch Authorities and on NATO’s Northrop Grumman’s Global Hawks surveillance drone. The Group is also supplying secure cabinets and physical filing systems. For more information, please visit www.hiddnsolutions.com