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STRO: NorgesGruppen orders 110 MNOK of Pricer Electronic Shelf Labels from StrongPoint

10:00 / 12 February 2021 StrongPoint Press release

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.


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


* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,


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].


* Download announcement as PDF.pdf
Oslo Børs

This information was distributed by Oslo Børs