Nixu signed 15 MEUR cybersecurity framework agreement

Nixu Corporation
Press release, August 6, 2018 at 8:30 am EEST

European cybersecurity company Nixu announced today that it has concluded a wide-ranging framework agreement with its long-term client to operate as its cybersecurity integrator. The services provided through the contract cover a wide selection of Nixu’s and its partners’ holistic cybersecurity services.

The framework agreement now signed between the parties has an estimated value of 15 million euros by the end of 2020. Thereafter, the client has a two-year option with a total value of about 9 million euros.

Petri Kairinen, CEO of Nixu: “Nixu's strategic goal is to provide comprehensive cybersecurity partnership to our customers. The newly signed agreement demonstrates clearly that companies need a versatile, yet technology agnostic partner that specializes in cybersecurity.”

The deal doesn’t change Nixu Corporation’s financial guidance for 2018.

Nixu Corporation

Further information:
CEO Petri Kairinen, Nixu Corporation
Telephone: +358 40 832 1832, e-mail: petri.kairinen@nixu.com

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Nixu in brief:
Nixu is a cybersecurity services company on a mission to keep the digital society running. Our passion is to help organizations embrace digitalization securely. Partnering with our clients we provide practical solutions for ensuring business continuity, an easy access to digital services and data protection. We aim to provide the best workplace to our team of over 300 cybersecurity professionals with a hands-on attitude. With Nordic roots, but based in four continents, we serve enterprise clients worldwide. Nixu shares are listed on the Nasdaq Helsinki stock exchange.

www.nixu.com

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About Us

Nixu is a cybersecurity services company on a mission to keep the digital society running. Our passion is to help organizations embrace digitalization securely. Partnering with our clients we provide practical solutions for ensuring business continuity, an easy access to digital services and data protection. We aim to provide the best workplace to our team of nearly 400 cybersecurity professionals with a hands-on attitude. With Nordic roots we serve enterprise clients worldwide. Nixu shares are listed on the Nasdaq Helsinki stock exchange.

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Quotes

Nixu's strategic goal is to provide comprehensive cybersecurity partnership to our customers. The newly signed agreement demonstrates clearly that companies need a versatile, yet technology agnostic partner that specializes in cybersecurity.
Petri Kairinen, CEO of Nixu