Formpipe receives another cloud-based Lasernet order through their partner Ferranti, for a UK based utilities company. The initial order value is estimated to SEK 1.4 million over a four-year period.

“We are continuously strengthening our presence in Europe and the knowledge of our offerings around our output management solutions Lasernet is spreading specifically within the Microsoft Dynamics AX area. As a part of this work we are very happy to announce that we have succeed in building a strong cloud-based offering together with Ferranti, with Lasernet included as a standard module in Ferrantis business support system for energy and utility companies”, says Christian Sundin, CEO of Formpipe.

The Lasernet solution for AX utilises the strength of both Microsoft Dynamics AX and Lasernet to deliver solutions for report design, archive and distribution.

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 Monday, July 4, 2016.