Our history

Xpres AS’ history started in 1998 when the company SafetyCable AS was established. SafetyCable AS developed, manufactured and sold anti-theft devices for electrical appliances in Norway and the international market. SafetyCable AS was sold in 2010 and the company’s technology was bought by Xpres AS. Xpres AS has developed the technology further and is currently the technology leader within hardware theft protection.

The companys international patent application for the product SmartPlug was approved. Xpres Interactive was established in Asia for international sales of the Company’s products.

A new patent application were filed for unique elements in the product SmartPlug. Xpres Ltd. was established in the UK for distribution of Xpres products in the UK.

Head office is moved to Stavanger-Norway. Development of new product line was initiated.

SafetyCable AS is sold. The technology and rights is bought by Xpres AS.

Xpres AS was established.

Local office in Lysaker. SafetyCable participates at CeBIT in Hannover.

SafetyCable is awarded three US-patents for unique and central traits of the products. Offices in Nedre gate 8.

SafetyCable move its manufacture line to the Czech Republic, where it remains today.

SafetyCable is awarded Product of the Year 2001 by Kapital Data in the international category for Security Products. SafetyCable now has 16 employees. The company’s market value is NOK 90 million.

Production line established in Dælenenggata where safety Cable was assembled manually . SafetyCable AS is registered at the “Unoterte listen” (OTC) at Oslo Stock Exchange under the ticker «SACA».

The company’s offices were moved to Dælenenggata 20 by Carl Berners Plass. The first patent for the SafetyCable-product was awarded.

The SafetyCable product was enrolled at Teknologisk Institutt (Oslo)’s program «New Technology Venture Creation» and got the IT-legend Lars Monrad-Krohn as adviser. 31.July the company Safety Cable AS was founded by CEO Knut Foseide and Lars Monrad-Krohn was appointed as the first chairman. The first head office was located at Schøningsgt 29 B.

Norwegian patent applications were filed for several unique elements in the product SafetyCable. SafetyCable ended among the foremost contributions to this year’s innovation award Reodor.