Press release
Agreements regarding the commercialization of SSH Firewall technology between SSH.COM and State Security Networks are in effect
Helsinki, Finland – August 17, 2018 –SSH Communications Security Corp. (“SSH”) and State Security Networks have completed all closing actions for the joint arrangement announced on June 21, 2018. All agreements related to this arrangement have come into force.
As part of the arrangement, State Security Networks became a minority shareholder in Kyberleijona Ltd. Board of directors, representing both parties, is elected and the company is now fully operative.
SSH will act as the sales partner for Kyberleijona Ltd. and provides the necessary product development, support, and administrative services.
This arrangement and the received certification from National Cyber Security Authority enable the use of SSH NQX to protect critical Finnish networks. It also gives more resources to commercialize and further develop the SSH firewall technology for networks critical for national security.
SSH NQX™ is a combined firewall and VPN appliance that protects ICT systems and networks from unauthorized usage and interference. It provides strong encryption for Ethernet frames and IP packets using technologies that are compatible with future post-quantum cryptography algorithms (Quantum Ready). More information can be found at SSH NQX.
The development of firewall-related business will be separately commented on in future quarterly results announcements and annual reports.
About SSH Communications Security
SSH.COM helps organizations access, secure, and control their digital core – their critical data, applications, and services. We have over 3,000 customers worldwide, including 40 percent of Fortune 500 companies, many of the world's largest financial institutions, and major organizations in all verticals. We are committed to helping our customers thrive in the cloud era with solutions that offer secure access with zero inertia, zero friction, and zero credentials risk. SSH.COM sells online; through offices in North America, Europe, and Asia; and a global network of certified partners. The company's shares (SSH1V) are quoted on the NASDAQ Helsinki. For more information, visit www.ssh.com.
For more information:
SSH Communications Security Corporation
Jussi Mononen, VP Business Development
jussi.mononen@ssh.com
tel. +358 45 6154855
