FormPipe Software receives order from a Swedish authority worth SEK 2 million

FormPipe Software receives a supplementary order on the ECM product FormPipe Platina from a Swedish authority within the Swedish Armed Forces. The total order value amounts to SEK 2 million.

“More and more of our existing customers are increasing their investments in our ECM products. It is one of the best evidences to get that our solutions satisfy the needs of the market”, says Christian Sundin, CEO of FormPipe Software.

Of the total order value, license revenues of SEK 1.4 million are recorded in fourth 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, President and 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 Thursday, 20 December 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.