CashGuard AB: Revised sales forecast for CashGuard



CashGuard is reducing its sales forecast for the year. The company's
current assessment is that the CIT/ATM business area's sales in 2007
will be lower than the level previously forecast.

The sales forecast pertaining to sales growth for CashGuard's CIT/ATM
business area has been adjusted downwards to 0-10 percent, compared
with the previous forecast of 25-30 percent. CashGuard incurred
non-recurring costs of approximately SEK 11 million during the third
quarter."The trend in the CIT/ATM business area has been weaker than
previously estimated in terms of both sales and earnings," says Agne
Pettersson, Managing Director and Chief Executive Officer of
CashGuard.

For the July-September period, it is estimated that the Group will
report an operating loss of about SEK 16 million, of which
non-recurring costs will account for approximately SEK 11 million.
For the January-September period, it is estimated that the Group's
operating loss will amount to approximately SEK 18 million, with
non-recurring costs accounting for about SEK 22 million. Definitive
financial information will be disclosed on the scheduled date for
publishing the interim report, namely October 25.

In our assessment the market potential for both of the Group's
business areas, Retail and CIT/ATM, remains extremely favourable.

For further information, please contact:
Agne Pettersson, Managing Director and Chief Executive Officer,
CashGuard AB (publ);
Tel: +46-8-732 22 00, agne.pettersson@cashguard.com
Lars Ingman, Chief Financial Officer, CashGuard AB (publ), Tel:
+46-8-732 22 00, lars.ingman@cashguard.com


Facts about CashGuard AB (publ)
CashGuard develops and  sells products  and services  for secure  and
fully automatic cash  handling and cash  logistics. Via direct  sales
and distribution  partners, CashGuard  focuses on  retail  companies,
post offices  and  banks,  as  well as  on  security  companies.  The
CashGuard Group has approximately 190 employees and had sales of  SEK
323 million in  2006. CashGuard  shares are listed  on the  Stockholm
Stock Exchange.

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