NASDAQ OMX Welcomes Formpipe Software To The Main Market

NASDAQ OMX (NASDAQ:NDAQ) announced that Formpipe Software AB (FPIP), a small cap company within the Information Technology sector, today starts trading of its shares on the main market of NASDAQ OMX Stockholm. Formpipe Software is the first company to list on NASDAQ OMX Nordic markets in 2010, and the eighteenth company to move from First North to the main market.

FormPipe Software AB is a Swedish-based software company in the field of Enterprise Content Management (ECM). FormPipe Software develops and markets software that is used to capture, structure, improve the efficiency of and distribute information flows. The company focuses on ECM products for secure document and case management, and efficient solutions in the field of incoming and outgoing data management. Formpipe has been listed on First North since 2005.

Jenny Rosberg, Senior Vice President at NASDAQ OMX said, “We are pleased to welcome Formpipe to our main market and the IT sector. Formpipe's listing today proves a great example of how First North can provide the necessary experience and capital strength before entering our main market. We look forward to supporting Formpipe in building investor awareness and visibility around their business.”

Christian Sundin, CEO at Formpipe Software commented, “We look forward to the increased visibility towards international investors that comes with a listing on the main market. Formpipe is very well positioned in the ECM space; a market with tremendous growth potential that we think will have the same significant impact on content management as ERP had for business management solutions some 20 years ago.”