CashGuard AB, a fully owned subsidiary of PSI Group ASA, is proud to announce that the French retail chain Monoprix has chosen CashGuard as their closed cash handling solution.
With about 450 stores, Monoprix is a leading retail chain in France, offering food items, clothing, hardware, household items and gifts.
The first step in the process is an installation of 23 systems in 10 Monoprix stores in France. The plan is to install additional systems in the next three years.
"We are very happy to be chosen by Monoprix," says Jørgen Waaler PSI Group CEO. "It proves that CashGuard's closed cash handling solutions are well-suited for large retail chains in Europe."
The decision by Monoprix to make this kind of investment in cash handling also indicates how important cash still is in the European economy.
"Cash is a vital part of commerce in Europe and by choosing CashGuard, Monoprix has opted for the leading cash management solution on the market," Waaler continues.
Monoprix will use CashGuard's S series of Coin Recyclers and Note Recyclers. The Note Recycler comes with validation software, and both products are ready for the new €5 banknote released by the ECB earlier this month.
For further information, please contact:
Jørgen Waaler, CEO PSI Group ASA, Phone: +47 9059 0010
About PSI Group
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 about 300 employees in Scandinavia and Europe. The company is listed on the Oslo Stock Exchange.
For further information: www.psigroup.no
With about 450 stores, Monoprix is a leading retail chain in France, offering food items, clothing, hardware, household items and gifts.
The first step in the process is an installation of 23 systems in 10 Monoprix stores in France. The plan is to install additional systems in the next three years.
"We are very happy to be chosen by Monoprix," says Jørgen Waaler PSI Group CEO. "It proves that CashGuard's closed cash handling solutions are well-suited for large retail chains in Europe."
The decision by Monoprix to make this kind of investment in cash handling also indicates how important cash still is in the European economy.
"Cash is a vital part of commerce in Europe and by choosing CashGuard, Monoprix has opted for the leading cash management solution on the market," Waaler continues.
Monoprix will use CashGuard's S series of Coin Recyclers and Note Recyclers. The Note Recycler comes with validation software, and both products are ready for the new €5 banknote released by the ECB earlier this month.
For further information, please contact:
Jørgen Waaler, CEO PSI Group ASA, Phone: +47 9059 0010
About PSI Group
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 about 300 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 pursuant to section 5-12 of the Norwegian Securities Trading Act.