StrongPoint

StrongPoint ASA: NorgesGruppen order ESL for 200 stores

(Rælingen, Norway, July 2(nd), 2020): StrongPoint and NorgesGruppen, the largest

grocery retailer in Norway, has today signed an extension of agreement and

placed an order for Electronic Shelf Labels (ESL) from Pricer for 200 stores.

The value of the order is approximately MNOK 70. Deliveries are expected to be

completed during 2020. The agreement includes an option for delivery of ESL to

additional stores in 2021.

«We are very pleased that NorgesGruppen has chosen to place an order for ESL

from StrongPoint for 200 stores, with an option of additional stores for

delivery in 2021. This shows that long-term cooperation and commitment to

deliver market-leading solutions pays off», says Jacob Tveraabak, CEO in

StrongPoint ASA.

ENDS

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 520 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.

AI Terminal