New contract to SQS for delivery of 500 security cases including an option of additional 500 cases

SQS, which develops and provides leading security solutions for the
international bank and valuables transport markets, has entered into
an agreement to deliver 500 security cases to a leading international
security company. The agreement also comprises service contracts as
well as an option to deliver additional 500 security cases. The first
500 security cases are due to be delivered already during 1st quarter
2009.

- We are very happy to start off the new year in this manner with
another large contract. The demand for our security solutions is
large and we have just finished a successful year both operationally
and strategically. The market development for secure and closed cash
handling solutions is still very good, something we notice in the
entire value chain of the group. In this situation we are pleased to
register that the activity level and the development rate in SQS is
very good. The demand for the company's leading security technology
is increasing and in a market with considerable economies of scale,
this agreement is of great value, says Jørgen Waaler, CEO of PSI
Group.

- At the same time it is an important aspect that a large and leading
international security company is committing further to security
solutions from SQS. Based on advanced, resilient and proven
technology SQS delivers security solutions which is in demand by the
most demanding customers with the highest safety requirements. We are
very pleased with this and the objective is to develop this position
further moving forward.

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 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