StrongPoint

StrongPoint ASA: Self-Checkout order worth more than 3 MEUR to a leading retail chain in the Baltics

10.11.2020 08:15:42 CET | StrongPoint | Inside information

(Vilnius, Lithuania, November 10, 2020): StrongPoint has today signed an

agreement with the retail chain Palink (part of REWE Group) to deliver

Self-Checkout solutions worth more than 3 MEUR. Palink (which manages the "IKI"

brand stores in Lithuania) is continuing with the expansion of self-checkout

solutions in its stores.

StrongPoint has previously supplied Palink with self-checkout solutions. This

new order will be delivered in 2021 and installations will be grouped and

staggered over time.

"Technology is the key to providing better shopping experiences and instore

efficiency. We are extremely proud that a valued customer continues to partner

with us to provide world-leading retail technology solutions," says Jacob

Tveraabak, CEO of StrongPoint.

DISCLAIMER

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 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 521 employees in Norway, Sweden, the

Baltics, France, Belgium, Spain and Russia. StrongPoint is headquartered in

Rælingen, Norway, and listed on the Oslo Stock Exchange (ticker: STRONG).

ATTACHMENTS

* Download announcement as PDF.pdf

[https://kommunikasjon.ntb.no/ir-files/17847450/171/192/Download%20announceme

nt%20as%20PDF.pdf]

AI Terminal