24.10.2022 08:00:00 CEST | StrongPoint | Additional regulated information
required to be disclosed under the laws of a member state

(Oslo, 24 October 2022) StrongPoint (ticker: STRO), a leading grocery retail
technology provider, has been chosen to design and install the world's first
AutoStore solution purpose built for food management with three temperature
zones: ambient, chilled and now, frozen. StrongPoint is AutoStore's first and
only grocery-focused distribution partner.

AutoStore, the robot technology company that invented, and continues to pioneer,
Cube Storage Automation, has recently developed a unique solution to automate
the storage and retrieval of frozen items. Previously, AutoStore's solutions
have only covered two temperature zones, chilled and ambient. Most grocery
retailers have been using manual picking for frozen items when automating their
e-grocery fulfilment services, an essential product segment for grocery
retailers. 

StrongPoint will design and install the AutoStore solution for the Norwegian
food distribution company, DLVRY, in a facility based in Sveio, Norway. The
project is worth approximately EUR 2.5 million and installation is set to start
in Q1 2023. 

"Managing grocery retail supply chains comes with unique challenges and demands
specialized knowledge. The multi-temperature grid is one of our latest
innovations, and we are excited to share this technology with our partners and
customers. Our goal is to expand further within the grocery retail space," says
AutoStore CEO, Karl Johan Lier. 

"This is a proud day for StrongPoint as we have the honour to design and install
the world's first truly fully integrated food based AutoStore-system that can
handle all three temperature zones needed for grocery retail. We look forward to
leveraging our 35+ years' collective experience to create a solution that is
purpose-built for food distribution at the highest possible levels of
efficiency," says StrongPoint CEO, Jacob Tveraabak. 

 

About StrongPoint 

StrongPoint is a grocery retail technology company that provides solutions to
make shops smarter, shopping experiences better and online grocery shopping more
efficient. With over 500 employees in Norway, Sweden, the Baltics, Spain, the UK
and Ireland and together with a wide partner network, StrongPoint supports
grocery and retail businesses in more than 20 countries. StrongPoint provides
in-store cash management and payment solutions, electronic shelf labels,
self-checkouts, click & collect temperature-controlled grocery lockers, in-store
and drive-thru grocery pickup solutions and, grocery order picking solutions,
both manual and automated. StrongPoint is headquartered in Norway and is listed
on the Oslo Stock Exchange with a revenue of ?1bn NOK [ticker: STRO] 

About AutoStore 

AutoStore, founded in 1996, is a robot technology company that invented, and
continues to pioneer, Cube Storage Automation - the densest product/inventory
storage solution in existence. The company's focus is to marry software and
hardware with human abilities to create the future of warehousing. AutoStore is
global, with more than 950 systems installed in +45 countries over a wide range
of industries. All sales are designed, installed, and serviced by a network of
qualified system integrators - which AutoStore calls 'partners'. The company
headquarters is in Nedre Vats, Norway, with offices in Oslo (Norway), the U.S.,
UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, and Singapore.
Learn more at www.autostoresystem.com - http://www.autostoresystem.com 

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

CONTACTS

 * Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,
   hilde.gilen@strongpoint.com 

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/1827/2470/Download%20announcement
%20as%20PDF.pdf