CashGuard AB First quarter 2008

* Net sales amounted to MSEK 55.7 (101.7) * Operating loss of MSEK 22.3 (profit: 3.4) * The loss after taxes was MSEK 17.0 (profit: 2.9) * Loss per share of SEK 0.17 (profit: 0.03) * Cash flow from operating activities improved to MSEK 8.4 compared with MSEK 0.5 the previous year * European marketing activities within the Retail business area have resulted in international growth * Additional international cooperation agreements have been signed within both business areas

Events after the period end

* The Annual General Meeting was held on April 18 * The merger plan relating to the merger of CashGuard AB and PSI Group ASA was adopted * Jörgen Waaler will take up the position of Managing Director and Group CEO of CashGuard on June 10

For further information, please contact; Agne Pettersson, MD and Group CEO, tel. +46-8-732 2200, agne.pettersson@cashguard.com Mats-Olof Ljungkvist, Chairman of the Board, tel. +46 708-86 90 13

This interim report has not been reviewed by the Company's auditors.

The report can be downloaded from the following link:



LINK: http://hugin.info/130261/R/1223563/258213.pdf

CashGuard AB

http://www.cashguard.se

ISIN: SE0000514440

Stock Identifier: XOME.CASH

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