CashGuard AB: Panaxia signs framework agreement with CashGuard for SQS products

Today, CashGuard and its subsidiary SQS have signed a framework
agreement with Panaxia pertaining to products equipped with SQS
technology. The five-year contract includes delivery of security
cases, end-to-end equipment for ATMs, associated maintenance services
and upgrading of current CIT systems. The estimated total value is
approximately SEK 150 million and during 2007 equipment for
approximaterly SEK 25 million will be delivered."We have used SQS's CIT systems for ten years. They maintain high
quality and are very reliable. Based on our experience, we believe
that SQS offers one of the world's leading CIT systems and the best
in the Swedish market. That is why it is natural for us to continue
this cooperation," says Thomas Gravius, Managing Director, Panaxia."Panaxia has had a distinct strategy for soft security solutions
right from the start and we are very pleased that the company
continues to rely on us. We believe that the rest of Europe will
monitor developments in Sweden, which will continue to create
favourable possibilities for our products in Europe as well," says
Agne Pettersson, Managing Director and Chief Executive Officer,
CashGuard.

For further information, please contact:
Agne Pettersson, Managing Director, CashGuard AB (publ), Tel: +46
(0)8-732 22 00,
agne.pettersson@cashguard.com
Susannah Eriksson, Information Manager, CashGuard AB (publ), Tel: +46
(0)7-732 22 68, susannah.eriksson@cashguard.com
Thomas Gravius, Managing Director, Panaxia Security AB, Tel:
+46(0)8-25 50 30


Facts about CashGuard AB (publ)
CashGuard develops and  sells products  and services  for secure  and
fully automatic cash  handling and cash  logistics. Via direct  sales
and distribution  partners, CashGuard  focuses on  retail  companies,
post offices  and  banks,  as  well as  on  security  companies.  The
CashGuard Group has approximately 170 employees and had sales of  SEK
323 million in  2006. CashGuard  shares are listed  on the  Stockholm
Stock Exchange.