New Business Area Executive for Retail Solutions



PSI Group ASA, Scandinavia's leading provider of retail technology
solutions, strengthens the Group's top management. Per Haagensen from
Tomra has been appointed as Business Area Executive for Retail
Solutions, the largest of PSI Group's three business areas measured
by turnover.

Per Haagensen is 50 years old and holds a Master degree in in
Business and Economics from the Norwegian School of Management
(Handelshøyskolen BI). The past 11 years he has served as Managing
Director of Tomra Butikksystemer AS ensuring a good know-how of
technology solutions for the retail industry. He will take up his
position on 1 February 2010.

- We are extremely pleased to welcome Per Haagensen on board. The
appointment will strengthen the executive management team in PSI
Group while Retail Solutions will profit from an experienced manager
and business man with in-depth knowledge of the industry. In
addition, we see great potential in gathering the traditional PSI
businesses in Norway and Sweden under a unified management across
national borders, says Jørgen Waaler, CEO of PSI Group ASA.

Today the business area Retail Solutions is managed by Jørgen Waaler
in Norway and Göran Ohls in Sweden. After 12 years as head of PSI
Antonson - and with a significant track record of creating added
value following PSI Group's acquisition of the company in 2004 -
Göran Ohls will retire during 2009.

Retail Solutions achieved total sales of NOK 430.1 million and EBITDA
of NOK 37.9 million in 2008. The operations are mainly executed
through the companies PSI Systems AS and PSI Antonson AB. PSI Group's
Retail Solutions is market leader in Norway and Sweden within
delivery of advanced IT solutions to the retail trade sector
controlling, improving, deploying and securing cash, goods and
consumer information.

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 theOslo
Stock Exchange and Nasdaq OMX in Stockholm.

For more information, visit www.psi.no