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Advenica receives order for cybersecurity services worth MSEK 2 from a European public sector customer

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Advenica, the Swedish supplier of cybersecurity solutions, has received an additional order from a European public sector customer regarding cybersecurity services. The new order is worth MSEK 2 and will be delivered during 2022 and 2023.

Advenica has world-class high assurance cybersecurity solutions that raise information security and ensure efficient, safe data exchange up to Top Secret classification. The encryption and segmentation products are sustainable, future-proof and technologically advanced – and they help customers in the defence industry, authorities and operators within critical infrastructure to protect critical information. The company has its head office in Malmö, Sweden and established itself in Austria in mid-2017 to provide cybersecurity solutions to customers in Austria and other European countries.

In June 2020 Advenica published a press release about an order of MSEK 12 from a European public sector customer. The order concerned products and services for a number of years, with first delivery during 2020. Now the company has received a new order, worth MSEK 2, from the same customer. The new order concerns cybersecurity services and will be delivered during 2022 and 2023.

"Advenica offers solutions for cybersecurity that meet the very highest security requirements, solutions that prevent intrusion, data leakage and manipulation of information worthy of protection. We value long relationships with our customers and are very pleased to be able to continue to deliver our services to this public sector customer" says Markus Gursch, CEO Advenica Austria.

For further information, please contact:
Markus Gursch, CEO Advenica Austria, +43 1 25 30025 270, markus.gursch@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 13.50 CET on March 22nd, 2022.

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, phone +46 8 121 576 90, www.redeye.se, email: certifiedadviser@redeye.se

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Advenica offers solutions for cybersecurity that meet the very highest security requirements, solutions that prevent intrusion, data leakage and manipulation of information worthy of protection. We value long relationships with our customers and are very pleased to be able to continue to deliver our services to this public sector customer.
Markus Gursch, CEO Advenica Austria