CashGuard has today entered into a cooperation agreement with Tiega of France. Tiega will sell CashGuard products and solutions to the French bakery market, a market in which increased efficiency and hygiene factors are extremely important. Tiega offers its customers a software solution that is specially customized for the conditions in, for example, bakeries and pastry shops. The CashGuard solution for cash handling will provide Tiega's customers with a safe, secure and efficient way of handling cash in bakeries and pastry shops. Cooperation with CashGuard will add further advantages to Tiega's customer offering, in part through increased efficiency and in part because the handling of cash in bakeries and pastry shops will become more hygienic. Tiega will demonstrate CashGuard's products and solutions to its customers at EUROPAIN 2008, a trade fair held in Paris."As a result of the cooperation with Tiega, we will be able to process the French market on an additional segment. Bakeries are the lifeblood of French culture and you will find a bakery in every village. Most of the purchases made in bakeries are paid for with coins. By passing on the handling of cash completely to customers, the CashGuard system will increase the flow of customers and improve hygiene, an essential consideration in a bakery," says Agne Pettersson, CashGuard's CEO. For further information, please contact: Ange Pettersson, Managing Director and Chief Executive Officer, CashGuard AB (publ); Tel: +46-8-732 22 00, agne.pettersson@cashguard.com Facts about CashGuard AB (publ) CashGuard develops and sells products and services for secure and fully automatic cash handling and cash logistics. Via direct sales and distribution partners, CashGuard focuses on retail companies, post offices and banks, as well as on security companies. The CashGuard Group has approximately 190 employees and had sales of SEK 323 million in 2006. CashGuard shares are listed on the Stockholm Stock Exchange. For further information concerning Tiega, visit www.tiega.fr/index.php
CashGuard AB: New cooperation agreement in key French industry
| Quelle: Cash Guard AB