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Advenica receives order worth MSEK 1.3 from Finnish customer

Advenica has received a new order for high assurance cybersecurity products and services from a Finnish customer within the public sector.

Connecting systems with critical information to other networks pose a great security risk and security measures must be taken to prevent intrusion and to maintain the network integrity.

Advenica’s Cross Domain Solutions enable strictly controlled and filtered information exchange between domains with different security or protection needs, for instance databases, servers, applications, or combinations.

Advenica has its head office in Malmö, Sweden and established itself in late 2016 in Helsinki, Finland. Since then, multiple Finnish customers within the public sector have chosen the European provider’s certified encryption and segmentation products. Now the company has received a new order from a Finnish public sector customer. The new order concerns Cross Domain Solution products and services and is worth MSEK 1.3. Delivery of the new order will be during Q4 2021.

“We see a growing demand for high-assurance solutions that safeguard valuable information. Our products have national approvals and meets the highest demands on both security and assurance. They make it possible to effectively mitigate the cybersecurity risks while enabling information transfer” says Mikael Puska, CEO Advenica Oy.

For further information, please contact:
Mikael Puska, CEO Advenica Oy, +358 (0)50 304 6160, mikael.puska@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 15.15 CET on November 11th, 2021.

About Advenica

Advenica’s expertise helps countries, authorities, companies and organisations protect the most important digital information. Our well-proven and trusted cybersecurity solutions isolate networks physically while connecting data securely. Since the start in 1993, we design, develop and manufacture all crypto and segmentation products in Sweden to ensure high assurance. Read about our unique technology and its EU and national approvals at the highest security level at www.advenica.com

Advenica AB is a publicly traded company listed on Nasdaq First North Premier Growth with the name ADVE. Certified Adviser is Erik Penser Bank, phone +46 (0)8 463 83 00, www.penser.se, email: certifiedadviser@penser.se

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