STOCKHOLM, Nov. 11, 2019 /PRNewswire/ -- In
partnership with Thales Belgium INVISIO has received an expected
follow-up order from the Belgian army for communication and hearing
protection systems. The order value for INVISIO is SEK 25 million and deliveries are planned for the
fourth quarter of 2019 and the first half of 2020.
In October 2019 INVISIO won the
Belgian army's procurement contract for communication and hearing
protection solutions. The program aims to protect soldiers' hearing
while improving their communication capacity in critical
environments.
The order received is the expected follow-up order announced
earlier.
It was received in partnership with Thales Belgium, the main
contractor for the program.
"Winning the Belgian army's contract in October is significant
for INVISIO in that it is one of several indications that the
defense and security industry is starting to increase its focus on
the need for communication and hearing protection in critical
environments. This expected follow-up order means that the
partnership is developing according to plan", says Lars Højgård
Hansen, CEO of INVISIO Communications.
For further information, please contact:
Lars Højgård Hansen, President and CEO, INVISIO
Communications
Mobile: +45-5372-7722 | Email: lhh@invisio.com
Michael Peterson, Director
Investor Relations & Corporate Communication,
INVISIO Communications
Mobile: +45-5372-7733 | Email: mpn@invisio.com
This information is information that INVISIO Communications AB
(publ) is obliged to disclose under the EU Market Abuse Regulation.
The information was released for public disclosure, through the
agency of the President/CEO, on November 11,
2019, at 08.30 CET.
About INVISIO Communications AB (publ)
INVISIO develops and sells advanced communication systems that
enable professionals in noisy and mission critical environments to
communicate, protect their hearing and work effectively. The
company combines specialist knowledge in acoustics and hearing with
broad engineering know-how in software, materials technology and
integration. Sales are via the headquarters in Copenhagen and sales offices in the
USA, France and Italy as well as via a global network of
partners. INVISIO's registered office is in Stockholm, Sweden and the company is listed on
Nasdaq Stockholm (IVSO). Additional information is available on the
company's website www.invisio.com.
About Thales
Thales (Euronext Paris: HO) is a global technology leader
shaping the world of tomorrow today. The Group provides solutions,
services and products to customers in the aeronautics, space,
transport, digital identity and security, and defence markets. With
80,000 employees in 68 countries, Thales generated sales of €19
billion in 2018 (on a pro forma basis including Gemalto). Thales is
investing in particular in digital innovations - connectivity, Big
Data, artificial intelligence and cybersecurity - technologies that
support businesses, organisations and governments in their decisive
moments. www.thalesgroup.com
About Thales in Belgium
Thales has served the Belgian defence, security, space and
transportation markets for more than 50 years. Today, the Group
employs more than 800 people at seven sites across Belgium: in Brussels, Charleroi, Genk, Herstal, Leuven,
Hasselt and Tubize. Thales supports Belgium's critical infrastructure and service
providers (energy, transport, telecoms, banking, water) in their
efforts to combat cyberthreats. The company's engineers and experts
work alongside customers to provide tailored data encryption
solutions and cybersecurity services.
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INVISIO receives
follow-up order for SEK 25 million from the Belgian army
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SOURCE INVISIO Communications AB