StrongPoint receives order for 250 CashGuard units from Bullion IT

06 Dec 2022 15:40 CET

6.12.2022 15:40:01 CET | StrongPoint | Additional regulated information required
to be disclosed under the laws of a member state

(Oslo, 6 December) Bullion IT, StrongPoint's partner in South Africa, has
ordered 250 CashGuard units from StrongPoint, expected to be delivered by the
end of Q2 2023. The end customer is one of the largest banks in South Africa.

The solution, similar to previous deliveries to Bullion IT, includes the
purpose-built integration between 'Retail Suite' software and a bank's back-end
system to provide improved cash prediction, delivery and pickup.

"After multiple orders in the past, Bullion IT continues to purchase and resell
more of our CashGuard solutions. We are proud to continue to support them and
help provide safer, easier and more secure shopping and retail experiences to
people in South Africa. This is another example of the spill over opportunities
for StrongPoint's retail technology solutions outside our normal grocery focus,"
says Jacob Tveraabak, CEO of StrongPoint.

DISCLOSURE REGULATION

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

CONTACTS

* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,
hilde.gilen@strongpoint.com

ABOUT STRONGPOINT

StrongPoint is a grocery retail technology company that provides solutions to
make shops smarter, shopping experiences better and online grocery shopping more
efficient. With over 500 employees in Norway, Sweden, the Baltics, Spain, the UK
and Ireland and together with a wide partner network, StrongPoint supports
grocery and retail businesses in more than 20 countries. StrongPoint provides
in-store cash management and payment solutions, electronic shelf labels,
self-checkouts, task and labor management software, click & collect
temperature-controlled grocery lockers, in-store and drive-thru grocery pickup
solutions and grocery order picking solutions, both manual and automated.
StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange
with a revenue of approx 1bn NOK [ticker: STRO]."

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/1938/2616/Download%20announcement
%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

577484_en_Download announcement as PDF.pdf