StrongPoint

Regulatory Filings • Dec 22, 2014

PSI Group ASA: CashGuard beats the competition in South Africa with largest single-store order ever

PSI Group ASA: CashGuard beats the competition in South Africa with largest single-store order ever

The President Hyper supermarket company in South Africa has decided to replace

their current cash management system with CashGuard in their second store. The

agreement includes CashGuard solutions for 55 checkouts for one store outside

Johannesburg - hence the largest single CashGuard order for one store ever.

"This is another example of CashGuard beating the competition on providing the

most reliable and efficient cash management solution for the retail industry,"

says Jørgen Waaler, CEO of PSI Group ASA.

The sale was made by PSI Group's partner in South Africa, Bullion IT - who also

completed the installation in only 20 hours.

"President Hyper soon realised that they needed CashGuard's speed and durability

to achieve the desired business benefits of a cash management system," said

Clive Strover, CEO of Bullion IT.

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 is a leading European provider of retail technology, and has approx.

580 employees. 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#1882504]