Advenica has won yet another order from a Nordic authority equivalent to 1 MSEK

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The Malmo-based cybersecurity company Advenica has demonstrated the great value of their solutions and ensured yet another order on the company's VPN products (Virtual Private Network) that guarantees secure transfer of information while protecting its integrity.

Advenica’s VPN products have a design that resists quantum computing and eliminates the threat of the encryption solution being infiltrated. This makes the VPN products a future-proof investment. Advenica is one of four companies worldwide that has received the highest certification of its VPN technology by the EU. The VPN encryption meets the high requirements that for instance governments and military have on their security for IP-based networks. This order will be delivered during the first quarter of 2017.

“Our network encryption is a fantastic solution that really takes this type of technology to new heights. This is confirmed by new and existing customers continuing to invest in our solutions, in fierce competition with the largest suppliers in Europe”, says Einar Lindquist, CEO, Advenica AB. 

Advenica continues to meet the strict requirements on technology, trust and delivery capacity held by military, government bodies and operators of critical infrastructure. Our long term work with developing business outside of Sweden also bears fruit, something this order is a good indication of,” says Andreas Häglund, Sales Director National Security, Advenica AB. 

For further 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, 10.46 a.m. CET on February 2, 2017.

About Advenica

Advenica is a leading European provider of cybersecurity. Advenica develops, manufactures and sells advanced cybersecurity solutions that prevent intrusions, theft and data leakage at information exchanges. With future-safe and sustainable solutions, Advenica enable companies and organisations 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 Bankaktiebolag. www.penser.se

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Quotes

Our network encryption is a fantastic solution that really takes this type of technology to new heights. This is confirmed by new and existing customers continuing to invest in our solutions, in fierce competition with the largest suppliers in Europe.
Einar Lindquist, CEO, Advenica AB
Advenica continues to meet the strict requirements on technology, trust and delivery capacity held by military, government bodies and operators of critical infrastructure. Our long term work with developing business outside of Sweden also bears fruit, something this order is a good indication of.
Andreas Häglund, Sales Director National Security, Advenica AB