Stockholm, May 24, 2018
INVISIO has received another order for communication equipment from the U.S. Army’s Security Force Assistance Brigades (SFAB). The order is valued approximately SEK 20 million and is the third consecutive order from the same customer in a short time. Deliveries will take place during the second half of 2018.
The order is an important reference in the modernization of communication equipment that is ongoing globally within defense and security. INVISIO's systems address the initiative by ensuring a good hearing protection while allowing the user to communicate with maintained situational awareness in extreme environments.
“It is outstanding to see the US Army equipping additional SFABs with our communication systems. It proves that they have confidence in us and that our systems meet the communication needs of users in mission-critical environments. For military and security forces, hearing, communication and situational awareness play a crucial role for safety and operational capacity,” said Lars Højgård Hansen, CEO of INVISIO.
In December 2017, INVISIO announced two orders of a total order value of about SEK 30 million from the same customer. All orders comprise communications system with control units and headsets for use with a radio.
The Security Force Assistance Brigades are specialized units whose core mission is to conduct advise-and-assist operations with allied and partner nations. Soldiers in SFABs are highly trained and will help brigade combat teams build readiness by freeing them from advisory missions.
For more information, please contact:
Lars Højgård Hansen, CEO, INVISIO Communications
Mobil: + 45 53 72 7722 | E-mail: lhh@invisio.com
Tina Dackemark Lawesson, Director Investor Relations & Corporate Communications
Mobil: + 45 53 72 7733 | E-mail: tdl@invisio.com
This information is information that INVISIO Communications AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the CEO, on May 24, 2018, at 8.30 CET.
About INVISIO Communications AB (publ)
INVISIO develops and sells advanced communication systems with hearing protection that enable professionals in noisy and mission critical environments to communicate and operate effectively. The company combines insights in acoustics and human hearing with broad engineering know-how in software, materials technology and interface, among others. Sales are primarily via a global network of partners and resellers, as well as from the headquarters in Copenhagen and the sales offices in the USA, France and Italy. INVISIO's registered office is in Stockholm, Sweden, and the company's share is listed on Nasdaq Stockholm (IVSO). Read more at www.invisio.com.
Attachment
