Brief: SSH Signs 3-Year Deal With Financial Services Institution In Singapore

SSH Communications Security Oyj

02/11/2021 13:20

Nov 2 (Reuters) - SSH Communications Security Oyj  SSH1V.HE :
    * LEADING FINANCIAL SERVICES INSTITUTION IN SINGAPORE ENTERS IN A THREE-YEAR TECTIA AND
TECTIA
QUANTUM LICENSE AGREEMENT WITH SSH
    * LEADING FINANCIAL SERVICES INSTITUTION IN SINGAPORE ENTERS IN A THREE-YEAR TECTIA AND
TECTIA
QUANTUM LICENSE AGREEMENT WITH SSH
    * PURCHASE AGREEMENT OF A MULTI-YEAR RENEWAL OF EXISTING LICENSE BASE AND  EXPANSION
PURCHASE OF
NEW TECTIA LICENSES
    * AGREEMENT CONSISTING ALSO OF RIGHT TO MIGRATE LICENSE BASE TO TECTIA QUANTUM WHEN IT
BECOMES
GENERALLY AVAILABLE
    * TOTAL CONTRACT VALUE IS OVER 1 MEUR OUT OF WHICH ROUGHLY 0,35 MEUR IS NEW LICENSE REVENUE
RECOGNIZED IN Q4/2021

Source text for Eikon:  ID:nGNE5H5RmQ 
Further company coverage:  SSH1V.HE 

 (Gdansk Newsroom)
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