Innofactor Oyj - Company Announcement

Innofactor was selected to deliver an electronic communication system for the processing of applications for the City of Vantaa

Innofactor Plc Stock Exchange Release March 19, 2012, at 13:00 Finnish time



Innofactor Plc's subsidiary Innofactor Software Ltd was selected in a public
procurement procedure to deliver an electronic communication system for the
processing of applications for the City of Vantaa and its enterprises and
subsidiaries. The delivery includes the licenses and delivery of the system and
the services related to its implementation, support, maintenance and
development. The value of the contract during the next four years is
approximately EUR 740,000. 

The City of Vantaa handles annually tens of thousands different applications,
petitions and similar assignments, which are similar to each other's process.
The process includes a customer's assignment (an application, petition,
protest, etc.), treatment, advice, decision, payment, reporting and archiving.
The City has more than 100 different types of applications. 

This transaction strengthens Innofactor's position as a provider of eService
solutions in Finland. The solution is based on Dynasty® 360° information
management software, SharePoint 2010 and Innofactor® CDS® eForm component. 



INNOFACTOR PLC

Sami Ensio

CEO


Additional information:

Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029


Distribution:

NASDAQ OMX Helsinki
Main media
www.innofactor.com