The Board of Directors of Addvalue Technologies Ltd. announced that the Group's reconfigurable embedded system business ("RES")-related business (the "RES-Related Business"), riding on its in-house FPGA-based re-configurable hardware development capability, has procured another new order with an established customer for its proprietary Software Defined Radio module for agile communications applications, thereby bringing its total secured order to date to SGD 1.7 million from both government agencies and commercial enterprises since the start of the Covid-19 pandemic in early 2020. For reasons of commercial sensitivity, the Company is not at liberty for the time being to disclose the identity of the said customer.