StrongPoint

Regulatory Filings • Jan 5, 2015

PSI Group ASA: SQS Security Qube Systems AB has been awarded MNOK 10.4 contract by Cobelguard CIT

PSI Group ASA: SQS Security Qube Systems AB has been awarded MNOK 10.4 contract by Cobelguard CIT

The leading provider of intelligent cash handling solutions for the

international retail, bank and cash in transit (CIT) markets, SQS Security Qube

System AB, has been awarded a contract by Cobelguard. Cobelguard is the fastest

growing CIT company in Belgium and they wanted to further equip their fleet of

vehicles with SQS security cases and intelligent accessories. The deliveries

will be executed during the 1(st) quarter of 2015.

SQS Security Qube System AB is a fully owned subsidiary of PSI Group ASA. The

business unit provides the most advanced products, concepts and protection for

retailers and CIT/ATM operators through permanent defacing of banknotes

subjected to attempted thefts and robberies. SQS has today operations in several

European countries and approximately 80 employees.

"This is a clear indicator that the SQS Security's hard work in quality

improvements and strong innovations has given state of the art performance

within our market segments. Increasing efficiency and security requirements are

key success factors for our customers", says Jorgen Waaler, CEO PSI Group ASA.

About PSI Group

PSI Group's mission: Driving Retailers' profitability by providing innovative

integrated technology solutions.

PSI Group's vision: Becoming a recognized global provider of Retail Technology

Solutions.

PSI Group has it's headquarter in Rælingen and has approximately 580 employees

in the Nordics, the Baltics and the rest of Europe. The company is listed on the

Oslo Stock Exchange. See www.psigroup.no for further information.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1884295]