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Arribatec Group ASA Board/Management Information 2018

Jan 4, 2018

3541_rns_2018-01-04_f4d4e7d3-7e7b-47ac-83fa-46c5b2d47b46.html

Board/Management Information

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APPOINTMENT OF NEW R&D MANAGER

APPOINTMENT OF NEW R&D MANAGER

Svein M Birkemoe (50) is employed as new R&D Manager and is taking up the

position from January 2, 2018.

In his position as R&D manager, Svein M Birkemoe is expected to focus on the

ongoing development work in Hiddn, to right size skills and development

resources and to meet our challenging goals with respect to increased

productivity and to stay with in budgeted cost. As Hiddn is planning to expand

the Company's presence with in broader market segments and volume production,

product development and efficiency will be an important factor for future

success.

Svein M Birkemoe has broad experience from electronics development in

telecommunication, data communication, defense, and subsea. He started his

career doing FPGA and ASIC development in Alcatel Telecom Norway ASA, and then

moved on to be head of the FPGA design team in AXXESSIT AS. He was co-founder of

the FPGA and ASIC design consulting company Digitas AS, and has subsequently

held system design and product architect positions in Kongsberg Protech Systems,

Aker Solutions ASA, and lately Transpacket AS.

Svein M Birkemoe holds a M.Sc from the Norwegian University of Science and

Technology.

"I am very excited to take on this position in Hiddn which I believe has a

bright future due to its very competent people, strong technology, and exciting

products", says Svein M Birkemoe.

Carl Espen Wollebekk, CEO in Hiddn comments: "I am very pleased to welcome Svein

M Birkemoe to the Hiddn team. His experience and expertise give a strong

contribution to our team as we are targeting the large and growing corporate and

enterprise market".

As a part of the assignment, Svein M Birkemoe has today been granted 300,000

options in the Company, the stock exchange announcement from Hiddn Solutions ASA

(the "Company") on 16 November 2017 regarding a share option program in the

Company and the board authorisation to issue shares in connection with options

to employees and board members in the Company, granted by the Company's annual

general meeting on 22 June 2017 refer.

For further information, please contact:

Carl Espen Wollebekk (CEO), telephone: + 47 930 55 505 /e-mail: [email protected]

Oslo, 4 January 2018

Hiddn Solutions ASA

About Hiddn Solutions ASA

Hiddn Solutions ASA is a public limited company situated in Oslo, Norway, listed

on the Oslo Stock Exchange under the ticker HIDDN.  Hiddn is supplying

impenetrable proprietary hardware-based authentication and encryption products

to military, governmental, institutional, and corporate clients with further

potential to scale into the retail market by building on and benefiting from the

experience and competence of the management and employees in Hiddn. The Group is

also supplying secure cabinets and physical filing systems.

For more information, please visit www.hiddnsolutions.com