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Advenica grows in Europe – Austrian order worth over MSEK 3

Advenica, as a leading European provider of cybersecurity, has received a new order in Austria worth over MSEK 3 to be delivered in Q2/2018.

Mid-2017 Advenica established strategic offices in Vienna to provide high assurance cybersecurity solutions to amongst others the Austrian Defence Forces, who signed a ten-year framework agreement in 2016. As a cybersecurity partner to armed forces, intelligence agencies and security services across Europe, Advenica’s patented technology has been approved to the highest security level within the EU.

The Austrian order includes Cross Domain Solutions and encryption products worth over MSEK 3 with delivery Q2/2018.

“This is an important step, not only for Advenica’s further growth but also to keeping Europe safe. Our Cross Domain Solutions and encryption products are military-graded solutions that raise cybersecurity considerably. Our technology isolates networks physically yet allows critical information to be communicated in a 100 % secure mode”, says Markus Gursch, CEO Advenica Austria.

The nature and circumstances of the industry regarding the delivery and the customer means that further information about the customer will not be published.

For further information, please contact: Markus Gursch, CEO Advenica Austria, +43 1 25 30025 270, markus.gursch@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 08.50 a.m. CET on May 31, 2018.

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 with the name ADVE. Certified Adviser is Erik Penser Bank, phone +46 (0)8 463 83 00, www.penser.se

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