Advenica receives order worth MSEK 1.1 from Finnish customer

Advenica, a leading European provider of cybersecurity solutions, has received a new order for development of services for high assurance cybersecurity solutions from a Finnish customer.

Connecting systems with critical information to other networks pose a great security risk and security measures must be taken to prevent intrusion and to maintain the network integrity.
Advenica’s Cross Domain Solutions enable strictly controlled and filtered information exchange between domains with different security or protection needs, for instance databases, servers, applications, or combinations.

The new order, placed by a Finnish customer, concerns development of Cross Domain Solution services. Delivery of the new order will start immediately and will be completed during Q3 2020.

The nature of the industry and the circumstances regarding the delivery and the customer means that further information about the end customer will not be published.

"We see a growing demand for high-assurance solutions that safeguard valuable information. Our products have national approvals and meets the highest demands on both security and assurance. They make it possible to effectively mitigate the cybersecurity risks while enabling information transfer" says Mikael Puska, CEO Advenica Oy. 

For further information, please contact:
Mikael Puska, CEO Advenica Oy, +358 (0)50 304 6160, mikael.puska@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 13.35 CET on June 3, 2020.

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 Erik Penser Bank, phone +46 (0)8 463 83 00, www.penser.se, email: certifiedadviser@penser.se

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About Us

Advenica is a leading European provider of cybersecurity. Advenica offers advanced cybersecurity solutions and services for business-driven information exchange, secure digitalisation and high assurance. For more than 20 years Advenica has, by providing future-safe and sustainable solutions, enabled for organisations and companies to take digital responsibility. Advenica AB is a publicly traded company listed on Nasdaq First North Premier with the name ADVE. Certified Adviser is Erik Penser Bank.

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We see a growing demand for high-assurance solutions that safeguard valuable information. Our products have national approvals and meets the highest demands on both security and assurance. They make it possible to effectively mitigate the cybersecurity risks while enabling information transfer.
Mikael Puska, CEO Advenica Oy