Leading Baltic-based grocery retailer IKI orders EUR 1.5 million of self-checkouts from StrongPoint

12 Dec 2024 08:00 CET

12.12.2024 08:00:01 CET | StrongPoint | Additional regulated information
required to be disclosed under the laws of a member state

(Oslo, 12 December 2024) One of the largest grocery retailers in Lithuania, IKI
(part of REWE Group), has placed an order with StrongPoint to supply and install
self-checkout solutions in its stores. The order is valued at approximately EUR
1.5 million. The agreement does not include implementation and future technical
support. Delivery and installation are planned for 2025.

This investment reflects the retailer's commitment to enhancing customer
convenience and streamlining operations through self-checkout solutions.

IKI was the first retailer in the region to introduce self-checkouts more than
15 years ago, setting a new standard for convenience and efficiency in the
shopping experience. This pioneering move has not only enhanced customer
satisfaction but also streamlined operations within their stores.

"We are proud that after introducing the first self-checkouts in the Baltics
with IKI in 2008, we are continuing our cooperation until today. Their
leadership in adopting self-checkout systems shows their dedication to
maintaining a competitive edge in the market," says Rimantas Mazhulis, SVP of
StrongPoint Baltics.

DISCLOSURE REGULATION

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

CONTACTS

* Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690,
marius.drefvelin@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 approx 500 employees in Norway, Sweden, the Baltics, Finland,
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 1.4bn NOK [ticker: STRO].

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18356867/5403/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

634426_Download announcement as PDF.pdf