CashGuard AB: CashGuard signs a partner agreement with LaSer Symag in France


CashGuard AB: CashGuard signs a partner agreement with LaSer Symag in FranceLaSer Symag and CashGuard have a joint sales development strategy to promote End-to-end cash handling new generation solution on the retail market. The combination of the experience of both companies will bring significant value in the optimisation of cash logistic efficiency and security in the customer day to day environment and process. This is a strategic agreement since France is one of CashGuard's markets of focus in Europe. The French market offers great potential. During the autumn, CashGuard has installed a number of pilot systems in France and an escalating interest in the products has been noted."We are delighted at having concluded this agreement, which we believe could provide considerable benefits to the two companies, in terms of both customer offerings and knowledge about the retail market in general. We believe that this agreement offers tremendous potential, and will make a strong contribution to our efforts to be correctly prepared for expansion in France," says Ove Wedsjö, Managing Director and Chief Executive Officer of CashGuard. For further information, please contact:Ove Wedsjö, Managing Director and Chief Executive Officer, CashGuard AB (publ); Tel: +46-8-732 22 36, ove.wedsjo@cashguard.se 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 170 employees and had sales of SEK 214 million in 2005. CashGuard shares are listed on the Stockholm Stock Exchange. Facts about LaSer SymagLaSer Symag, point-of-sale services activity of LaSer, assists brands in all areas relating to optimizing the relationship with the end customer. Its editor, integrator and service provider offering covers point of sale and electronic fund transfer, sales and loyalty development, store management. It includes all the new technologies making the retail outlet a profitable and differentiating point of service for loyalty enhancement. LaSer Symag offering is aimed at all types of grocery and specialized retailers and companies who are dedicated to capitalizing on the customer relationship.Attachment: Press release (PDF)Text version / Internet version / Print / Close
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