StrongPoint

NorgesGruppen orders 110 MNOK of Pricer Electronic Shelf Labels from StrongPoint

12.2.2021 10:00:00 CET | StrongPoint | Inside information

StrongPoint AS has today signed a new agreement with NorgesGruppen, the largest

grocery retailer in Norway, to supply and install Electronic Shelf Labels (ESL)

from Pricer to 350 of its stores. The value of the order is approximately NOK

110 million, excluding the cost of installation and future technical support.

The ESLs will be delivered and installed to NorgesGruppen's stores between Q1,

2021 and Q4, 2023.

"Over the past months StrongPoint has proven its ability to continue to deliver

technology solutions without interruption under difficult circumstances whilst

ensuring the highest levels of safety and security. We are proud that

NorgesGruppen continues to choose StrongPoint to supply, install and support

Pricer's Electronic Shelf Labels and look forward to a safe and successful

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

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 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 self-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/17847450/312/377/Download%20announceme

nt%20as%20PDF.pdf]

AI Terminal