Formpipe receives order from Danish authority valu

Erhvervsstyrelsen (Danish Business Authority) and Formpipe has signed an agreement for development of a payment module. The total order value amounts to approximately SEK 5 million and the agreement covers the development and maintenance of the module.

The solution will ensure the Authority's customers a fast and cost efficient access to company data through credit card payments. The payment module supports the authority’s work for increased digitization and self-service.

“The need for efficient e-governance leads to further investments in existing or new ECM solutions in the public sector. Our products enables our public sector customers to offer  more service for less money, such as self-service, automated and digitized processes", says Christian Sundin, CEO of Formpipe .

Erhvervsstyrelsen have for many years used the Grants Management product TAS to manage their application and grant processes. In addition to this Formpipe is a supplier on the Modernization Program at Erhvervsstyrelsen, which runs until 2015, in which the authority will make a complete modernization of IT systems, both to ensure an improved service to companies that come in contact with the authority and also to ensure internal efficiency in the administration.

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, October 28, 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.