CashGuard AB: New Belgian contract for SQS

SQS, which develops and provides leading security solutions for the
international bank and CIT-markets, has just entered into an
agreement to supply security cases and associated security solutions
for modernizing the handling of Belgian pension payments. The
agreement is with Brink's Belgium, which on behalf of the Belgian
postal services, la Poste, is rationalising the packaging and
distributions processes related to the Belgian pension payments,
which are distributed in cash and delivered to the recipients. The
SQS deliveries will be implemented this autumn.

- As a leading transporter of valuables in Belgium and Central
Europe, the intention is that Brink's Belgium will build a new and
modern distribution line, partly based on SQS technology, in order to
ensure efficient and modern handling and delivery of pensions to the
recipients. We are very pleased to be part of this and it represents
an even stronger acknowledgement of SQS's position and the company's
leading technology within security solutions. This is also confirmed
by the high activity level we experience these days and the strong
interest for SQS's solutions, says Jørgen Waaler, Group CEO of both
PSI Group ASA and CashGuard.

The deliveries are expected to reach a total value of EUR 1.5
million. As usual, service contracts in relation to the security
solutions will come in addition. The deliveries will commence shortly
and are expected to be completed in the course of this autumn.

The merger between PSI Group ASA and CashGuard AB, which includes
SQS, is proceeding according to plan and the new company will
presents completed financial figures on Friday 29 August this year.
This happens more or less concurrently with the expected completion
of the merger 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.