CashGuard AB, a wholly owned subsidiary of PSI Group ASA, is introducing a new model in the CashGuard Blue series. The new model, which is a result of a customer driven development project between SQS, CashGuard and PSI Systems, is downsized to fit perfectly into ordinary checkouts without compromising CashGuard Blue's unique standards of safety and protection. With an aggressive pricing, this new model will increase market potential - both within existing grocery segments, where storeowners want CashGuard Blue in all checkouts, but also within the huge convenient store and gas station segments, where secured and safe overnight cash storage at checkouts is very lucrative for the owners. -I am extremely satisfied with presenting a new and compact model of the CashGuard Blue based on our unique SQS technology, enabling a momentarily and comprehensive ink-staining of all bank notes, by any trial of forced entry. We believe that our new featured model will expand the areas of use for the CashGuard Blue concept considerably, says Jørgen Waaler, CEO of PSI Group ASA. The cash handling system will give further benefits and reduced costs for CashGuard's customers. Through increased efficiency, predictability, security and increased flexibility related to attendance of the checkouts, the stores may reduce their staff and thereby lower the payroll costs. Fewer resources will be needed for emptying, registration, counting and transportation of money. CashGuard Blue is the only cash handling system within grocery/ post/ bank that is approved by the Swedish Theft Prevention Association (SSF). The SSF requires that the content always is inked in the case of attempt of break-ins, irrespective of time, method or tools. In the case of break in into a CashGuard Blue, all the notes will be ink-stained momentarily. All bank notes are therefore safe for storage at each checkout 24/7. The new model is in production and the first deliveries will take place during November. For further information, please contact: Jørgen Waaler CEO, PSI Group ASA Tel +47 905 90 010 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 at Rælingen (Norway) and has about 360 employees in Scandinavia and Europe. The company is listed on the Oslo Stock Exchange and Nasdaq OMX in Stockholm. For more information, visit www.psi.no
PSI Group - New launch from CashGuard expands the market opportunities
| Source: PSI Group ASA