HIDDN: Hiddn dispatches the first KryptoDisk 1 order to Power International AS

Report this content

(Oslo, 29 June 2018) Hiddn Solutions ASA (“Hiddn”) has dispatched the first shipment of KryptoDisk 1 encrypted hard drives to Power International AS ("Power").

The KryptoDisks will now be made available for sale in Power outlets, with an indication that initial availability will be through major Power outlets in eastern Norway such as Alnabru, Klingenberg and Strømmen. 

This is the first order placed under the Nordic distribution agreement between Hiddn and Power. The purchase order was received after Hiddn attended Power's sales conference Power Up in late May, where Hiddn educated and trained Power’s sales staff on Hiddn's encryption products. Hiddn expects Power to continuously update sales numbers and forecasts to consider new orders, reflecting market demand. Except this initial statement, continuous reporting on business that doesn't deviate substantially from a normal and expected sales development is considered redundant, as this is a part of Hiddn’s core business.

"The agreement with Power is important to us and we are confident that the current and increasing focus on data security will make the KryptoDisk 1 highly attractive to Power's customers", says Hans Willy Flisnes, Sales and Marketing director of Hiddn.

For further information, please contact:
Carl Espen Wollebekk (CEO of Hiddn), telephone: + 47 930 55 505 /e-mail: cew@hiddn.no

About Power International AS

Power International is a leading home electronics retailer in the Nordic region, with a nation-wide store network and online shops in Norway, Denmark, Sweden and Finland. Power International aims to offer customers the widest assortment of well-known brand products, to the lowest price on the market. For more information, please visit www.power.no

About Hiddn Solutions ASA
Hiddn Solutions ASA (Hiddn) is a public limited company headquartered in Oslo, Norway, listed on the Oslo Stock Exchange under the ticker HIDDN. Hiddn is supplying impenetrable proprietary hardware-based authentication and encryption products. Hiddn's encryption product suite offers a distinctly superior level of safety and ensures that sensitive information stays confidential and unavailable to unauthorised access, even if the device is lost or stolen. Hiddn’s products are currently being used amongst others by the Norwegian Armed Forces, national and Dutch Authorities and on NATO's Northrop Grumman's Global Hawks surveillance drone. Hiddn aims to capitalise on the significant investments made to date by embarking on a full commercial scaling and take advantage of the current technology and cybersecurity trend in the market place.For more information, please visit www.hiddnsolutions.com.