New exclusive frame agreement awarded to CashGuard by large grocery chain in Norway



PSI Systems AS, a wholly owned subsidiary of PSI Group ASA, has today
signed an exclusive agreement with yet another large grocery chain in
Norway. The framework agreement which comprises deliveries and
services in relation to the cash handling solutions from CashGuard,
lasts for a total of 2 years and has a potential of up to 1900
CashGuard systems. This is the largest single framework agreement PSI
has entered into during the past years.

- This is a strong acknowledgement of CashGuard's exceptional market
position with regard to technology, functionality and reliability.
The agreement marks an important milestone - not just for PSI and
CashGuard, but for the overall development of secure and closed cash
handling solutions within grocery and retail trade. We have had very
good experience with large framework agreements such as this before -
with a significant deployment of CashGuard units during the contract
period - and this comes as yet another confirmation of the very large
demand we are experiencing entering into the new year, says Jørgen
Waaler, CEO of PSI Group.

In addition to a complete solution for cash handling and
CashManagement, PSI will also deliver support, service and training.

- This agreement also shows that the sales and growth potential in
rather mature markets is large. It is both valuable and very
gratifying to get yet another substantial recognition from a leading
player in the grocery market, a market place where the players still
remain committed to investing in technologically leading security
solutions. The fact that CashGuard yet again is preferred by one of
the largest chains in this field - is of great value in a market with
considerable economies of scale related to larger deployments. PSI
and CashGuard already have a market leading position which we will
develop further going forward, concludes Jørgen Waaler.

In total the group - including PSI, CashGuard and SQS - 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, this 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.