Umeå University is one of the nation's largest universities. To manage their information flow, QBank has been acquired to act as a central hub in all their communications. QBank will handle high-resolution photos, movies and documents, etc and automate the workflow in the channels (web, print, social media) used by the University.
One of the specific needs was to simplify work for web editors in their daily work with images and videos. QBank's plugin for EPiServer 7 allows editors going from spending 12-15 minutes per image to only 2-3 minutes. Cropping and resizing images is handled automatically in QBank.
Another need was to manage high resolution images for internal production of marketing materials, but also a channel for press, photographers, and other external contacts. That solution will become a separate web page where images and movies will be available for download in various formats. One of QBank's benefits is the possibility of smooth integration with other systems and solutions.
Umeå University will become a new customer to QBank and it opens up a new market for us. The order value is currently not official but it can be regarded as a normal-sized deal.
Umeå University is one of Sweden's largest universities with 32,000 students and 4,300 employees. There are well-established international research and training and one conducts research under four faculties: humanities, social sciences, medical and technical-scientific faculty.
QBank's mission is to provide companies and government agencies cloud-based products and services in Digital Asset Management. The company is growing at 30-40% per year.
The ticker symbol for the stock is: QBNK
ISIN code of the company's shares is: SE0005934023
For more information, please contact:
Carl Petruson, CEO
QBNK Holding AB (publ)
Tel: +46 8-459 99 90
e-mail: carl.petruson@qbank.se