SQS Security Qube System AB, a fully owned subsidiary of PSI Group ASA, is the leading provider of proprietary security solutions for the international bank (ATM) and Cash In Transit (CIT) markets.
The order is from Croatia's largest cash transport -and cash processing company, through our Croatian partner.
The order includes several hundreds of SQS newest state of the art security cases for cash transports for CIT operations. The deliveries will be fulfilled during the first quarter of 2013.
"We are thrilled by winning and entering yet another new market" says Jørgen Waaler, CEO PSI Group. "Our international partner strategy seems to work well even though it affects margins. Manufacturing utilization in Q1 2013 combined with the ability to launce our newproduct line as soon as possible, was also important aspects of this deal" concludes Mr Waaler.
For further information, please contact:
Jørgen Waaler, CEO PSI Group ASA, Phone: +47 9059 0010
The order is from Croatia's largest cash transport -and cash processing company, through our Croatian partner.
The order includes several hundreds of SQS newest state of the art security cases for cash transports for CIT operations. The deliveries will be fulfilled during the first quarter of 2013.
"We are thrilled by winning and entering yet another new market" says Jørgen Waaler, CEO PSI Group. "Our international partner strategy seems to work well even though it affects margins. Manufacturing utilization in Q1 2013 combined with the ability to launce our newproduct line as soon as possible, was also important aspects of this deal" concludes Mr Waaler.
For further information, please contact:
Jørgen Waaler, CEO PSI Group ASA, Phone: +47 9059 0010
About PSI Group ASA
PSI Group is a leading global provider of the market's most reliable cash handling solutions and the leading systems integrator of retail technology solutions in Norway and Sweden.
PSI Group is a leading global provider of the market's most reliable cash handling solutions and the leading systems integrator of retail technology solutions in Norway and Sweden.
PSI Group is headquartered in Rælingen (Norway) and has 311 employees in Scandinavia and Europe. The company is listed on the Oslo Stock Exchange.
For further information: www.psigroup.no
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
For further information: www.psigroup.no
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)