29 March 2023 | Company announcement No 14-2023

Risk Intelligence A/S (“Risk Intelligence” or the “Company") announces today that the company has signed a license agreement with DHL Freight (“DHL”) for the Risk Intelligence System (LandRisk Logistics) and a project development agreement that will significantly enhance company customisation and integration of data.

DHL announced its negotiations with Risk Intelligence already in January this year, as published in Risk Intelligence’s 23 January press release. With the now signed license for LandRisk Logistics, DHL Freight gets access to incidents, alerts, area, hotspots and country threat assessments, as well as a substantial number of assessments of secure truck parking areas and parking areas that are vital for contingency planning in logistics.

With the additional development agreement, Risk Intelligence and the client will work together to enhance the existing Lane Threat Assessment tool with specific features built for the client that will allow dispatchers to make better security decisions when the plan changes. This bridge between security and operations is a key area for the client, and Risk Intelligence will be working with the client’s security team to deliver a user-friendly interface to make security an embedded part of every journey: providing threat situational overview of selected lanes as well as for alternative routes..

The parties have agreed not to disclose the value of the contract.

CEO Hans Tino Hansen says:

"The agreement with DHL and last month with DSV testifies that we now have traction for LandRisk Logistics with major logistics operators in line with the expectations we had at the launch of the product in 2021. So, I am really pleased to sign this agreement with DHL Freight for LandRisk Logistics and enter a development project that will significantly improve the value we can provide not only to them, but to all future clients of LandRisk Logistics.

We take pleasure in working with logistics operators and see the fusion between security and operations as fundamental to our security products. Risk Intelligence is entering this project with a great appetite for possibilities it brings for all parties involved, and I am certain the new features will attract even more attention to LandRisk Logistics.

For logistics companies to visualise their own security and operational data and make it available at the fingertips of the dispatchers alongside our verified and analysed threat information creates actionable intelligence rather than just data - and provides a significant competitive edge. I am proud of the LandRisk team, the development team, and the commercial team for reaching this significant solution agreement - we are excited to get started.”  

About Risk Intelligence

Risk Intelligence is a security risk intelligence provider delivering security threat and risk analysis to clients all over the world via the cloud-based Risk Intelligence System, as well as consulting services. A large part of Risk Intelligence’s client base is maritime, and these clients currently operate more than 15.4% of the global merchant fleet.

With its headquarters in Hellerup (Copenhagen), Denmark, an office in Singapore, and locations in North America, the dedicated staff of Risk Intelligence works in all major time zones to support their clients’ operations. Since 2018, the company has been listed on the Spotlight Stock Exchange in Stockholm.

The Risk Intelligence System is a digital security intelligence solution developed in close collaboration with global businesses that are established within the fields of shipping, offshore, oil and gas. The digital solution is designed based on insights directly from customers and their needs as well as Risk Intelligence’s experienced security risk analysts and developers’ knowledge of intelligence and assessment needs.

The Risk Intelligence System offers clients a complete picture of immediate, short-, and medium-term security risks for coastal areas, ocean, port, and landside threats. The analysis is focused on insurgency, piracy, organised crime, activism, terrorism, military conflicts, and any interplay between these. Risk Intelligence identifies where serious events arise and presents an assessment of how great the threat is in each area, while at the same time providing 24/7/365 situational awareness with incident reports and alerts. This enables companies to evaluate both current and future security risks in real time and to minimise risks across their operations.

For more information on services and the System:
Please watch our corporate video: Knowing Risk

For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Jim Pascoe, CCO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu

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