Formpipe receives US Life Science order worth SEK 1.2 million

Formpipe receives an order regarding an Enterprise Compliance Platform to a US customer, for managing their quality and product documentation. The total order value amounts to SEK 1.2 million over three years.

“We’re pleased to help another Life Science sector organization stay simply compliant. We are also pleased that the deal was made from our US office. We recently established a company in the US and appointed sales and marketing resources in order to increase Formpipe's growth and presence on the world’s biggest Life Sciences market. We can already note that the interest for our products is increasing”, says Christian Sundin, CEO of Formpipe.

The product suite (X-docs™, X-train™ and X-forms™) utilises much of the basic functionality offered by SharePoint particularly around the basic data model, versioning, access control and management of the audit trail. On top of this functionality there is a set of configurable features to provide a comprehensive platform to enable small and midsize Life Science companies to meet the compliance standards required by the agencies.

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

_______________________________________________

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 Tuesday, June 16, 2015.

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 Sweden, Denmark, United Kingdom, The Netherlands and USA. The Formpipe share is listed on NASDAQ Stockholm.