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2016-02-02

StrongPoint ASA: Breakthrough in Spain - Alimerka chooses StrongPoint's cash management solution for 170 stores

After a successful installation of 24 StrongPoint cash management systems in
four Alimerka supermarket stores in Spain in January, StrongPoint and
Alimerka S.A. has entered into a "cash management as a service" contract for
six years.

For 2016, Alimerka and StrongPoint plan to install more than 500 systems in
130 stores. The remaining stores are scheduled for 2017.

The agreement is based on a monthly fee per system for cash management
services based on a rental- and service level agreement (SLA) for no less
than five years per system.

StrongPoint, the owner of the systems, will balance the investment, and
monthly depreciations will follow according to actual rollouts and contract
life.

"This is definitely a breakthrough in Spain and a breakthrough with a major
grocery chain outside Scandinavia. We are proud to be able to supply Alimerka
with a solution that has a proven track record in the retail industry, and
we're excited about the cash management as a service concept," said Jørgen
Waaler, CEO StrongPoint ASA.

"We selected CashGuard from StrongPoint due to reliability, speed and capacity
of the solution," said José Luis Rey, CIO of Alimerka S.A.

For more information, please visit www.strongpoint.com or contact:

Jørgen Waaler
CEO StrongPoint ASA
Slynga 10 - 2005 Rælingen
Cell: +47 90 59 00 10
About StrongPoint:

StrongPoint's mission: Driving Retailers' productivity by providing innovative
integrated technology solutions.

StrongPoint's vision: Becoming a recognized global provider of Retail
Technology Solutions.

StrongPoint, which has 570 employees, is organized into three business areas;
Retail Solutions, Cash Security and Label Solutions.

StrongPoint has the ticker "STRONG" on Oslo Stock Exchange. StrongPoint has
its headquarter at Rælingen.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: StrongPoint ASA via Globenewswire

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