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STRO: StrongPoint signs long-term agreement with REMA 1000 to supply CashGuard Cash Management solutions

10:11 / 5 July 2021 StrongPoint Press release

5.7.2021 10:11:13 CEST | StrongPoint | Additional regulated information required
to be disclosed under the laws of a member state

(Oslo, July 5, 2021) StrongPoint has today, following a tender process, signed a
new agreement with Norwegian grocery retailer REMA 1000 to be the sole provider
of cash management solutions over the next 5 years. REMA 1000 has indicated that
the number of units needed will be in between 200 and 1,000 and the agreement
includes the supply, installation, and support of StrongPoint's cash management
solution CashGuard.

"We are proud to have won a tender by a leading grocery retailer and look
forward to a successful roll-out. Cash is used significantly less in Norway than
in other markets but retailers continue to see the need for efficient in-store
cash management solutions that simplifies cash sales, reduces risk and frees up
store staff to focus on customer service," 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 400 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 in-store cash management and payment solutions,
electronic shelf labels, self-checkouts, task and labor management software,
click & collect temperature-controlled grocery lockers, in-store and drive-thru
grocery pickup solutions and, grocery order picking solutions. StrongPoint is
headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue
of 1bn NOK [ticker: STRO].


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Oslo Børs

This information was distributed by Oslo Børs