Formpipe recieves order from a Danish company worth SEK 1.2 million

Formpipe receives an order for Lasernet through their partner Tabellae regarding a Danish customer. The order value amounts to SEK 1.2 million.

“Digitization enables us to automate routine tasks for our clients, allowing them to offer a better service at a lower cost. We can now see an increased demand for our input/output management product, both in Denmark and internationally”, says Christian Sundin, CEO of Formpipe.

Lasernet handles a multitude of business process automation and streamline tasks regarding design and distribution of business documents such as invoices, credit notes, delivery notes, sales orders etc. Formpipe has more than 2.000 Lasernet customers around the world who are supported by a network of certified resellers and Formpipe offices.

Of the total order value, license revenues of SEK 0.6 million are recorded in fourth quarter of 2015, 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 Monday, December 14, 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.