Strong 2016 results from FastPassCorp

We have today announced the annual results for 2016 to Nasdaq/Copenhagen SE. Profit more than doubled with strong growth in new users and partner commitments (Pressrelease in Danísh link) coupled with a positive cashflow.

The board also announced a very strong growth agenda for FastPassCorp based on the important success with large Managed Service Providers / IT-outsourcing partners we have seen in 2016 and before. FastPassCorp will make significant investments in product development and customer support to achieve a growth to 3-4 times the present revenue for the next 4-5 years.

The vision is to extend FastPass to be the leading product in Easy and Secure Authentication Compliance. It is expected that the market focus on secure solutions will be driven by the new EU General Data Protection Regulation GDPR act.

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