Regulatory Filings • Feb 23, 2015
Regulatory Filings
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PSI Group ASA: CashGuard is awarded contract with Swedish fuel station chain OKQ8
CashGuard has been selected by OKQ8 as its preferred supplier of cash management
solutions. OKQ8 has 700 fuel stations in Sweden, and 40 stations designed for
trucks.
OKQ8 began installing CashGuard in 2013. Since then, the collaboration has
expanded. OKQ8 has decided to replace other cash management solutions and
exclusively install CashGuard. The order for 2015 is worth a total of MSEK 10.
"The collaboration with CashGuard ensures a safe and easy monetary process which
both our customers and employees benefits from," says Torbjörn Hage, Retail
Security Manager at OKQ8.
This contract with OKQ8, is the second agreement with a large petrol chain
recently. The first was announced at December 19th 2014.
"It's clear that the big players in the fuel station segment have realised the
benefits they will enjoy from implementing CashGuard's cash management solutions
in their business," said Jørgen Waaler, CEO of PSI Group - CashGuard's parent
company.
About PSI Group
PSI Group's mission: Driving Retailers' productivity 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 570 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#1896513]
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