FormPipe Software receives order valued at SEK 4.6 million

FormPipe Software receives order on the ECM product FormPipe W3D3 from a large Swedish authority. The total order value amounts to SEK 4.6 million.

"Many of the major authorities and municipalities make use of FormPipe Software's products for document- and case management. We have a great deal of satisfied reference customers and the market's strongest product offering with well-developed standard functionality for public administration. As a result, FormPipe Software is the most frequently selected provider of ECM products in the public sector in Sweden", says Christian Sundin, CEO of FormPipe Software.

Of the total order value, license revenues of SEK 3.3 million are recorded in second quarter of 2012, while associated revenue will be allocated throughout the contract period.

This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.

For additional information, contact:
Christian Sundin, CEO of FormPipe Software AB, +46 705 67 73 85

 

The information in this press release is of the kind that FormPipe Software AB (publ) is required to disclose in accordance with the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication on Friday, 29 June 2012.

ABOUT FORMPIPE SOFTWARE
FormPipe Software develops ECM products for structuring information and supplies them to major companies, authorities and organisations. ECM products help organisations to capture, manage and distribute information, and to place it in context. The company’s software helps improve efficiency, cut costs and reduce risk exposure.

FormPipe Software was founded in 2004 and has offices in Stockholm, Uppsala and Linköping in Sweden, and in Copenhagen, Denmark. The FormPipe Software share is listed on NASDAQ OMX Nordic, Small Cap.