(Madrid, Spain, July 4th 2019): StrongPoint and Exclusivas Iglesias signed a
partnership agreement, granting Exclusivas Iglesias the rights to sell
StrongPoint solutions in Portugal. The agreement grants an exclusive right to
sell StrongPoint’s Cash Management systems to small retail customers and
customers within the hospitality segment, and a non-exclusive right to sell all
other StrongPoint solutions in Portugal.

“Iberia is one of StrongPoint's three focus areas. Portugal represents a new
market for us, yet it is a natural stepping stone from Spain. Our approach is to
partner with companies with a strong presence when we enter new markets.  I
believe Exclusivas Iglesias, with their long and profound experience from the
retail market in Portugal, will succeed with our common ambitious goals in the
region", says Jacob Tveraabak, CEO of StrongPoint.”

Exclusivas Iglesias was founded in 1982 with headquarters in Galicia, Portugal,
and has a wide distributor network all over Spain and Portugal. The company has
over 100 employees focusing on efficiency and productivity for retailers, and
have the technological knowledge enabling sale of StrongPoint E-commerce
solutions.       

Exclusivas Iglesias has committed to sell at least 100 Cash Management units in
Portugal each year going forward. The company will approach each vertical of the
market such as hospitality, tobacco shops, bakeries, petrol stations etc. The
ambition is that Iglesias’ experience in the technological field will also open
the Portuguese market to StrongPoint solutions within self-checkout-solutions,
instore productivity and E-commerce. 

For additional information please contact: 

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

About StrongPoint | www.strongpoint.com (http://www.strongpoint.com) 
StrongPoint is driving productivity for European retailers by providing
innovative, integrated technology solutions for multi-channel retailing based on
long-standing relationships with customers and partners. StrongPoint is also a
leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for
customers in Norway and Sweden. StrongPoint offers best-in-class service and
consultancy expertise through its team of 525 employees in Norway, Sweden, the
Baltics, France, Germany, Belgium, Spain and Russia. StrongPoint is
headquartered in Rælingen, Norway, and listed on the Oslo Stock Exchange
(ticker: STRONG).