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STRO: StrongPoint receives order for 250 CashGuard units from Bullion IT

16:45 / 22 September 2021 StrongPoint Press release

22.9.2021 16:45:16 CEST | StrongPoint | Inside information

(Rælingen, Norway, September 22th, 2021): Bullion IT, StrongPoint's partner in
South Africa, has ordered 250 CashGuard units from StrongPoint.

Bullion IT has today placed an order for 250 CashGuard units from StrongPoint to
be delivered as of Q1 2022. The end customer is one of the largest banks in
South Africa. The solution, similar to previous deliveries to Buillion IT,
includes the purpose-built integration between 'Retail Suite' software and a
bank's back-end system to provide improved cash prediction, delivery and pickup.

"Bullion IT continues to be one of our most established CashGuard partners and
we are happy to see that StrongPoint's cash management solution continues to fit
the local market needs. Automated cash management, together with advanced cash
forecasting, substantially reduces the cost of cash payments and improves
security for staff, customers and cash-in-transit." says Jacob Tveraabak, CEO of


This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Ann Merete Stabell, group controller in
StrongPoint ASA, on 22 September 2021 at 16:45 CET.


* 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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