StrongPoint

Regulatory Filings • Jun 25, 2024

Leading US grocery retailer advances to next phase and expands StrongPoint locker installations

Leading US grocery retailer advances to next phase and expands StrongPoint locker installations

25.6.2024 14:24:52 CEST | StrongPoint | Non-regulatory press releases

(Oslo, 25 June 2024) A top tier leading US-based grocery retailer has ordered

additional grocery lockers from StrongPoint as it moves from pilot phase to

'proof of economy' where they will evaluate the economic benefits at larger

scale.

This new order follows the 20 temperature-controlled grocery lockers ordered by

the same grocery retailer in December 2022. The new order is for 35 grocery

locker installations for its 'proof of economy'. If deemed successful, the next

phase could involve a further roll-out.

The order comes via StrongPoint's partner, US value-added reseller, Peak

Technologies.

"We are thrilled that one of the leading US grocery retailers is progressing

from pilot to 'proof of economy' with StrongPoint's grocery lockers. It's

exciting to see the massive success of grocery lockers in Sweden now being

mirrored in the USA. This is another example of how, working with our esteemed

partner in the USA, Peak Technologies, we are able to sell beyond our core

markets in Europe," said Jacob Tveraabak, CEO of StrongPoint.

"We continue to collaborate with StrongPoint because we have consistently

admired the superior quality of their solutions. StrongPoint understands the

critical importance of every second in grocery e-commerce and the quality of

their grocery lockers is truly world-class. We look forward to continuing our

strategic partnership and serving our US customers with the very best in retail

grocery technologies," said Pete Grimes, Senior Vice President of Peak

Technologies, Inc.

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 over 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/17847450/18158601/4699/Download%20announce

ment%20as%20PDF.pdf