ITAB - Breakthrough order for ITAB Shop Concept’s Self-Checkout System on the German market

Breakthrough order for ITAB Shop Concept’s Self-Checkout System on the German market

11/23/2012 12:38:00 PM

ITAB has, in collaboration with Micros, a major supplier of POS systems in Germany, signed an agreement for the supply of self-checkout system to one of Germany’s largest grocery chains. The order is for the installation of six MoveFlow self-checkouts, with integrated cash management system and the AttendFlow monitoring system. The installation will take place in the beginning of 2013 in two stores in northern Germany. The order is of great importance to ITAB as it represents the company’s first installation of self-checkout on the German market.

ITAB's self-checkout concept is designed to create fast and flexible checkout options, free up staff and allow the store to improve its level of service. MoveFlow is a product group within ITAB's self-checkout concept. The system enables customers to scan and check out their purchases, MoveFlow is a "basket to bag" style of self-service checkout. For more information, please visit www.itabscanflow.com.

ITAB Shop Concept AB is listed on the OMX Nordic Exchange and supplies complete shop fitting and interior solutions to the food and non-food retail markets. ITAB is the market leader at checkout to retailers in Europe, and one of Europe’s largest supplier of shop fittings. Operations include project management, design, development, manufacturing and sales. The concept range includes shop fittings, primarily in wood and metal, as well as checkouts, entrance systems and lighting. The group has approximately 2200 employees and a turnover of SEK 3,341 million 2011.

This information was submitted for publication 23th of September 2012 at 10.15 a.m.

For further information, please contact: 
CEO, Ulf Rostedt 
Tel: +46 36 31 73 00
Cellphone: +46 70 694 86 82

CFO, Magnus Olsson
Tel: +46 36 31 73 00
Cellphone: +46 70 544 47 89