Loomis Announces Exclusive Distribution Agreement with Tidel for SafePoint® Product Line

Loomis Announces Exclusive Distribution Agreement with Tidel for SafePoint®
Product Line

Loomis, the international leader in cash handling services, and Tidel
Engineering, L.P., the world leader in Cash Management Systems and Robbery
Prevention products, today announced an exclusive agreement for Tidel to
manufacture products and services for Loomis' SafePoint® product line. While
Loomis will continue to provide service for SafePoint®  legacy customers with
installed equipment from different manufacturers, Loomis will retain exclusive
rights as the sole CIT company to deploy Tidel's leading edge Sentinel™
electronic cash management safe in the US market.

Launched in early 2005, SafePoint® provides a secure, comprehensive cash
handling solution to retailers and other commercial enterprises. SafePoint®
integrates armored transport, cash processing services, an electronic safe, and
electronic reporting while facilitating expedited deposit credit in an
end-to-end cash management solution. Retailers who have deployed SafePoint®
report immediate ROI, citing stronger security, reduced cash handling costs, and
improved operating efficiencies. 
In 2008, Loomis added expedited deposit credit services to the SafePoint®
product line through its partnership with over a dozen participating bank
partners. With this feature, SafePoint® customers can gain access to their funds
much more rapidly than with traditional secure cash transport services.
Retailers are able to earn credit for their cash before it exits the physical
location.

“The combination of Loomis and Tidel represent the largest geographic coverage
and the most advanced hardware and software solutions available,” said Mark K.
Levenick, CEO of Tidel Engineering, LP. “This partnership will add significant
value to SafePoint® customers.”

According to Lars Blecko, CEO “with over 1300 additional units deployed in 2008,
sales revenue from SafePoint® grew substantially, we expect demand for this
product to continue to increase, as retailers seek solutions such as SafePoint®
that are proven to increase their bottom line. And Loomis is excited to now
provide its SafePoint® customers with one of the most recognized names in cash
handling technology through Tidel and its Sentinel product line.”


For more information, contact:
Lars Blecko, Chief Executive Officer
+46 70 641 49 10

Loomis offers safe and effective solutions for the distribution, handling and
recycling of cash for banks, retailers and other commercial companies via an
international network consisting of more than 370 centres of operation in 12
European countries and in the US. Loomis has 20 000 employees and a turnover of
11 billion Swedish kronor. Loomis is a mid-cap listed company on NASDAQ OMX
Stockholm.