StrongPoint Follow

One of the biggest grocery chains in the Baltics has chosen StrongPoint as supplier of Pricer Electronic Shelf Labels (ESL) for their stores. The first part of the order consists of pilots in each of the three countries, with a potential of delivering to all stores in the chain. The agreement is for ESL for certain departments in the stores and has a value of up to MEUR 1,5.

The deliveries are expected to start this year, and to be completed by the end of 2020.

«Our dedicated and hardworking team in the Baltics has ensured the first major order for ESL for StrongPoint outside Norway and Sweden», says Jacob Tveraabak, CEO in StrongPoint ASA.

For more information, please contact:

Anders Nilsen
CFO StrongPoint ASA
Phone: +47 932 59 410

About StrongPoint:

StrongPoint's mission: Driving Retailers' productivity by providing innovative integrated Technology Solutions enabling retailers to perform to their full potential.

StrongPoint has its headquarter at Rælingen, and has approximately 540 employees in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain, Russia and Malaysia. StrongPoint has the ticker "STRONG" on Oslo Stock Exchange. For further information: www.strongpoint.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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Source: StrongPoint ASA via Globenewswire

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