(Nedre Vats, 24 October 2022): AutoStore Holdings Ltd. (AutoStore, OSE:AUTO) the
robot technology company that invented, and continues to pioneer, cubic storage
automation, has received its first order for a multi-temperature grid, now also
including a frozen temperature zone. The new grocery offering enables retailers
to achieve next-level warehouse efficiency and creating a better work
environment for employees by decreasing exposure to cold temperatures as well as
substantially decreasing energy costs.

"Managing grocery retail supply chains comes with unique challenges and demands
specialized knowledge. The multi-temperature grid is one of our latest
innovations, and we are excited to share this technology with our partners and
customers. Our goal is to expand further within the grocery retail space," says
AutoStore CEO, Karl Johan Lier.

StrongPoint, a trusted AutoStore-partner since 2021, will install the multi
-temperature grid for the Norwegian food distribution company, DLVRY, in a
facility based in Sveio, Norway. The installation is set to start in the first
quarter of 2023.

"This is a proud day for StrongPoint as we have the honour to design and install
the world's first fully integrated AutoStore-system that can handle all three
temperature zones needed for grocery retail. We look forward to leveraging our
35+ years' collective experience to create a solution that is purpose-built for
food distribution at the highest possible levels of efficiency," says
StrongPoint CEO, Jacob Tveraabak.

The multi-temperature grid includes three temperature zones: ambient, chilled
and frozen. The purpose behind the advanced technology is to meet increasing
frozen food demands and enabling grocery retailers who are automating their e
-grocery fulfilment services to replace their manual picking of frozen items.

Backed by the latest AutoStore technology, the multi-temperature grid can be
installed in multiple discrete temperature zones ranging down to sub-zero
temperature (-25 °C / -13 °F) and allows both fresh and frozen goods to be
picked from the chilled-temperature zone (2 °C / 35.6 °F). The technology will
create safer work conditions, as operators can stay outside the frozen
environment when working.

About AutoStore

AutoStore, founded in 1996, is a robot technology company that invented, and
continues to pioneer, cube storage automation - the densest product/inventory
storage solution in existence. The company's focus is to marry software and
hardware with human abilities to create the future of warehousing. AutoStore is
global, with more than 950 systems installed in +45 countries over a wide range
of industries. All sales are designed, installed, and serviced by a network of
qualified system integrators - which AutoStore calls 'partners'. The company
headquarters is in Nedre Vats, Norway, with offices in Oslo (Norway), the U.S.,
UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, and Singapore.
Learn more at www.autostoresystem.com

About StrongPoint

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, 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 ~1bn NOK [ticker: STRO]. Learn more at www.strongpoint.com

For more information, please contact:

Hiva Ghiri, VP Investor Relations, +47 958 66
790, hiva.ghiri@autostoresystem.com

Hansine Korslien Lyngøy, VP Communications, +47 482 48
642, hansine.lyngoy@autostoresystem.com

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange