SQS, which develops leading security solutions for the international ATM and CIT markets, has signed a delivery contract with Wincor Nixdorf. The contract is a result of Wincor Nixdorf entering into an agreement with a large Swedish Bank to equip some of the bank's ATMs with the security solution from SQS eliminating value by dyeing and inking the notes. - It is strategically of great importance that another large Swedish Bank chooses to go for a complete security solution based on our SQS technology. It shows how recognized and trusted the company's security solutions are among existing and new customers. On a global basis the market for securing cash in ATMs and cash in valuables transports is large. At the same time SQS is experiencing a high activity level with good prospects. We see a considerable potential related to the security solutions from SQS in the future, says Jørgen Waaler, CEO of PSI Group ASA. SQS (Security Qube System) is a subsidiary of PSI Group and now forms one of the group's three business areas, Cash Management CIT / ATM. The company's development and production operations as well as administration and management team are located in Skellefteå, Sweden. For additional information please contact: Jørgen Waaler CEO of PSI Group ASA Phone +47 905 90 010 Facts 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 in Rælingen (Norway) and employs around 360 staff in Scandinavia and Europe. The company is listed on the Oslo Stock Exchange and Nasdaq OMX in Stockholm. For more information, see www.psi.no.
Another large Swedish Bank chooses secure ATM solution from SQS
| Source: PSI Group ASA