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STRO: Grocery retailer Alphamega orders 37 MNOK of Electronic Shelf Labels from StrongPoint

12:15 / 30 May 2024 StrongPoint Press release

30.5.2024 12:15:00 CEST | StrongPoint | Additional regulated information
required to be disclosed under the laws of a member state

(Oslo, 30 May 2024) StrongPoint has signed an agreement with the Cyprus-based
grocery retailer Alphamega to install Electronic Shelf Labels in all its stores.
The value of the contract is approximately 37 MNOK and the rollout is expected
to be spread out over the next 2 years.

Alphamega is the largest grocery retailer in Cyprus and has already purchased
and integrated StrongPoint's Order Picking, Grocery Lockers and Delivery Manager
software to manage e-commerce orders. Electronic Shelf Labels is Alphamega's
fourth solution purchased from StrongPoint.

On average, in Sweden, Norway and the Baltics, StrongPoint's top 10 customers
use 4.7 solutions. Grocery retailer Alphamega is now close to this average too.
The growth of the solution base for this customer underlines StrongPoint's
business model to expand customer engagement and act as a trusted advisor,
deepening the trust and relationship.

"We are extremely proud that Alphamega has chosen StrongPoint as its sole
Electronic Shelf Label partner, and we are looking forward to the installation.
What sets StrongPoint apart is the breadth of our solution portfolio, allowing a
customer like Alphamega to grow and use a single partner to provide a wide
variety of business-critical technologies," said Jacob Tveraabak, CEO of

The Electronic Shelf Labels are sourced from Pricer, StrongPoint's long-standing
partner, and rollout of the project is expected to begin in 2024 and be
completed by 2026.


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


* Jacob Tveraabak, CEO StrongPoint ASA, +47 908 21 370,


StrongPoint is a grocery retail technology company that provides solutions to
make shops smarter, shopping experiences better and online grocery shopping more
efficient. With over 500 employees in Norway, Sweden, the Baltics, Finland,
Spain, the UK and Ireland and together with a wide partner network, StrongPoint
supports grocery and retail 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, both manual and automated.
StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange
with a revenue of approx 1.4bn NOK [ticker: STRO].


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Oslo Børs

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