2004-05-13

Following an evaluation process, Costco Wholesale Corporation, the sixth largest retail chain in the USA, has selected Pricer as the supplier of an ESL system.

Costco has evaluated a number of different ESL systems, both in laboratory and store environments, over a period lasting approximately five months. The order initially relates to a store in Enfield, Connecticut, and will be delivered during July 2004. Costco's stores in Connecticut currently use a competing ESL system which will gradually be replaced.

"The fact that Costco has selected Pricer as an ESL supplier is a very positive development and it also shows that our system can be competitive in the US market," says Pricer's President, Jan Forssjö. "Pricer will now be a supplier to one of the really large chains in the USA, which is a major step forward in our new investment programme in the North American Market."

Costco Warehouse

Costco Warehouse is the largest wholesale club operator in the US. The company operates about 430 membership warehouse stores serving 41 million cardholders in 36 US stores and in Puerto Rico, Canada, Japan, Mexico, South Korea and Taiwan all trading primarily under the Costco name.

Pricer AB (publ), founded in 1991 in Uppsala, has the world's leading position as a supplier of electronic display and information systems to the retail industry. Pricer offers electronic information systems that improves significantly customer profitability and productivity. Pricer, in cooperation with highly competent partners, offer a totally integrated solution together with the supplementary products, applications and services. Pricer AB (publ) is quoted on the O-list of Stockholm Exchange.