European authority places order worth MSEK 5.9 on Advenica's crypto products
Advenica, the Swedish supplier of cybersecurity solutions, has received an order from a European authority regarding adaptation and delivery of VPN equipment. The order is worth MSEK 5.9 and will be delivered during 2020.
Advenica is a long-established and well trusted supplier of cybersecurity solutions to defense customers, both in Sweden and internationally. The encryption products are based on Advenica's patented technology and meet the authority's requirements for communicating information classified as TOP SECRET. In addition, they are approved for encrypted communication of the highest level of protected information in the EU.
The order from the European authority concerns adaptation and delivery of VPN products, with continuous delivery during 2020.
We work with customers whose operations require high-assurance solutions to safeguard their most valuable information. Advenica's products have futureproof technology, are user-friendly with exceptional reliability and includes high assurance technology. With our solutions, customers can take their digital responsibility - and at the same time contribute to a safer world says Marie Bengtsson, CEO.
For further information, please contact:
Marie Bengtsson, VD Advenica AB, +46 (0) 703 860 032 marie.bengtsson@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 08.50 CET on May 5th, 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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