Innofactor Plc Stock Exchange Release May 12, 2014, at 18:15 pm Finnish time
Innofactor has won a public procurement tender to deliver a comprehensive funds management solution to Finland’s Slot Machine Association (RAY). The total solution includes a case management system, a payment request handling system, Windows Azure based eServices, document and information management systems as well as integrations to a number of other systems. The system solution is based entirely on Microsoft platforms. The phased delivery of the solution is estimated to take place during 2014—2016.
The value of Innofactor’s offer that won the tender is 3,214,166 euros.
The transaction further strengthens Innofactor’s position as a key provider of Microsoft based eServices solutions in the Finnish public and third sectors.
The main purpose of Finland’s Slot Machine Association (RAY) is to raise funds through gaming operations to promote Finnish health and welfare. RAY’s gaming operations are based on offering entertaining and exciting games and services in a responsible manner. RAY’s entire proceeds are used for supporting Finnish health and social welfare organizations as well as for the benefit of the country’s war veterans. The aim is to continue to secure funding for innumerable important projects and ventures. Around 800 organizations receive funding each year.
Espoo, May 12, 2014
INNOFACTOR PLC
Sami Ensio, CEO
Additional information:
CEO Sami Ensio, Innofactor Plc
Tel. +358 50 584 2029
sami.ensio@innofactor.com
Distribution:
NASDAQ OMX Helsinki
Principal media
Innofactor is one of the leading Nordic IT solution providers focused on Microsoft platforms. Innofactor delivers business critical solutions and maintenance services as a system integrator and develops its own software products and services. Innofactor’s own product development is focused on Microsoft’s Windows Azure based cloud solutions. Innofactor's customers include over 1,000 private and public sector organizations in Finland, Denmark, Sweden and elsewhere in Europe. The company has over 400 motivated and skilled employees in a number of locations in Finland, Denmark, Sweden and Russia. From 2009 to 2013, Innofactor's annual net sales growth has been 43 percent on average. Leading Finnish business publication Kauppalehti selected Innofactor as the most successful company on the Finnish stock exchange in 2013. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy.