StrongPoint

StrongPoint ASA: Self-Checkout order worth more than 1 MEUR to a leading retail chain in the Baltics

(Vilnius, Lithuania, July 14, 2020): StrongPoint has today signed an agreement

with the retail chain Palink (part of REWE Group) to deliver Self-Checkout

solutions for more than 1 MEUR.

Palink (managing "IKI" brand stores in Lithuania) moves forward with an

extensive self-checkout expansion. StrongPoint has already delivered multiple

instalments to Palink, and this order will be delivered and installed during

second half of 2020.

"StrongPoint has a broad and thorough experience in delivering self-checkout

solutions in the Baltics over the past years, and our team has proven that we

are a true partner during technology changes. We are proud that we are allowed

to continue to support our customers' journey for a more efficient shopping

experience" says Jacob Tveraabak, CEO of StrongPoint.

For additional information please contact:

Jacob Tveraabak

CEO, Strongpoint ASA

Phone: +47 908 21 370

Hilde Horn Gilen

CFO, StrongPoint ASA

Phone +47 920 60 158

About StrongPoint | www.strongpoint.com (http://www.strongpoint.com)

StrongPoint is driving productivity for European retailers by providing

innovative, integrated technology solutions for multi-channel retailing based on

long-standing relationships with customers and partners. StrongPoint is also a

leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for

customers in Norway and Sweden. StrongPoint offers best-in-class service and

consultancy expertise through its team of 512 employees in Norway, Sweden, the

Baltics, France, Belgium, Spain and Russia. StrongPoint is headquartered in

Rælingen, Norway, and listed on the Oslo Stock Exchange (ticker: STRONG).

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

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