StrongPoint Follow

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,
   hilde.gilen@strongpoint.com 

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]

This information was distributed by Oslo Børs https://www.oslobors.no/