QBNK receives its first upgrading deal

Press Release

One of QBNK’s existing clients have chosen to upgrade to the new version of QBank. The international-based client will receive its upgrade during the fourth quarter of this year in order to be prepared for new integrations and projects due 2015.

In the past two years, QBNK has developed a new version of QBank. The aim has been to create a more modern solution capable of adapting to the increasing demand of faster communication. This enables our clients’ products to reach the market faster.

Among other things, the new version contains improved support for responsive images and videos, making it easier for clients to use them in their various channels such as web, mobile phones and tablet readers.

Some of the other updates include:

• Brand new user-friendly interface
• Dropbox and Google Drive compatability 
• Improved support for video and basic editing
• Open and documented API for compability with other systems 
• Automatic import and export
• News feed
• Information bank with best-practise

The new version will improve margins while reducing administration time and the need for support. The product has been adapted to our business model with partners which improves scalability. We’re expecting that a client’s upgrade will result in new projects both for us and our clients. We have ongoing discussion with several clients regarding upgrades. The order value of this upgrade is estimated at 300 TSEK.


About QBNK Holding AB (publ)

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

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