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StrongPoint ASA: Coop Norge orders 140 MNOK of Pricer Electronic Shelf Labels from StrongPoint

11:00 / 31 May 2021 StrongPoint Press release

31.5.2021 11:00:00 CEST | StrongPoint | Inside information

(Oslo, May 31, 2021) StrongPoint has today signed a new agreement with Coop
Norge, to supply and install Pricer Electronic Shelf Labels (ESL).

The agreement means that StrongPoint will be the only provider supplying ESL to
Coop Norge from January 2021 until December 2022. The estimated value of the
agreement is NOK 140 million, excluding the cost of installation and future
technical support.

"We are proud to continue to provide retail technology value to our
long-standing customer Coop Norway. This was a competitive tender and our
winning bid is a testament to our proven track record of providing world-class
solutions, outstanding customer service and innovation in the retail technology
space," 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 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].


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