CashGuard AB: Major Belgian bank buys 300 security cases from SQS

SQS, which develops leading security solutions for the international
bank and valuables transport market, has just entered into an
agreement to supply 300 security cases to one of Belgium's largest
banks. The agreement also includes a service contract for the
security cases, which feature SQS's leading technology. This
represents SQS's first direct delivery to a central-European bank.
SQS is a wholly-owned subsidiary of the merged PSI Group ASA and
CashGuard AB."There is a strong market for secure and closed cash handling, and
this is apparent throughout the value chain," says Jørgen Waaler, who
is now Group CEO of both PSI Group ASA and CashGuard AB in
anticipation of the formal completion of the merger. "With our
market-leading technology and our excellent sales strength, the
outlook for the merged company is extremely promising. Given this
situation, it is also particularly encouraging to note that SQS is
experiencing excellent levels of activity and development. There is a
growing demand for the company's market-leading security technology
and, in a market where volume deliveries represent significant
synergies; SQS's future during the coming quarters is looking
particularly bright."

The merger between PSI Group ASA and CashGuard AB, which includes
SQS, is proceeding according to plan following resolutions at both
companies' general meetings on 10 June this year. As previously
announced, the merger is expected to be formally completed at the end
of August this year, with PSI Group ASA taking over CashGuard AB.

For further information, please contact:
Jørgen Waaler, Group CEO, PSI Group ASA/CashGuard AB, Tel. +47 905
90 010


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 180 employees and had sales of  SEK
387 million in  2007. CashGuard  shares are listed  on the  Stockholm
Stock Exchange.

Facts about PSI Group ASA
PSI is Scandinavia's leading supplier of advanced IT solutions for
retail, which manage, distribute and safeguard cash and make the
process of managing prices, goods and consumer information more
efficient. The PSI Group's head office is based in Rælingen and the
Group employs approximately 210 people in Norway and Sweden, with
sales of around MNOK 461 in 2007. The company is listed on the Oslo
Stock Exchange and has been the largest shareholder in CashGuard AB
for some time.
For further information, visit www.psi.no.