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StrongPoint ASA: PSI Group is reorganizing its operations and has changed name to StrongPoint ASA

The name change was approved at the extraordinary general meeting on August
27, and all the Group's subsidiaries will have a common profile and identity.
StrongPoint consists of PSI Systems AS, PSI Antonson AB, New Vision Baltija
UAB, SQS Security Qube System AB, Antonson Label AB, CashGuard AB and Vensafe

"To offer our solutions and advisory services through one point of contact
entails a number of advantages. The reorganization will enable us to serve
our customers in a much more efficient way than previously, and we will be
better equipped to continue our international expansion", says Jørgen Waaler,
CEO of StrongPoint.

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

StrongPoint ticker will be "STRONG" on Oslo Stock Exchange. StrongPoint will
still have its headquarter at Rælingen.

For further information, please contact:
Jørgen Waaler
CEO StrongPoint ASA

Visit us at: www.strongpoint.com

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


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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