StrongPoint

StrongPoint signs long-term agreement with REMA 1000 to supply CashGuard Cash Management solutions

5.7.2021 10:11:13 CEST | StrongPoint | Additional regulated information required

to be disclosed under the laws of a member state

(Oslo, July 5, 2021) StrongPoint has today, following a tender process, signed a

new agreement with Norwegian grocery retailer REMA 1000 to be the sole provider

of cash management solutions over the next 5 years. REMA 1000 has indicated that

the number of units needed will be in between 200 and 1,000 and the agreement

includes the supply, installation, and support of StrongPoint's cash management

solution CashGuard.

"We are proud to have won a tender by a leading grocery retailer and look

forward to a successful roll-out. Cash is used significantly less in Norway than

in other markets but retailers continue to see the need for efficient in-store

cash management solutions that simplifies cash sales, reduces risk and frees up

store staff to focus on customer service," said Jacob Tveraabak, CEO of

StrongPoint ASA.

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 retail technology company that provides solutions to make shops

smarter, shopping experiences better and online grocery shopping more efficient.

With over 400 employees in Norway, Sweden, the Baltics and Spain and together

with a wide partner network, StrongPoint supports 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. StrongPoint is

headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue

of 1bn NOK [ticker: STRO].

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847450/693/891/Download%20announcement%2

0as%20PDF.pdf

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