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FORMPIPE SOFTWARE AB: Formpipe receives UK Lasernet order worth SEK 2.1 million

Formpipe receives UK Lasernet order worth SEK 2.1 million

Formpipe receives an order on the ECM product Lasernet through a UK based
partner. The total order value amounts to SEK 2.1 million over a four year

“Our input/output management product, Lasernet, continues to win deals with an
increasingly higher business value and we are strengthening our presence in
Europe. As a part of this work, we are happy to announce that this license deal
was closed from our UK office. We established our Lasernet office in UK during
2015 and we see a number of business opportunities within this area going
forward”, says Christian Sundin, CEO of Formpipe.

Of the total order value, license revenues of SEK 1.3 million are recorded in
second quarter of 2016, while associated revenue will be allocated throughout
the contract period.

Lasernet helps customers around the globe to convert and communicate business
documents in all formats.

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

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, May 11, 2016.

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 Sweden,
Denmark, United Kingdom, The Netherlands and USA. The Formpipe share is listed
on NASDAQ Stockholm.

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