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FMV places new order, worth MSEK 35, on Advenica’s encryption products

Advenica, the Swedish provider of cybersecurity solutions, has received an order from FMV (The Swedish Defence Materiel Administration) for encryption products. A deal worth approximately MSEK 35 and with delivery on an ongoing basis during 2019 and early 2020. This is the deal that was mentioned in the press release sent on January 23, 2019.

Advenica is a long-established and well trusted provider of cybersecurity solutions within National Security, both in Sweden and internationally. The encryption products are based on Advenica’s patented technology and meet the authorities’ requirements for communication of TOP SECRET information. They are also approved for encrypted communication to the highest information security level within the EU.

The order from FMV also includes upgrades for today’s solutions and the plan is to deliver on an ongoing basis during 2019 and during the first quarter of 2020.

“We work with customers whose operations require high-assurance solutions to safeguard their most valuable information. Advenica’s products have futureproof technology, are user-friendly with exceptional reliability and includes high assurance technology. All this combined simplifies and safeguards the security of any nation” says Heléne Bittmann, VP Sales National Security.

For further information, please contact:
Heléne Bittmann, VP Sales National Security Advenica AB, +46 (0) 723 85 02 10, helene.bittmann@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 10.05 a.m. CET on February 5, 2019.

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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