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StrongPoint ASA: 500 Cash Guard units to BULLION it

StrongPoint ASA: 500 Cash Guard units to BULLION it

(Rælingen, Norway, November 29th, 2019): BULLION it, our partner in South Africa, has ordered 500 Cash Guard units from StrongPoint.

"Bullion is one of our most established CashGuard partners and we are delighted with their success on the South African market. Our CashGuard solution is very well suited for markets like South Africa, where cash security is of high importance, which this order from Bullion really proves.” says Jacob Tveraabak, CEO of StrongPoint.

Bullion has ordered 500 CashGuard units for delivery first half of 2020, with end delivery to one of the biggest banks in South Africa. StrongPoint will integrate its cloud based central management software - Retail Suite - with the bank’s back-end systems for cash prediction, delivery and pickup.

Automated cash management, together with advanced cash forecasting, substantially reduce the cost of cash payments and at the same time improve security for staff, customers and CIT.

ENDS

For additional information please contact:

Hilde Horn Gilen

CFO, StrongPoint ASA

Mail: hilde.gilen@strongpoint.com

Phone +47 920 60 158

About StrongPoint | www.strongpoint.com

StrongPoint is driving productivity for European retailers by providing innovative, integrated technology solutions for multi-channel retailing based on long-standing relationships with customers and partners. StrongPoint is also a leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for customers in Norway and Sweden. StrongPoint offers best-in-class service and consultancy expertise through its team of 519 employees in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain and Russia. StrongPoint is headquartered in Rælingen, Norway, and listed on the Oslo Stock Exchange (STRONG.OL).

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.