Gunnebo Receives Order for Complete SafePay Roll-out for Retailer in the Netherlands

Regulatory News:

The Gunnebo Group (STO:GUNN) has signed a substantial order with Dutch supermarket chain, Vomar, to equip 50 of its stores with the closed cash management solution, SafePay.

300 front-office payment stations and 50 back-office deposit units will be installed at Vomar stores as part of a roll-out, which includes a seven-year service contract. The cash management system will be monitored via Gunnebo’s data centre in Amsterdam to ensure maximum uptime.

Vomar is an existing Gunnebo customer and already has SafePay installed at 10% of its locations. Stores with SafePay have seen their security levels improve for both employees and customers, and manual counting errors got eliminated.

"This order demonstrates the confidence Vomar has in Gunnebo’s performance and service,” says Gunnebo’s President and CEO, Henrik Lange. "It also reflects the growing demand for efficient cash management solutions amongst retailers in Europe, who are now responsible for a large proportion of the cash cycle.”

Once this new round of installations is complete, Vomar will have 440 SafePay units in all 63 of its stores.

SafePay is Gunnebo’s own closed cash management solution which protects cash from the moment it leaves the customer’s hand until it reaches the cash-counting centre. SafePay replaces manual tills, eliminates cash differences and is a more efficient way for retailers to manage cash in their stores.

GUNNEBO AB (publ)

Group Communications

www.gunnebogroup.com

The Gunnebo Group is a global leader in security products, services and solutions with an offering covering cash management, entrance security, safes and vaults and electronic security for banks, retail, CIT, mass transit, public & commercial buildings and industrial & high-risk sites.

The Group has an annual turnover of €660 million, employs 5,500 people and has sales companies in 32 countries across Europe, Middle East & Africa, Asia-Pacific and the Americas as well as Channel Partners on over 100 additional markets.

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