Formpipe receives a SEK 1.2 million order from a Swedish Authority

Formpipe receives an order on the ECM product Platina from Boverket (The Swedish National Board of Housing, Building and Planning) The total order value amounts to SEK 1.2 million.

“The service demands are increasing and the public sector needs to be fast moving, for example by providing new e-services that are requested by both the public and businesses. Self-service, directly integrated with back-end systems for case and document management results in more service for less money”, says Christian Sundin, CEO of Formpipe.

Boverket has the mandate to administer a number of subsidies in the field of construction and housing. In the tender, Boverket describes that it is increasingly common with new types of targeted subsidies. There are also demands for stricter regulations on managing and monitoring budgets. A feasibility study recommended a new system for the Boverket's subsidy management based on a document and workflow management system that supports these complex processes.

Boverket also states that there is a great potential for improved efficiency and customer service, by changing the management process when receiving and responding to questions from the public and organizations. An integrated document and workflow management system is essential for realizing this potential.

In accordance with the Swedish Public Procurement Act, a 10-day period of appeal now follows before the agreement can be signed.

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 Monday, November 4, 2013.

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, and in Copenhagen, Denmark. The Formpipe share is listed on NASDAQ OMX Nordic, Small Cap.