Formpipe receives order in the Life Science sector valued to SEK 1 million

Purna, a Belgian company in the Life Science sector has signed a contract for Platina QMS to handle and streamline its quality processes and quality documentation; Formpipe’s partner Sigma is the service provider. The order value amounts to SEK 1 million.

“We believe that implementing Platina QMS will drive efficiency in our operations, our documents and processes will be more structured and thereby improve our quality management and compliance processes. This means that we reduce risk and increase our competitive edge”, says Bart Peeters, Managing Director at Purna.

“We are proud to announce that Purna choose Platina QMS as its quality management system. We have significantly strengthened our offering in Life Science, particularly through the acquisition of GXPi, which will enable faster international expansion in this key sector. We have noticed an increased interest in our products in the Benelux area and Formpipe has established a satellite office in the Netherlands”, says Christian Sundin, CEO of Formpipe.

Purna is an independent Belgian company with 160 employees, providing full service contract manufacturing of pharmaceutical and cosmeceutical non-sterile liquids and semi-solids. As well as the contract manufacturing services, Purna also exports pharmaceutical products under their own label.

Platina QMS by Formpipe is a powerful, flexible and modular Electronic Quality Management System (EQMS) that meets the regulatory compliance requirements and provides control for quality and continuous process improvement.

Of the total order value, license revenues of SEK 0,7 million are recorded in third quarter of 2014, while associated revenue will be allocated throughout the contract period.

For additional information, contact:
Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85

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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.

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 Thursday, August 14, 2014.

Formpipe develops ECM products and solutions 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 was founded in 2004 and has offices in Stockholm, Uppsala and Linköping in Sweden, in Copenhagen, Denmark and in Nottingham, UK. The Formpipe share is listed on NASDAQ OMX Nordic, Small Cap.