CashGuard AB: Agreement with PSI - CashGuard s Extraordinary General Meeting cancelled

CashGuard and PSI Group ASA have recently engaged in constructive
discussions concerning CashGuard's future strategy and
focus. Agreement has been reached in respect of the commercial
conditions pertaining between the companies. In addition, the
companies are in agreement concerning CashGuard's continued focus on
international expansion outside the Nordic region. The parties
continue to agree that the subsidiary SQS should be sold or listed
separately.

As a result of these discussions, PSI has announced that it has
withdrawn its request that an Extraordinary General Meeting of
CashGuard AB shareholders be held, as disclosed in a press release
from CashGuard dated October 26, 2007.

For further information, please contact:
Agne Pettersson, Managing Director and Chief Executive Officer,
CashGuard AB (publ);
Tel: +46-8-732 22 00, agne.pettersson@cashguard.com


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 190 employees and had sales of  SEK
323 million in  2006. CashGuard  shares are listed  on the  Stockholm
Stock Exchange.