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StrongPoint

Business and Financial Review May 29, 2018

3767_iss_2018-05-29_04a6e2e4-fe03-4e70-b89a-fc506990d779.html

Business and Financial Review

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StrongPoint ASA: Alimerka has opted to buy the remaining contract value at EUR 3 700 000

StrongPoint ASA: Alimerka has opted to buy the remaining contract value at EUR 3 700 000

On February 2(nd), 2016, Alimerka supermarket stores in Spain and StrongPoint

entered into a "cash management as a service" contract.

A total of 725 systems have been installed - 225 systems more than planned in

2016. The rollout has been a huge success, and after renting the systems for

more than two years, Alimerka has opted to buy the remaining contract value at EUR

3 700 000 due on May 31(st).

StrongPoint's positive cash flow from this transaction is equal to the

transaction value. There will also be a positive EBT effect in the range of NOK

15-20 million booked in Q2.

The service level agreement (SLA) and the software license agreement will

continue through contract life.

"The Alimerka reference has boosted CashGuard sales in Spain. Our Spanish

StrongPointers are doing a fantastic job" says Jørgen Waaler, CEO StrongPoint

ASA.

For more information, please visit www.strongpoint.com or contact:

For more information, please contact:

Jørgen Waaler

CEO StrongPoint ASA

Phone: +47 90 59 00 10

[email protected]

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 570 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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