CashGuard's wholly-owned subsidiary, Security Qube System, SQS, has today signed an order with G4S Cash Services (UK) for 200 newly developed security cases featuring SQS technology. The order relates to a completely new type of case, which will form an integral part of an end-to-end solution with the capability of carrying up to three different types of ATM cassette. This groundbreaking product has been developed to suit all markets including ATM and CIT."The UK has recently experienced increased numbers of violent attacks on both cash transportations and ATMs,"says Agne Petterson, CashGuard's Managing Director. "We have been working with G4S for many years in several different countries, and we are in agreement that a modern and professional cash handling system must include intelligent solutions that protect cash, instead of armoured vehicles and weapons. This is why we are naturally extremely pleased about the order and we believe that the introduction of intelligent protection will contribute to breaking the trend of increased violence." For further information, please contact: Agne 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 180 employees and had sales of SEK 387 million in 2007. CashGuard shares are listed on the Stockholm Stock Exchange.
CashGuard AB: G4S Cash Services (UK) buys newly developed security cases with SQS technology
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