We are hiring new developers

Are you keen to develop market leading security? We seek hardware and software developers aspiring to develop the foremost encryption solutions in the world. Grasp the opportunity to join us.

Currently we have these opens positions:

  • HW/SW Architect
  • Firmware Developer
  • ASIC/FPGA Developer
  • Software Developer

Read more here.

 

Information about the Minority Offer

A second opportunity to exchange shares in the business combination with Hiddn Solutions ASA

13. January 2017

The acceptance period commenced , 4 January 2017 and ended 12 January 2017 at 16:30 CET.

 

Latest news

4 January 2017

Hiddn Security AS – New Minority Offer

Reference is made to the announcement from Hiddn Security AS (the “Company”) on 29 December 2016 regarding the completed business combination with Hiddn Solutions ASA (“Hiddn Solutions”) (the “Transaction”). At the date of the closing of the Transaction, shareholders representing approximately 90.5% of the outstanding shares in the Company had accepted to participate in the Transaction, either by agreement or through an offer made to all shareholders in the Company not being a part of the Transaction through agreement (the “Initial Minority Offer”).

The Initial Minority Offer ended, after extension, on 22 December 2016. For the purpose of facilitating 100% ownership in the Company, and also providing the shareholders in the Company that did not participate in the Transaction a second opportunity to exchange their shares for the same consideration as in the Transaction, Hiddn Solutions today launches a second minority offer (the “Minority Offer”) to all remaining shareholders of Hiddn Security.

By accepting the Minority Offer, the shareholders of the Company will receive consideration of 1.83068551 share in Hiddn Solutions (the “Consideration Shares”) per 1 share owned in the Company. The acceptance period commence today, 4 January 2017 and is scheduled to end on 12 January 2017 at 16:30 CET. The Consideration Shares will give the holders pre-emptive rights to participate in a contemplated NOK 20 – 60 million rights issue in Hiddn Solutions, expected to be carried out in January/February 2017. Further information on the Minority Offer, including acceptance form, is available at the Company’s website www.hiddn.no.

Following completion of the second Minority Offer, Hiddn Solutions will consider a forced transfer of shares owned by minority shareholders in the Company pursuant to section 4-26 of the Norwegian Limited Liability Companies Act. Further, the Company will seek de-listing of the shares on NOTC after the Minority Offer is completed.

Contact person:
Chairman of the Board in Hiddn Security AS, Øystein E. Tvenge, +47 9087 0000

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29 December 2016
Hiddn Security AS – completed business combination with Hiddn Solutions ASA

Reference is made to the announcement from Hiddn Security AS (the “Company”) on 8 December 2016 regarding the business combination with Hiddn Solutions ASA, former name AgaTech ASA, (“Hiddn Solutions”) (hereinafter referred to as the Transaction).

The Transaction has been completed today and shareholders representing approximately 90.5% of outstanding shares in the Company have sold 17,931,392 shares in exchange for shares in Hiddn Solutions. Consequently, Hiddn Solutions owns approximately 90.5% of the shares in the Company.

20 December 2016
Hiddn Security AS – approval of the Transaction – extended acceptance period of the Minority Offer
The extraordinary general meeting in Hiddn Solutions on 16 December 2016 resolved to approve the Transaction by resolving to issue shares to shareholders of the Company in exchange for shares in Hiddn Solutions upon completion of the Transaction.

Read more.

13 December 2016
Hiddn Security AS – reminder of Minority Offer
Reference is made to announcement from Hiddn Security AS (“Hiddn” or the “Company”) on 8 December 2016 regarding the business combination with AgaTech ASA (“AGA”) (the “Transaction”) and the offer to all minority shareholders in Hiddn to participate in the Transaction (the “Minority Offer”).

Read more.

08 December 2016
Hiddn Security AS – business combination with AgaTech ASA
On 25 November, shareholders in Hiddn Security AS (“Hiddn” or the “Company”) representing 44.5% of the outstanding shares in the Company, entered into an agreement to sell their shares in Hiddn to AgaTech ASA (“AGA”) (the “Transaction”). In addition, shareholders representing 37.8% of the shares have pre-accepted to participate in the Transaction. Consequently, approximately 82.3% of the shareholders in Hiddn have already entered into or otherwise accepted to participate in the Transaction.

Read more.

Contact person:
Chairman of the Board in Hiddn Security AS, Øystein E. Tvenge, +47 9087 0000

 

New CEO at Hiddn Security

Hiddn Security has promoted Leif Sundsbø to Chief Executive Officer. His vast experience within sales, marketing and management will be vital in the company’s pursuit to be a global market leader with the most advanced encryption technology for laptops and memory sticks.

Hiddn Security’s technology meets the highest security standards and ensures that even the most sensitive data can securely be brought outside the office. The technology has been certified to the highest levels in the US, in Norway, and several other NATO-countries.

Read more about our FIPS 140-2 Level 3 encryption certification here.

The new CEO, Leif Sundsbø, is promoted from the position of VP Sales and Marketing, and brings with him decades of security experience from management positions at leading technology brands, such as Intel, Cisco, HP, Telenor and Check Point.

Encryption R&D advances

– I am very proud to lead an organization with the foremost encryption experts globally. We have in the recent months made significant progress within R&D, we have built a more robust sales channel, and we have launched the world’s most secure memory stick, says Sundsbø.

Hardware encryption brings new opportunities for those that have been restricted from working at home or whilst traveling, and ensures that sensitive data can securely be brought to external meetings. Hiddn Security’s encryption can’t be cracked, and security mechanisms provides market leading protection to keep data from falling into the wrong hands. One needs both a password and a smart card to access the content.

Business benefits from secure mobility

– We deliver solutions that businesses and the public sector will need a lot more of. Hardware encryption gives the best possible security for those that need to better protect sensitive data and comply with an ever increasing amount of rules and regulations. This is especially valid for staff in the public sector, and enterprises and organizations, such as legal, healthcare, banking, finance, consultants and others that handle sensitive and confidential information, says Sundsbø.

Encryption will be in demand in the years to come when all businesses in EU will have to comply with the General Data Protection Regulation (GDPR), or face fines up to €20 million or 4% of their annual turnover of the preceding financial year. The legislation compels anyone who holds data on EU-citizens to implement adequate security measures to protect data from loss or theft.

– Data must be better protected. Our aim is to get a better understanding in the market about the vast quality differences within encryption, and we will have many exciting news to unveil around our uncrackable security solutions, says Sundsbø.

Please contact us here if you would like to test our solutions.

Hiddn Security AS – business combination with AgaTech ASA

Oslo, 8 December 2016.

On 25 November, shareholders in Hiddn Security AS (“Hiddn” or the “Company”) representing 44.5% of the outstanding shares in the Company, entered into an agreement to sell their shares in Hiddn to AgaTech ASA (“AGA”) (the “Transaction”). In addition, shareholders representing 37.8% of the shares have pre-accepted to participate in the Transaction. Consequently, approximately 82.3% of the shareholders in Hiddn have already entered into or otherwise accepted to participate in the Transaction.

All minority shareholders are offered to participate in the Transaction (the “Minority Offer”). The offer period of the Minority Offer is from and including 28 November 2016 to and including 15 December 2016 at 16:30 CET, subject to any amendments by AGA. Information on the Minority Offer including acceptance forms are available at the Company’s website www.hiddn.no.

The Transaction will be completed as a share transaction with an exchange ratio of 1.83068551 shares in AGA per 1 share in Hiddn, based on a value of the AGA of NOK 8.5 million and a value of Hiddn of NOK 104.9 million, where AGA as the acquiring entity will issue new shares to the shareholders of Hiddn. Following completion of the Transaction, the current shareholders of AGA and Hiddn, subject to all shareholders in Hiddn accepting to sell their shares in the Transaction, will hold 7.5% and 92.5% of the total number of outstanding shares in AGA, respectively.

Completion of the Transaction is subject to inter alia mutual satisfactory financial and legal due diligence investigations, shareholders in Hiddn representing at least 2/3 participating in the Transaction, approval from the general meeting in AGA and that AGA at the time of issue of the consideration shares to the Hiddn shareholders is listed on Oslo Børs. An extraordinary general meeting in AGA is scheduled to be held on 16 December 2016 (the “EGM”). Completion of the Transaction is expected to take place by end of December 2016. The new shares to be issued on completion of the Transaction to the shareholders of Hiddn will be listed on Oslo Børs after the publication of a prospectus or similar listing document in accordance with the Norwegian Securities Trading Act and applicable rules of Oslo Børs, expected to take place by mid January 2017. Certain of the majority shareholders of Hiddn, including Intelco Concept AS, will be subject to a lock-up of 12 months.

There are no special agreements or arrangements that have been or will be entered into with the directors or executive management of Hiddn or AGA in connection with the Transaction.

AGA has summoned for an EGM on 16 December 2016 regarding, inter alia, approval of the share capital increase pertaining to the consideration shares to be issued to the shareholders of Hiddn. In addition it has been proposed to change AGA’s name to Hiddn Solutions ASA to better reflect the content of the combined entity. Furthermore, it will be proposed that the EGM grants the board of directors an authorisation to issue up to 50% new shares post completion of the Transaction with the intention to proceed with a capital increase in AGA in order to finance the operations and development of the future business. In this respect, a guarantee consortium has been established securing a minimum share issue of at least NOK 20 million. Further, it will also be proposed to carry out a 100:1 reversed share split of AGAs shares.

In addition to the above, AGA intends to summon for an additional extraordinary general meeting upon completion of the above mentioned share capital increase in order to propose for the general meeting to effectuate a subsequent rights issue in AGA, the final size and structure to be finalized by the board of directors and communicated to the market in due course.

Aabø-Evensen & Co Advokatfirma AS is acting as legal advisors to AgaTech ASA and Ro Sommernes Advokatfirma DA is acting as legal advisors to Hiddn Security AS.

Contact person:

Chairman of the Board in Hiddn Security AS, Øystein E. Tvenge, +47 9087 0000

Hiddn-offer-161206

Our encryption technology awarded as the best new security product in Norway

The Norwegian encryption specialist Hiddn Security provide hardware-based encryption for data at rest. With Hiddn Security’s encryption solutions you can protect highly sensitive information on laptops and memory sticks. The technology is certified by National Institute of Standards and Technology for the strict security levels for sensitive data and data protection laws in the US.

This week it was announced that the company have been awarded an Outstanding Security Performance Award (OSPA) for best new product. The OSPAs recognise and reward companies and individuals across the security sector. The OSPAs are designed to be both independent and inclusive, providing an opportunity for outstanding performers, whether individuals or companies to be recognised and their success to be celebrated. The award is governed in Norway by The Norwegian Business and Industry Security Council (NSR). This organization is the Norwegian business sector unified effort to combat criminal activity.

“It is huge when businesses themselves state that we add so much value that we have the best security product of the year. This is recognition of our advanced research and development, and serves as a proof point that there is a great need for the best possible security for sensitive mobile data”, said Hiddn Security’s CEO Gudmundur Einarsson.

The criteria for these awards are based on extensive research on key factors that contribute to and characterise outstanding performance. The OSPAs are set up in collaboration with security associations and groups across many countries. The jury notes that “Hiddn SafeDisk is a very good solution for maximal protection for laptops. The product is innovative, user friendly and easy to administrate”.

“This award boosts us with even more energy on our mission to convince global businesses and the public sector that hardware encryption gives the best protection for mobile data. Security is business critical, and it is vital to protect information in the best possible manner. It ought to be an easy decision to invest in solution that is thoroughly proven and used by the global enterprises and public entities that has the strictest demands”, said Einarsson.

“Our solutions are tailored those that need to bring with them confidential and sensitive information when they are outside the office building, or to access critical data whilst travelling. Our encryption can’t be cracked, and the high security levels serves as good guarantee to ensure that information does not fall into the wrong hands, said Einarsson.

Hiddn SafeDisk consists of an encrypted hard drive that comes together with an encryption chip. This makes it easy to use, simple to administrate, and ensures the best data protection for data at rest, commercially available. The smart card contains digital, encrypted keys to unlock the computer. When the user has entered their password, the encrypted key will be sent from the card to the computer to allow the PC to boot. When the computer is closed the key will be deleted and prevent unauthorized access.

With the FIPS 140-2 Level 3 certification, Hiddn’s patented technology comply with regulations within government and authority entities such as federal and local government, the armed forces and those handling sensitive information in the US. Solutions from Hiddn Security meet the strictest security standards for enterprises and organizations such as legal, healthcare, banking, finance, consultants and others that handle sensitive and confidential information.

About Hiddn

Hiddn Security provide hardware-based encryption solutions for data at rest. The solution provides a simple and centralized administration system resulting in reduced cost of ownership for the end user. With Hiddn Security’s encryption solution you can protect highly sensitive information on laptops and memory sticks, without introducing restrictions for the users.

Hiddn Security holds patents in the U.S and are certified to meet the strict regulations in several -countries for secure full disk encryption. All Hiddn Security’s products meets FIPS 140-2 Level 3 standards. Hiddn is listed on the OTC list.

Contacts

Acting CEO Leif Sundsbø, Hiddn Security

Mobile: +47 984 40 400
E-mail: ls@hiddn.no

 

Infinigate appointed New Nordic distributor

A new distribution agreement ensures that 1500 IT-resellers across the Nordics can access market leading encryption technology to secure sensitive mobile data.

One of Hiddn Security’s most important objectives is to spread the message about the many new opportunities that follows investments in solutions to encrypt sensitive data. We have market leading and cutting egde technology, but we need to strengthen our brand recognition in the eyes of security experts across our home region. We have therefore signed what we deem as a business critical Nordic distribution agreement with Infinigate. They are a leading value added distributor (VAD) that offers state-of-the-art IT-security solutions through its European partner network (VARs, integrators, consulting companies, etc.) to secure and protect networks and data.

End to end market leading security

Infinigate delivers everything an enterprise need to secure its infrastructure, from the datacenter to the many end-points such as network security, gateway content security, encryption, identity and access management, managed security and security for cloud computing. They are known as the most security-savvy value-added security distributor in the Nordic countries.

– Our advanced technology must be brought to market by highly skilled experts who can help Nordic companies introduce solutions that secures assets without restricting users. We are very excited about the skills that Infinigate brings to our organization, and look forward to a good working relationship for many years, says Gudmundur Einarsson, CEO of Hiddn Security.

Thomas Hagelid, Managing Director Nordics for Infinigate, says that Hiddn Security delivers the world’s best encryption technology and Infinigate’s aim is to deliver the best security available.

– The encryption technology covers a hole in our portfolio. Although their solutions are easy to understand, such advanced security requires skills and advice to ensure the best administration. We look forward to ensuring that Hiddn Security becomes the preferred standard for all those who want to better protect their data, says Hagelid.

Please contact us if you have any questions regarding this agreement, or if you want to know where you can get hold of our solutions.

Introducing the world’s most secure memory stick

Our new two-factor authentication memory stick meets the strict security regulations in NATO, such as FIPS 140-2 Level 3.

With Hiddn Security’s encryption solutions you can protect highly sensitive information on laptops and memory sticks. The technology is certified by National Institute of Standards and Technology for the strict security levels for sensitive data and data protection laws in the US.

We are now proud to unveil Hiddn coCrypt, the world’s most secure memory stick with a strong two-factor authentication. We have high hopes for this secure memory stick and deem it as the world’s most secure transportation device for sensitive data. It will be highly useful for all those that need to better protect information and data on the move, such as the public sector, within healthcare and armed forces, and enterprises wanting to ensure that data and intellectual property are protected at all times.

New opportunities to “say yes”

To access stored data, you need to insert a smart card and use a password. This password may be decided by the user, and contain letters, numbers and characters. The Hiddn coCrypt memory stick is especially appealing to those that previously have been restricted from working at home, or from bringing sensitive data to meetings. Our encryption can’t be cracked, and our security mechanisms gives market leading protection to keep data from the wrong hands. One need both the password and a smart card to access the content.

This new device will be very important in the years to come when all businesses in EU will have to comply with the General Data Protection Regulation (GDPR), or face fines up to €20 million or 4% of their annual turnover of the preceding financial year. The legislation compels anyone who holds data on EU-citizens to implement adequate security measures to protect data from loss or theft.

Loss of sensitive data can have a devastating effect. It could lead to a hefty fine, the downfall of a business, embarrassment, job losses and adverse media attention. The coCrypt protects you against all of this.

Please contact us if you would like more information on Hiddn coCrypt.

Security features and functions:

  • Replaceable microSD storage: The microSD memory card resides in a slot and can easily be exchanged with another card providing the user with a virtually unlimited storage capacity. By supporting the SDXC standard, up to 2TB of storage is addressable
  • Virus/malware security: coCrypt blocks autorun of applications that might infect a PC with backdoors or malware. coCrypt also blocks firmware upgrade commands from being executed
  • Passphrase Authentication: This enhances security by expanding the character set to include not only digits, but also letters and special characters. Users can change their own passphrase. A PUK can reopen the Smart Card and the user can set a new passphrase. Too many failed attempts to enter a PUK will permanently lock the smart card.
  • Easy to use: A bright, easy to read OLED display informs the user about the status of the device and reduces the risk of operator errors

All products utilize secure smart card technology for storing data encryption keys ensuring that no keys can be compromised. Certification according to FIPS 140-2 Level 3 ensures that coCrypt meets the highest standard set for encryption algorithms and data protection.

Please contact us if you would like more information on where to get hold of Hiddn coCrypt.

Meet our new security and systems engineer

Our partners, customers and future solutions will benefit from Magne Tufte Bøyums vast IT-security experience.

Hiddn have recently welcomed a new colleague. Magne Tufte Bøyum brings with him two decades of hardcore IT-experience when he joins us as security and systems engineer. One of his most important tasks will be to support our customer when they deploy our market leading security solutions for sensitive mobile data, and ensure that they have the best procedures to maintain the highest security standards. He will also be a valuable resource to assist and support Hiddn Security’s global partner channel.

Magne has extensive experience from several of Norways most security sensitive IT-infrastructures, and his skills will be appreciated both internally as amongst our partners and their customers. Bøyum joins Hiddn Security from Evry that is one of the largest IT-providers in the Nordics. He has previously worked for NHST Media Group, and Norwegian IT-resellers and distributors such as Umoe IKT, Computerland, Itegra and Azlan. He has extensive experience with networkingand security technology.

– I love to design strategic security solutions together with skilled partners and customers, especially when it concerns strategic mobility tools that yield vast business benefits. I look forward to assisting partners and customers all over the world introducing security that delivers both safety for sensitive data as well as new opportunities for a mobile workforce, says Bøyum.

Wants to attract security and IT-resellers

With Hiddn Security’s encryption technology, IT-resellers can market the most secure solution for sensitive data. The company wants to build a stronger partner channel in Europe and the US.

Norwegian producer of security and authentication solutions, Hiddn Security have spent decades and millions of US dollars to develop the most secure solution for sensitive data. The company’s encryption solutions are available for PC’s and memory sticks, and have been granted the most prestigious certifications that are available in NATO, such as FIPS 140-2 Level 3 encryption.

Please contact us if you want to market our cutting-edge data security solutions

Secure mobility for sensitive data

Sensitive data and mobility have been counterparts. It’s a fact that data on the move is vulnerable. New threats emerge daily, and corporations need to implement security that is secure by design. Demands to encrypt data and information resonates poorly with a changing workforce that expect to work wherever and whenever it pleases them. Technology from Hiddn Security allows customers to comply with security rules and regulations, simplify administration and reduce costs, and at the same time allow our customers to liberate the internal workforce. This with unique technology that consists of an encrypted hard with an encryption chip. The smart card contains digital, encrypted keys to unlock the computer. When the user has entered their password, the encrypted key will be sent from the card to the computer to allow the PC to boot. When the computer is closed the key will be deleted and prevent unauthorized access.

Read more on our solutions page

Resellers Security and Mobility

Hiddn would like dialogue with resellers that are in the mobility and security segment. We offer standalone solutions that don’t compete with existing solutions in their product portfolio, that also are essential to strengthen functionality in software-based security. By encrypting disks and hardware, our solutions make security a competitive advantage, allowing the public sector and enterprises an IT-flexibility that are unmatched in today’s technology landscape. That is also why we want to engage the most skilled resellers in the market place, and the ones that strive to meet the strictest customer demands.

Benefits of partnering with Hiddn Security

  • We market unique solutions with unmatched technology. This allows resellers to offer the most secure solutions on the market
  • We are channel friendly, and only offer our solutions through resellers
  • Our solutions build customer loyalty since they meet demands no other vendors can, and since some of the solutions are available as a service
  • Our resellers get support for PR and marketing
  • We offer extensive training and access to demo-material
  • We offer sales support
  • Our solutions make it possible to meet even the strictest demands in public tenders, giving our resellers a competitive edge

Read more why you should partner with us on our partner page here

Certified for FIPS 140-2 Level 3 Encryption

Hiddn Security are certified by National Institute of Standards and Technology for FIPS 140-2 Level 3. This means that our solutions comply with the strictest security levels for sensitive data and data protection laws in the US.

Hiddn Security’s patented technology encrypt hardware to ensure the best data protection and rights management. We have a long history of advanced R&D and our technology encrypt information on the US Air Forces’ unmanned surveillance aircraft, Northrop Grumman RQ-4 Global Hawk. We now proudly announce that we have received clearance for the strictest requirement any international vendor are able to achieve.

Level 3 FIPS 140-2 Certification

Hiddn Security’s technology is certified to meet the criteria set forth by federal agency National Institute of Standards and Technology for FIPS 140-2 Level 3 standards. According to Wikipedia these standards “…specifies the security requirements that will be satisfied by a cryptographic module. The standard provides four increasing, qualitative levels of security intended to cover a wide range of potential applications and environments.” The FIPS 140-2 Level 3 certification is probably the most challenging standard we will ever need to comply with. With this certification, customers that handle sensitive and privileged information no longer need to be confined to their desk to execute their work duties. They can securely access content on computers and memory sticks anytime and anywhere. We are very enthusiastic about the certification, and look forward to new ventures in the most important IT market in the world.

Please contact us if you require more information.

Meets the strictest requirements for all corporations

With the FIPS 140-2 Level 3 certification, our technology comply with regulations within government and authority entities such as federal and local government, the armed forces and those handling sensitive information. It is equally important that we also meet the strictest security standards for enterprises and organizations such as legal, healthcare, banking, finance, consultants and others that handle sensitive and confidential information.

Seek partners in the US

We will now build a sales channel in the US and seek relevant security specialists to partner with. We will also increase visibility towards hardware manufactures that may want to integrate Hiddn Security’s technology in their products.

 

Our product consists of an encrypted hard drive together with our unique encryption chip integrated in the computer plus a smart card with a chip. The smart card contains digital, encrypted keys to unlock the computer. When the user has entered their password, the encrypted key will be sent from the card to the computer to allow the PC to boot. When the computer is closed the key will be deleted and prevent unauthorized access.

 

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