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Formpipe Software AB
Sveavägen 168, Stockholm
Box 231 31, 104 35 Stockholm
SE – Sverige
Tel: +46 8 555 290 60
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Linköping

Gasverksgränd 2, 582 22 Linköping
Tel: +46 8 500 072 25
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Engelbrektsgatan 6, 702 12 Örebro

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Lautrupvang 1
2750 Ballerup
Tel: +45 3325 6555
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Germany

Formpipe Lasernet GmbH
THE SQUAIRE 12
Am Flughafen
60549 Frankfurt am Main
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UK, Cambridge

First Floor, Block A, Harston Mill,
Cambridge – CB22 7GG
Tel: +44 1223 872747
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UK, Nottingham

Unit 1, Isaac Newton Centre 
Nottingham Science Park
Nottingham – NG7 2RH
Tel: +44 115 924 8475
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USA

Formpipe, inc.
1200 US Highway 22 E Suite 2000
Bridgewater, NJ 08807
Tel : +1 908 200 7937
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02 October 2013 13:32 CEST Press release Regulatory

Formpipe receives order on e-archiving valued at SEK 4 million

Formpipe receives an order from a large Swedish authority on the ECM product Long-Term Archive. The SEK 4 million license revenue will be recognized over the six year life of the contract.

Recently Formpipe was signed as a vendor on the SKL frame agreement on e-archiving.  The total value of the frame agreement is estimated to be around SEK 250 million.

- The SKL frame agreement puts the light on e-archiving and we can see evidences of increased activity within this area. What we see is increased demand for IT systems that minimize cost for previously expensive and complex archiving processes and at the same time delivers improved service and accessibility to the citizens, says Christian Sundin, CEO of Formpipe.

All municipalities, county councils, regions and public-owned companies need IT systems to facilitate digital archiving without compromising their accessibility to thousands of documents and cases handled within the organization. The public sector is governed by rules and regulations explicitly saying how this information is to be archived and preserved for the future.

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 Wednesday, October 2, 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.