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16/05-2018 07:00:30: (HIDDN) Quarterly Report - Q1 2018

Hiddn reporting increased sales and a positive gross margin of 41% in 1 quarter

Enclosed please find Hiddn Solutions' report and corporate presentation for the
first quarter 2018.

Highlights from Q1:

  · Entered into cooperation agreement with Fujitsu - Hiddn approved as third
-party supplier to Fujitsu
  · Entered into Nordic distribution agreement with Power
  · Signed agreement for delivery of 500 units of Hiddn's Laptop 1+
  · Received repeat order from the Dutch Government for delivery of Hiddn's
  · KryptoDisk 2 listed on the Norwegian Army's approved product list
  · Svein M Birkemoe appointed as R&D manager reflecting an ongoing
strengthening of the organisation
  · Announced underwritten rights issue at a share price of NOK 1.75

Highlights from subsequent events:

  · Fujitsu announced GDPR-compliant security option on all its notebooks and
PCs in a new partnership with Hiddn
  · Launched GDPR-proof guarantee for two-factor security products in Europe,
backed by major, international insurance companies
  · Successfully raised NOK 30 million in gross proceeds in rights issue
  · Launched a new product targeting the consumer market in the Nordic area, to
be distributed through Power, through a cooperation agreement with iStorage.

The Company will host an open presentation today, Wednesday 16 May 2018 at 08.00
(CEST) at Felix Conference Centre. The presentation will be broadcasted live
at and

For further information, please contact:
Carl Espen Wollebekk (CEO), telephone: + 47 930 55 505 /e-mail:

Oslo, 16 May 2018
Hiddn Solutions ASA

About Hiddn Solutions ASA
Hiddn Solutions ASA (Hiddn) is a public limited company headquartered in Oslo,
Norway, listed on the Oslo Stock Exchange under the ticker HIDDN. Hiddn is
supplying impenetrable proprietary hardware-based authentication and encryption
products. Hiddn's encryption product suite offers a distinctly superior level of
safety and ensures that sensitive information stays confidential and unavailable
to unauthorised access, even if the device is lost or stolen. Hiddn's products
are currently being used amongst others by the Norwegian Armed Forces, national
and Dutch Authorities and on NATO's Northrop Grumman's Global Hawks surveillance
drone. The Group is also supplying secure cabinets and physical filing systems.
Hiddn aims to capitalise on the significant investments made to date by
embarking on a full commercial scaling and take advantage of the current
technology and cybersecurity trend in the market place. For more information,
please visit www.h

Ekstern link:

Nyheten er levert av OBI.