JS Security enters a customer agreement with a Swedish e-commerce company regarding Security-as-a-Service
JS Security Technologies Group AB ("JS Security" or "the Group") today, through its subsidiary JS Security Technologies AB, enters into a customer agreement with a Swedish e-commerce company. The customer agreement refers to JS Security's decentralized file storage platform Security-as-a-Service.
Security-as-a-Service is a file storage platform based on JS Security's proprietary decentralized P2P networks. The platform enables the user to quickly, securely, and privacy-protected store files in a decentralized storage environment.
Security-as-a-Service uses advanced encryption, file sharing, file distribution, and authentication. The company has strived for a high degree of user-friendliness combined with security and integrity.
The customer has evaluated Security-as-a-Service during a test period and has now entered into a customer agreement with JS Security.
The order value is initially a small amount, but both parties aim to increase the commitment during the year.
Given that the customer wishes to remain anonymous, we choose not to publish the company name from an integrity point of view.
"We are pleased to enter into another new customer agreement. In line with the Group's updated sales strategy, we now see, with this agreement, a shortened sales process. We see this as an exciting start to a long-term business relationship with a Swedish innovative e-commerce company. ", Says Pontus Wilgodt, acting CEO, JS Security
For further information, please contact:
Christopher Ramstedt, Chief Operating Officer & Head of Investor Relations
ir@jssecurity.tech
About JS Security
JS Security is a Swedish "Web3" company within complex cyber security that develops advanced security infrastructures and products for the B2B and B2C market. The company delivers its products and services to a wide range of partners and customers, primarily in Scandinavia, but also globally. JS Security has offices in Helsingborg and Stockholm.
The company's shares are listed on the Spotlight Stock Market.