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Order worth MSEK 10 from Swedish authorities for product development of Advenica Cross Domain Solutions

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Advenica, the Swedish provider of cybersecurity solutions, has received an order from Swedish authorities for product development related to Cross Domain Solution. An agreement worth approximately MSEK 10 with delivery during 2020.

Advenica is a long-established and well trusted provider of cybersecurity solutions for defense customers, both in Sweden and internationally. Cross Domain Solutions includes network device for filtering and whitelisting of information flows, and data diodes for unidirectional data flow. Advenicas' futureproof products have several national approvals on the highest level.

The order will be delivered during 2020.

"Network segmentation and securing information flows plays a critical role in today’s politically volatile world. More and more countries develop offensive cyberwar capabilities and criminal organizations increase their capacity every day. Securing secret information gets harder every day. The order shows that Advenicas' competence and knowledge within Cross Domain Solutions is state of the art" says Heléne Bittmann, VP Sales Sweden.

For further information, please contact:
Heléne Bittmann, VP Sales Advenica AB, +46 (0) 723 85 02 10, helene.bittmann@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 09.00 CET on January 29, 2020.

About Advenica

Advenica provides expertise and world-class high assurance cybersecurity solutions for critical data in motion up to Top Secret classification. We enable countries, authorities and companies to raise information security and digitalise responsibly. Founded in 1993, we are EU approved to the highest level of security. Our unique products are designed, developed and manufactured in Sweden. Read more 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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Network segmentation and securing information flows plays a critical role in today’s politically volatile world. More and more countries develop offensive cyberwar capabilities and criminal organizations increase their capacity every day. Securing secret information gets harder every day. The order shows that Advenicas' competence and knowledge within Cross Domain Solutions is state of the art.
Heléne Bittmann, VP Sales Sweden