SQS enters into several contracts following increased interest in the Nordics, Europe and internationally



SQS, which develops leading security solutions for the international
ATM and CIT markets, has just received three individual delivery
contracts for a total of 800 security cases. The customers are among
the largest within valuables transports in the Nordic region and
worldwide. According to the agreements, which also include service
contracts, the security cases - which feature SQS's leading
technology - are expected to be delivered already in the course of
the fourth quarter this year.
- We are extremely satisfied that leading players in the Nordics,
Europe and internationally once again choose the leading security
solutions from SQS. It is of both great commercial and strategic
value. This time it involves not only one of the largest companies
within valuables transports in the Nordics as well as Europe and
worldwide, but also a leading Mexican company. These contracts
provide us with yet another proof of the very attractive position we
possess with the leading security solutions from SQS for the
international banking and valuables transport markets.

At the same time these new delivery contracts come in place after a
period where SQS has entered into several contracts. It proves that
the company's leading technology within the whole product range is
attractive and recognised both in the Nordic region, Europe and
internationally, says Jørgen Waaler CEO of PSI Group, and adds:

- It is also encouraging to note that SQS is experiencing excellent
levels of activity and development. In this market volume deliveries
represent significant synergies, something which reflects the
importance of this kind of valuable agreements as well as its
contribution to forming a bright outlook for SQS in the coming
quarters.

SQS (Security Qube System) is a subsidiary of PSI Group and now forms
one of the group's three business areas, Cash Management CIT / ATM.
The company's development and production operations as well as
administration and management team are located in Skellefteå, Sweden.
The customers are mainly Nordic, European and international banks as
well as companies within valuables transports.

For additional information please contact:

Jørgen Waaler
CEO of PSI Group ASA
Phone +47 905 90 010

Facts about PSI Group
PSI Group is a leading global provider of closed cash handling
solutions in the society and provider of retail technology for
improving the efficiency of price, goods and consumer information in
selected geographical areas.

PSI Group is head quartered in Rælingen (Norway) and employs around
360 staff in Scandinavia and Europe. The company is listed on the
Oslo Stock Exchange and Nasdaq OMX in Stockholm.

For more information, see www.psi.no.