6.12.2022 15:40:01 CET | StrongPoint | Additional regulated information required to be disclosed under the laws of a member state

(Oslo, 6 December) Bullion IT, StrongPoint's partner in South Africa, has ordered 250 CashGuard units from StrongPoint, expected to be delivered by the end of Q2 2023. The end customer is one of the largest banks in South Africa.

The solution, similar to previous deliveries to Bullion 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. 

"After multiple orders in the past, Bullion IT continues to purchase and resell more of our CashGuard solutions. We are proud to continue to support them and help provide safer, easier and more secure shopping and retail experiences to people in South Africa. This is another example of the spill over opportunities for StrongPoint’s retail technology solutions outside our normal grocery focus,” says Jacob Tveraabak, CEO of StrongPoint.

Disclosure regulation

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

Contacts

  • Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158, hilde.gilen@strongpoint.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 approx 1bn NOK [ticker: STRO].”

Attachments

  • Download announcement as PDF.pdf

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