StrongPoint
StrongPoint ASA: Up to 580 Cash-In-Transit cases to Sberbank (GlobeNewswire)

2019-06-26 19:48

(Rælingen, Norway, June 26th, 2019): StrongPoint ASA and Sberbank, the largest bank in Russia, has signed a new General Agreement for up to 580 Cash-In-Transit (CIT) cases.

"We are pleased with the continued trust and confidence given us by one of Europe's leading financial institutions. StrongPoint's CIT cases are the most advanced security cases available for cash in transit. Our partnership with Sberbank underlines their dedication for ensuring the highest possible security level when transporting cash between the cash centre and the pick-up location,” says Jacob Tveraabak, CEO of StrongPoint.

StrongPoint has signed a general agreement for up to 580 CIT cases to Sberbank. Sberbank is the largest bank in Russia with 14 000 branches in 83 regions. The cases are expected to be delivered in second half of 2019. Key account management, deliveries, support and service is handled by StrongPoint’s office in Russia.

ENDS

For additional information please contact:

Jacob Tveraabak
CEO, Strongpoint ASA
Mail: Jacob.tveraabak@strongpoint.com
Phone: +47 908 21 370

Hilde Horn Gilen
CFO, StrongPoint ASA
Mail: hilde.gilen@strongpoint.com
Phone +47 920 60 158

About StrongPoint | www.strongpoint.com

StrongPoint is driving productivity for European retailers by providing innovative, integrated technology solutions for multi-channel retailing based on long-standing relationships with customers and partners. StrongPoint is also a leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for customers in Norway and Sweden. StrongPoint offers best-in-class service and consultancy expertise through its team of 525 employees in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain and Russia. StrongPoint is headquartered in Rælingen, Norway, and listed on the Oslo Stock Exchange (ticker: STRONG).


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


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