The biggest name in retail in Norway picks EVRY for card solutions

(Oslo, 7 July 2014) NorgesGruppen and EVRY have signed a contract for company cards and gift cards. The contract is for 5 years, and represents a breakthrough in EVRY's push into the market for card solutions in the retail sector.

NorgesGruppen is the largest grocery company in Norway with over 1,700 grocery stores and around 500 newsstand outlets, and includes well-known chains such as Kiwi, Meny, Joker, Spar, and Mix. NorgesGruppen wishes to strengthen its card program, and as part of this has decided to consolidate its card solutions by choosing to work with a new single partner. NorgesGruppen has chosen EVRY. EVRY will provide solutions for electronic gift cards and company cards. The company card is a credit card concept for NorgesGruppen's business and public sector customers. The solutions are based on EVRY's new and modern credit card platform.

A breakthrough in retail
"Innovative payment and card solutions with high levels of security are important to providing the best possible service to customers. Cards are very much an area we are focusing on at EVRY, and we have built up a solid base for delivering card services with our presence throughout the Nordic countries and the Baltic States. This agreement represents a breakthrough for our card solutions in the retail sector", comments Wiljar Nesse, Head of the Financial Services Business Area at EVRY.

As one of the Nordic region's leading companies in the card and card payments sector, EVRY today delivers card services to more than 120 banks and card issuers across Europe. This agreement strengthens EVRY's position in card solutions for the retail sector.

"Working with EVRY ensures that NorgesGruppen has access to broad expertise and future-orientated payment solutions which are well suited to our customers", comments Ingrid Solberg Gundersen, Communications Manager at NorgesGruppen.

EVRY is focusing on the grocery retailing sector, and since 2011 has built up a strong team with extensive retail sector expertise. EVRY's focus on this industry is based on retailers' requirements for targeted marketing and a seamless experience for customers regardless of the channel or platform they use.

A changing market
Card and payment processing services are increasingly international and deregulated. EVRY is responding to these changes by offering solutions which give customers freedom of choice for the business model and partners they use. EVRY's customers gain competitive advantage through economies of scale and flexibility. They can create a preferred set of solutions appropriate for their own strategy with industry standard solutions as their starting point.

Contact persons
Wiljar Nesse, EVP Financial Services, EVRY. Tel: +47 934 48 116
Geir Remman, VP Corporate Communications, tlf +47 97055017
Ingrid Solberg Gundersen, Communications Manager, NorgesGruppen. Tel: +47 97 51 44 95

About EVRY
EVRY is one of the leading IT companies in the Nordic countries, with a strong local and regional presence in 50 Nordic towns and cities. Through its knowledge, solutions and technology, EVRY contributes to the development of the information society of the future, and so creates value for the benefit of its customers and for society as a whole. EVRY combines in-depth industry knowledge and technological expertise with a local delivery model and international strength.

EVRY has some 10,000 employees, and the company is committed to demonstrating that Nordic customers are best served by a supplier that understands Nordic business from the inside. The company is listed on the Oslo Stock Exchange and operates from headquarters in Oslo, with major activities in both the Norwegian and Swedish markets.

About NorgesGruppen
NorgesGruppen is Norway's largest grocery retailing and wholesaling group. Through its chains, the group has a market share of 39.3% of the Norwegian grocery market.

NorgesGruppen has over 1,700 grocery stores, some 500 newsstand outlets, and approximately 30,000 employees. NorgesGruppen is present in 367 of Norway's 430 municipalities, and has the largest number of local stores of any grocery chain in the country. The wholesale business is carried out by 14 ASKO companies covering the whole of Norway.