StrongPoint

M&A Activity • Sep 15, 2022

StrongPoint ASA: StrongPoint signs agreement worth over 1 MEUR with leading retailer in Baltics

StrongPoint ASA: StrongPoint signs agreement worth over 1 MEUR with leading retailer in Baltics

15.9.2022 10:35:37 CEST | StrongPoint | Additional regulated information

required to be disclosed under the laws of a member state

(Vilnius, Lithuania, September 15, 2022), StrongPoint has won a competitive

tender with a leading retailer in the Baltics specializing in 'Do it yourself'

(DIY) for the implementation, service and support of Enterprise Resource

Planning and Point of Sale software and hardware solutions. The project value is

above 1 MEUR and is expected to start in Q1 2023.

"That we have won this competitive tender with a new client is a testament to

StrongPoint Baltic's reputation for world-class customer service and retail

technology expertise. By breaking into a new vertical, we are proving that we

have spillover opportunities further to our core focus on the grocery retail

industry," 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/17847450/1749/2344/Download%20announcement

%20as%20PDF.pdf