Formpipe receives an order regarding an add-on product for digital meeting management from a larger Swedish municipality. The total order value amounts to SEK 1 million. 

“Public sector puts a major focus on digitalizing their operations. Our product for digital meeting management is an add-on module, integrated with our products for case- and document management both on the Danish and the Swedish market. This gives us a large customer base in need for the solution and the customer shows a great interest in the product” says Christian Sundin, CEO of Formpipe.

Of the total order value, license revenues of SEK 0.7 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

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 Friday, November 27, 2015.