"We see that our products are highly competitive and existing customers are increasing their investments in our ECM products. Through experience and knowledge due to a long-term relation with the public sector, we continue to generate steady income to the company," says Christian Sundin, CEO of Formpipe.

Of the total order value, license revenues of SEK 1.5 are recorded in second quarter of 2014, while associated revenue will be allocated throughout the contract period.