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StrongPoint

M&A Activity Mar 15, 2019

3767_iss_2019-03-15_bdc51201-ce8c-4bb4-ad84-8d9e09313eb7.html

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StrongPoint ASA: Reseller agreement in Southeast Asia

StrongPoint ASA: Reseller agreement in Southeast Asia

StrongPoint has entered into an exclusive partnership with Radiant Globaltech

granting them the rights to sell, market and support the whole solution

portfolio of StrongPoint in the Southeast Asian region.

Radiant Globaltech, publicly listed on the Malaysian stock market, is a total

solutions provider focusing on the retail industry. They work with some of the

region's most prominent retail customers.

"Our collaboration with Radiant Globaltech goes back several years", says SVP

Global Partners, Roine Gabrielsson. "They are an established solution provider

in several Asian countries, and with them as a strategic partner, we will gain

not only better geographical reach but also adding capabilities to ensure

success in our current a future roll-outs in the region".

Radiant Globaltech's managing director Paul Yap Ban Foo said "The agreement is a

vote of confidence in the group's ability to market and sell retail technology

solutions in the Southeast Asia region, having established a strong market

presence and effective distribution channels across the region. This would

enable us to gain a bigger market share in the region going forward."

The agreement grants an exclusive right for reselling StrongPoints technology

and solutions for a period of 24 months, starting from March 15, 2019.

For additional information please contact:

Hilde Horn Gilen,

CFO, StrongPoint ASA

Phone +47 920 60 158

About StrongPoint:

StrongPoint's mission: Driving Retailers' productivity by providing innovative

integrated Technology Solutions enabling retailers to perform to their full

potential.

StrongPoint has its headquarter at Rælingen, and has approximately 540 employees

in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain, Russia and

Malaysia. StrongPoint has the ticker "STRONG" on Oslo Stock Exchange. For

further information: www.strongpoint.com

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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