StrongPoint

StrongPoint ASA: Coop Norge orders 140 MNOK of Pricer Electronic Shelf Labels from StrongPoint

31.5.2021 11:00:00 CEST | StrongPoint | Inside information

(Oslo, May 31, 2021) StrongPoint has today signed a new agreement with Coop

Norge, to supply and install Pricer Electronic Shelf Labels (ESL).

The agreement means that StrongPoint will be the only provider supplying ESL to

Coop Norge from January 2021 until December 2022. The estimated value of the

agreement is NOK 140 million, excluding the cost of installation and future

technical support.

"We are proud to continue to provide retail technology value to our

long-standing customer Coop Norway. This was a competitive tender and our

winning bid is a testament to our proven track record of providing world-class

solutions, outstanding customer service and innovation in the retail technology

space," said Jacob Tveraabak, CEO of StrongPoint ASA.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

CONTACTS

* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,

ABOUT STRONGPOINT

StrongPoint is a retail technology company that provides solutions to make shops

smarter, shopping experiences better and online grocery shopping more efficient.

With over 450 employees in Norway, Sweden, the Baltics and Spain and together

with a wide partner network, StrongPoint supports businesses in more than 20

countries. StrongPoint provides cash management and payment solutions,

electronic shelf and adhesive labels, click & collect temperature-controlled

grocery lockers, self-checkouts, and in-store and warehouse grocery picking

solutions. StrongPoint is headquartered in Norway and is listed on the Oslo

Stock Exchange with a revenue of 1,1bn NOK [ticker: STRO].

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847450/609/826/Download%20announcement%2

0as%20PDF.pdf

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