BasWare - Company Announcement

CORRECTION: Basware renews invoice automation agreement with major public organization in Finland

This is a correction of the announcement from 15:00 23.12.2013 EET. Reason for
the correction:

The value of the renewed contract on the delivery of invoice automation services
with a major public organization in Finland is approximately EUR 400,000 over
the next year - and not over three years as stated in the previous
announcement.

Basware Corporation, stock exchange release, December 23, 2013 at 15:00

Basware renews invoice automation agreement with major public organization in
Finland

Basware has renewed the agreement on the delivery of invoice automation services
with a major public organization in Finland. The services enable the customer to
process all received invoices electronically. The customer also uses Basware's
procurement solutions as a SaaS service. The value of the renewed contract is
approximately EUR 400,000 over the next three years."The renewed agreement proves that we have created a strong strategic
partnership with our customer. A transparent Purchase to Pay process that is
easy to manage has been created for the client, offering the client cost-savings
as well as significant efficiency improvements," says Esa Tihilä, CEO, Basware
Corporation. "With businesses increasingly sending e-invoices in addition to
receiving them, public organizations are also adopting electronic invoicing and
procurement at a rapid pace. All of the parties also have access to the benefits
of the Basware Commerce Network, which connects buyers and sellers to facilitate
easier and more fluent processing of invoices and more efficient business for
everyone in the network."

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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