StrongPoint

Regulatory Filings • Jul 4, 2019

StrongPoint Pressrelease: Partner contract with Exclusivas Iglesias in Portugal

StrongPoint Pressrelease: Partner contract with Exclusivas Iglesias in Portugal

(Madrid, Spain, July 4th 2019): StrongPoint and Exclusivas Iglesias signed a partnership agreement, granting Exclusivas Iglesias the rights to sell StrongPoint solutions in Portugal. The agreement grants an exclusive right to sell StrongPoint’s Cash Management systems to small retail customers and customers within the hospitality segment, and a non-exclusive right to sell all other StrongPoint solutions in Portugal.

“Iberia is one of StrongPoint's three focus areas. Portugal represents a new market for us, yet it is a natural stepping stone from Spain. Our approach is to partner with companies with a strong presence when we enter new markets. I believe Exclusivas Iglesias, with their long and profound experience from the retail market in Portugal, will succeed with our common ambitious goals in the region", says Jacob Tveraabak, CEO of StrongPoint.”

Exclusivas Iglesias was founded in 1982 with headquarters in Galicia, Portugal, and has a wide distributor network all over Spain and Portugal. The company has over 100 employees focusing on efficiency and productivity for retailers, and have the technological knowledge enabling sale of StrongPoint E-commerce solutions.

Exclusivas Iglesias has committed to sell at least 100 Cash Management units in Portugal each year going forward. The company will approach each vertical of the market such as hospitality, tobacco shops, bakeries, petrol stations etc. The ambition is that Iglesias’ experience in the technological field will also open the Portuguese market to StrongPoint solutions within self-checkout-solutions, instore productivity and E-commerce.

For additional information please contact:

Hilde Horn Gilen CFO, StrongPoint ASA

Mail: hilde.gilen@strongpoint.com

Phone +47 920 60 158

About StrongPoint | www.strongpoint.com (http://www.strongpoint.com)

StrongPoint is driving productivity for European retailers by providing innovative, integrated technology solutions for multi-channel retailing based on long-standing relationships with customers and partners. StrongPoint is also a leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for customers in Norway and Sweden. StrongPoint offers best-in-class service and consultancy expertise through its team of 525 employees in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain and Russia. StrongPoint is headquartered in Rælingen, Norway, and listed on the Oslo Stock Exchange (ticker: STRONG).