23.3.2026 08:30:01 CET | StrongPoint | Additional regulated information required
to be disclosed under the laws of a member state
(Oslo, 23 March 2026), StrongPoint, a grocery technology provider, announces an
order from Norwegian grocery retailer Meny, part of NorgesGruppen, Norway's
largest grocery retailer, for StrongPoint's proprietary Vensafe solution,
designed for the in-store sale of age-restricted and high-theft products. The
order is valued at approximately NOK 10 million and includes both new Vensafe
units and upgrades to existing installations, excluding installation costs.
The upgrades involve replacing key components to bring current Vensafe units up
to a higher standard and extend their lifecycle. Installation of both new and
upgraded solutions is planned to be completed by the end of 2026. The order only
covers part of the installed base of Vensafe units in Meny stores, as many units
remain within their product lifecycle.
"This new contract is a testament to the value of StrongPoint's Vensafe, a
solution that address real in-store operational challenges. It shows that
StrongPoint continues to deliver tangible benefits to grocery retailers through
improved efficiency and creating better customer experiences. Vensafe is a
proven solution that our customers continue to rely on," said Magnus Rosen, SVP
Nordics at StrongPoint.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690,
marius.drefvelin@strongpoint.com
ABOUT STRONGPOINT
StrongPoint is a grocery retail technology company that provides solutions to
make shops smarter, shopping experiences better, and online grocery shopping
more efficient. With approximately 500 employees in Norway, Sweden, the Baltics,
Finland, Spain, the UK and Ireland, and together with a wide partner network,
StrongPoint supports grocery and retail businesses in more than 20 countries.
StrongPoint provides end-to-end e-commerce solutions, including in-store order
picking, automated fulfillment (with AutoStore), click & collect
temperature-controlled grocery lockers, and in-store and drive-thru grocery
pickup solutions. The company also delivers a range of in-store technologies,
such as electronic shelf labels, AI-powered self-checkouts, and cash management
and payment solutions. StrongPoint is headquartered in Norway and is listed on
the Oslo Stock Exchange with a revenue of approximately NOK 1.4 billion [ticker:
STRO].
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18841816/6909/Download%20announce
ment%20as%20PDF.pdf