As Scandinavia's leading provider of retail technology solutions PSI Group has received intial orders for CashGuard systems from another new major grocery chain in Norway. Deliveries from the business area Retail Solutions will begin already during the current quarter. This coincides with a high underlying activity level in all areas of the group and high deployment of CashGuard systems. - We are very pleased that PSI acquires yet another new customer who is committed to CashGuard's cash handling solutions in Norway. As by far Scandinavia's leading developer, provider and service partner of secure cash handling solutions it is of great value that yet another leading retailer is committing to CashGuard. Not only does it confirm PSI's clearly leading position both in Scandinavia and Europe, but it is of great value as this gives reason to expect potentially considerable deliveries going forward, says Jørgen Waaler, Chief Executive Officer of PSI Group. Besides sales and installation of CashGuard systems, the running orders and deliveries to this particular grocery chain in Norway also comprise several additional services related to training and support as well as service and maintenance. - At the same time we are currently experiencing a high level of activity with ongoing CashGuard deliveries to a range of major customers - both in Norway and Sweden - both within the grocery and petrol station markets among others. The deployment rate is high with increasing underlying demand from a range of different chains and stores. On this basis we expect reaching close to 13 000 installed CashGuard systems during 4th quarter this year. In combination with a high underlying deployment rate PSI and CashGuard are by far the leading provider of cash handling systems in Scandinavia and globally. At the same time we have registered a particularly stronger interest for CashGuard Blue lately, which is the most advanced and theft-proof cash handling solution on the market, says Jørgen Waaler, CEO of PSI Group and adds: - In total the entire group - including PSI, CashGuard and SQS - now represents the leading cash handling environment internationally - both in terms of developing technology and solutions as well as secure safekeeping and transportation of cash. With several hundreds highly skilled employees, the leading position will be further enhanced in the time to come - both in Scandinavian, Europe and internationally. 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.
CashGuard deliveries to another new major grocery chain in Norway
| Quelle: PSI Group ASA