Advenica receives an order worth MSEK 17.8 from a Swedish authority

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Advenica has received a new order from a Swedish authority. The deal is worth MSEK 17.8 and is part of an agreement regarding deliveries of crypto products. In connection with this, the framework agreement between the parties has also been extended until 2025.

Advenica is a well-established and trusted supplier of cybersecurity solutions both in Sweden and internationally. The solutions are based on Advenica's trusted technology and meet the authority's requirements for being able to communicate information that is classified up to Kvalificerat Hemlig. In addition, they are approved for encrypted communication of the highest level of valuable information in the EU.

A new order regarding the delivery of crypto products has now been received from a Swedish authority that also extended the framework agreement with Advenica. The new order will be delivered during Q4 2023 and the first half of 2024.

"It is of the utmost importance that sensitive information is protected using cybersecurity solutions at a sufficiently high level. That is why we are proud that the agreement with this customer has been extended - it shows great confidence in us, our competence and our products" says Marie Bengtsson, CEO Advenica.

For further information, please contact:
Marie Bengtsson, VD Advenica AB, +46 (0) 703 860 032, marie.bengtsson@advenica.com

The information was submitted for publication, through the agency of the contact person set out above, at 08.10 CET on April 6th, 2023.

About Advenica

Advenica’s expertise helps countries, authorities, companies and organisations protect the most important digital information. Our well-proven and trusted cybersecurity solutions isolate networks physically while connecting data securely. Since the start in 1993, we design, develop and manufacture all crypto and segmentation products in Sweden to ensure high assurance. Read about our unique technology and its EU and national approvals at the highest security level at www.advenica.com

Advenica AB is a publicly traded company listed on Nasdaq First North Premier Growth with the name ADVE. Certified Adviser is Redeye AB,  www.redeye.se

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Quotes

It is of the utmost importance that sensitive information is protected using cybersecurity solutions at a sufficiently high level. That is why we are proud that the agreement with this customer has been extended - it shows great confidence in us, our competence and our products.
Marie Bengtsson, CEO Advenica