StrongPoint

StrongPoint receives order for 250 CashGuard units from Bullion IT

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,

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

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