One warrant entitles the holder to subscribe for one new share in the Company. The Incentive Program was heavily oversubscribed. Of the offered warrants, 58 percent were subscribed for by the Swedish and Danish management and 42 percent by the other staff.

"The great interest in the incentive program shows that our employees have a very strong confidence in Formpipe" says Christian Sundin, CEO of Formpipe Software.

The Board wishes to promote the Company’s long-term interests by preparing its employees a well- considered incentive program, which allows them to take part in an increase in the value of the Company.

The increase in the Company’s share capital at full subscription with the support of all warrants will be SEK 100.000 corresponding to a dilution of about 2 percent of the total number of shares and votes in the Company.

For additional information, contact:
Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85