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Arribatec Group ASA Board/Management Information 2017

Jan 9, 2017

3541_iss_2017-01-09_09ec019f-f006-4258-8579-a1559bcb4a1b.html

Board/Management Information

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HIDDN SOLUTIONS ASA - ESTABLISHES ADVISORY BOARD WITH UNIQUE COMPETENCY

HIDDN SOLUTIONS ASA - ESTABLISHES ADVISORY BOARD WITH UNIQUE COMPETENCY

Hiddn Solutions ASA ("Hiddn", "The Company") establishes an advisory board with

market leading competency within digital espionage, economic crime, white collar

crime, as well as industrial scaling and international commercialisation of

Norwegian technology.

The Company's new advisory board consists of:

Kjell Grandhagen

Retired Lt. General with 43 years of experience from the Norwegian Army, and the

former Head of the Norwegian Intelligence Services for six years until January

Petter Gottschalk

Professor at the Norwegian Business School with specialty in cybercrime, white

collar and organised crime, formerly CEO of amongst others the Norwegian

Computing Center and Norwegian Information Technology A/S.

Ola Tronrud

One of Norway's leading industry developers, founder and owner of Tronrud

Engineering and the owner of Moss Jern- og Stanseindustri AS.

Svenn-Tore Larsen

CEO of Nordic Semiconductor ASA and former Nordic Director of Xilinx Inc., the

world's largest developer and manufacturer of programmable logic devices known

as FPGAs.

"The threats in the digital space are serious and growing rapidly, exhibited by

the new forms of crime associated with cyber threats, data theft, fraud,

extortion and eventually manipulation, as was the case around the recent US

elections. One of the most effective remedies against this that individuals or

enterprises can adopt, is end encryption. Here Hiddn has developed a unique

solution", says Kjell Grandhagen.

"Cybercrime is a major international problem. Most people are terrified of

attacks and take cybercrime seriously, but they have insufficient knowledge to

understand how to deal with it. Failure to understand and helplessness leave

attackers, burglars, identity thieves, swindlers, spies, terrorists, paedophiles

and other computer criminals with free rein. One measure that obviously helps

against cybercrime, is encryption. Hiddn, with its world-leading encryption

technology, is exciting in that way, where I also would like to contribute",

says Petter Gottschalk.

"Cybercrime, and the technology to withstand it, evolves at an exponential pace

globally and Hiddn is very pleased to have attracted the highest expertise in

this area Norway has to offer. These individuals possess essential skills and

experience to contribute to making Hiddn an international success," says CEO

Tore Viana-Rønningen

About Hiddn Solutions ASA

Hiddn Solutions ASA is a publicly traded company situated in Oslo, Norway listed

on the Oslo Stock Exchange under the ticker HIDDN. The Company is a supplier of

proprietary hardware-based authentication and encryption products to military,

government and large institutions.

The Company's products and unique software forms part of the global

cybersecurity market which is expected to grow from its current level of USD 60

billion to USD 76 -128 billion by 2020. Hiddn's software has further potential

for application in the retail and industrial internet of things, a market

expected to grow from USD 7 billion to USD 29 billion by 2020.

Hiddn has made significant progress in certification and approval processes with

leading national approval authorities in Europe and the US for its hardware

encryption solutions. Hiddn is currently facing a commercial scaling of its

products and has commenced efforts on establishing strategic alliances and

reseller agreements with leading European partners.

Contact person: CEO, Tore Viana-Rønningen (phone +47 911 08 693)

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.