SQS, which develops and provides leading security solutions for the international bank and valuables transportation markets, has entered into another agreement for delivery of security cases to a leading international security company in France. The agreement comprises delivery of 300 security cases due in 2nd quarter 2009. - We are very happy to, in this manner, further consolidate our leading position as provider of technically advanced security solutions in the French market, where all the main companies within valuables transportation are customers of ours. The demand for the company's leading security technology is increasing - and we are still experiencing a high activity level in the market, says Jørgen Waaler, CEO of PSI Group. The French market is one of the regulated markets in Europe - where national rules regarding security requirements for security solutions within valuables and cash transportation have been established. The security solutions from SQS fulfil all these requirements. Having been present in the French market for several years - with subsidiaries for sales and services both in Paris and Southern France - SQS possesses a leading position with its technically advanced security solutions, which is being further strengthened by this agreement. SQS (Security Qube System) is a subsidiary of PSI Group and 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 transportation. 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 theOslo Stock Exchange and Nasdaq OMX in Stockholm. For more information, visit www.psi.no
New contract to SQS for delivery of 300 security cases in France
| Quelle: PSI Group ASA