The leading provider of intelligent cash handling solutions for the international retail, bank and cash in transit (CIT) markets, SQS Security Qube System AB, has been awarded a contract by Cobelguard. Cobelguard is the fastest growing CIT company in Belgium and they wanted to further equip their fleet of vehicles with SQS security cases and intelligent accessories. The deliveries will be executed during the 1st quarter of 2015.
SQS Security Qube System AB is a fully owned subsidiary of PSI Group ASA. The business unit provides the most advanced products, concepts and protection for retailers and CIT/ATM operators through permanent defacing of banknotes subjected to attempted thefts and robberies. SQS has today operations in several European countries and approximately 80 employees.
"This is a clear indicator that the SQS Security's hard work in quality improvements and strong innovations has given state of the art performance within our market segments. Increasing efficiency and security requirements are key success factors for our customers", says Jorgen Waaler, CEO PSI Group ASA.
About PSI Group
PSI Group's mission: Driving Retailers' profitability by providing innovative integrated technology solutions.
PSI Group's vision: Becoming a recognized global provider of Retail Technology Solutions.
PSI Group has it's headquarter in Rælingen and has approximately 580 employees in the Nordics, the Baltics and the rest of Europe. The company is listed on the Oslo Stock Exchange. See www.psigroup.no for further information.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.