HIDDN: Tore Etholm-Idsøe appointed as SPV of Tactilis

(Oslo, 19 December 2018) Tactilis Pte. Limited (Tactilis) has appointed Tore Etholm-Idsøe as new Senior Vice President.

Reference is made to the newly announced LOI with Tactilis for a potential business combination with Hiddn Solution ASA (Hiddn, OSE:HIDDN). Tactilis announces today that Tore Etholm-Idsøe has been appointed Senior Vice President of the company.

For more information, please refer to the press release from Tactilis and stock exchange notice from Next Biometrics.

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

About Tactilis  

Tactilis has developed a unique technology finally allowing secure and convenient implementations of biometric authentication in world-wide populations. Their card format, the 4 GB storage capacity in combination with their card reader/carrier enables replacement of pin-codes and passwords which today typically represents the weakest link in high-end security systems. Additionally it adds multi-function card capabilites and a complete system enabling seemless downloading, maintance and user operations of the defined applications. Combining the card with the Tactilis slim card carrier, the system is operational at home, in store or outdoors whenever and wherever there is Wi-F,i Bluetooth, NFC or USB connection.

For more information, please visit: www.tactilis.com

About Hiddn Solutions ASA 

Hiddn Solutions ASA is listed on the Oslo Stock Exchange under the ticker HIDDN. The company is offering impenetrable proprietary hardware-based authentication and encryption products with a superior level of security as well as a wider product suite addressing all market segments looking for solutions to ensure that sensitive information stays confidential and unavailable to unauthorised access. Based on Hiddn's unrivalled and proven position in the high-end encryption market, the company is implementing a strategy of adapting the proprietary technology to the high-volume markets to take advantage of the growing global security challenges and the arising regulatory requirements. Hiddn has established a product offering that addresses all market segments from the high-end security clients to the retail market, as well as established partnerships with some of the most important sales and distribution partners in Europe. Hiddn sees significant growth opportunities and rising demand from customers and is well on its way to solidify its leading position in the growing market for secure data storage. 

For more information, please visit: www.hiddn.no

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