SQS, which develops leading security solutions for the international ATM and CIT markets, is delivering 250 of the company's latest security cases to one of the world's largest valuables and security companies. The new security cases - SQS MP (Multi Purpose) - are developed during the last year and have just been made available on the British market. SQS MP represents great advantages and hugely simplified work routines related to the filling and collecting of ATM cassettes. SQS has already received numerous requests for the new security cases, which eventually will be made available in several markets. The potential for the new security cases is expected to be significant based on SQS' latest technology. The agreement also includes service contracts. SQS MP is a brand new security case - based on the latest technology from SQS - which is launched on the British market these days. The new security cases are specifically designed to enable valuables and security companies to operate ATMs easily and securely. SQS MP is unique in that it handles multiple types of ATM cassettes with cash - which largely improves and simplifies the whole process of filling and collecting ATM cassettes. The new security cases from SQS handle ATM cassettes from three of the largest manufacturers of ATM solutions in the world, who all have cassettes of different standards and sizes. - Until now, the various types of ATM cassettes have been handled with different types of security cases, as there have been no security cases available which handle different types of cassettes. With SQS MP most valuables and security companies will only need one security case which can handle multiple types of cassettes. This resolves not only the challenges related to the different shapes and sizes of ATM cassettes, but it also means that only one set of security cases and associated rack in the security cars is needed to handle the entire value chain. SQS MP is the most advanced security cases of its kind on the market with unique qualities as it handles both so-called end-to-end cassettes as well as original ATM cassettes without dying installed. This is important to most valuables and security companies because they service ATM solutions from several of the leading manufacturers. The benefits and savings are therefore considerable - and in this respect SQS MP represents a small revolution in the security industry, says Jørgen Waaler CEO of PSI Group. With the new security cases from SQS the weight of this type of security cases are significantly reduced through the application of new technology and construction. - We are very pleased that leading international players once again select new and leading security solutions from SQS. At the same time this is also an evidence of the attractiveness and the commercial potential associated with the technology and product development staged by SQS. We have great expectations for the new security cases and to the future security solutions from SQS. At the same time, the activity level in SQS is still very high - which is expected to give a very good conclusion of the year, says Jørgen Waaler. SQS (Security Qube System) is a subsidiary of PSI Group and forms one of the group's three business areas, Cash Management CIT / ATM. The company's development and production operations as well as administration and management team are located in Skellefteå, Sweden. The customers are mainly Nordic, European and international banks as well as companies within valuables transports. For additional information please contact: Jørgen Waaler CEO of PSI Group ASA Phone +47 905 90 010 Facts about PSI Group PSI Group is a leading global provider of closed cash handling solutions in the society and provider of retail technology for improving the efficiency of price, goods and consumer information in selected geographical areas. PSI Group is head quartered in Rælingen (Norway) and employs around 360 staff in Scandinavia and Europe. The company is listed on the Oslo Stock Exchange and Nasdaq OMX in Stockholm. For more information, see www.psi.no.
First deliveries of 250 newly launched security cases from SQS to England
| Source: PSI Group ASA