Pricer settles a dispute and receives SEK 7M


Pricer settles a dispute and receives SEK 7M

Pricer AB (publ) and the Vendors of Eldat Communication Ltd have agreed to
settle a warranty claim relating to insufficient financial provisions. Pricer
receives an amount of approximately SEK 7M from the Vendors as compensation. As
part of this settlement all shares held in escrow will be released to the
Vendors. No further warranty claims can be made by either party in relation to
Pricer's acquisition of Eldat Communication Ltd.






For further information, please contact:
Jan Forssjö, President and CEO Pricer AB: +46 8 505 582 00

Pricer provides the retail industry's leading electronic display and Electronic
Shelf Label (ESL) platform, solutions, and services for intelligently
communicating, managing, and optimizing product information on the shop floor.
The platform is based on a two-way communication protocol to ensure a complete
traceability and management of resources. The Pricer system significantly
improves consumer benefit and store productivity. 

Pricer, founded in 1991 in Uppsala, Sweden, offers the most complete and
scalable ESL solution. Pricer has over 3,000 installations across three
continents with approximately 60% market share. Customers include many of the
world's top retailers and some of the foremost retail chains in Europe, Japan
and the USA. Pricer, in co-operation with qualified partners, offers a totally
integrated solution together with supplementary products, applications and
services.

Pricer AB (publ) is quoted on the Nordic Small Cap list of OMX. For further
information, please visit www.pricer.com  

Attachments

04112099.pdf