BasWare - Company Announcement

Basware expands agreement to include Invoice Automation and Transaction Services with non-profit organization in Canada

Basware Corporation, stock exchange release, December 21, 2012 at 12:30

Basware expands agreement to include Invoice Automation and Transaction Services
with non-profit organization in Canada

Basware will deliver Invoice Automation and Transaction Services to a non-profit
organization in Canada. The services to be delivered include Basware Invoice and
Basware Scan & Capture. The previously started project to deliver Basware Travel
solution is concluding in the coming days. The value of the deal exceeds EUR
450,000 over the next three years. The project to deliver the new services will
begin early 2013."We aim to increase our global presence by putting additional emphasis on sales
on selected key markets for getting a higher share in P2P software and services
business. North America is one of our selected key markets", says Esa Tihilä,
CEO, Basware Corporation. "We have witnessed growth in our SaaS-based business
in North America throughout the year."


For more information, please contact:


Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098

Distribution:
NASDAQ OMX Helsinki Ltd
Key media
www.basware.com

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