BasWare - Company Announcement

Basware extends cooperation with Skanska in Finland

Basware extends cooperation with Skanska in Finland

Basware Corporation stock exchange release, December 22, 2011 at 14:30

Basware will deliver Basware Invoice Automation and Basware Connectivity
Services to Skanska construction group in Finland. The value of the deal for the
next three years is significant. The solutions will be taken into use during
2012.

Skanska has already been Basware's Invoice Automation customer in Estonia and
partly in Finland. Now the use of Basware Invoice Automation solution will be
extended to the whole Skanska organization in Finland.  In addition, Skanska
will take Basware Purchase Invoice Matching, Order Matching and Mobile Client
into use.  Also Basware Connectivity Services to be delivered includes scanning
services and automated handling of incoming e-Invoices."We are happy to extend our cooperation with a Fortune 500 list company like
Skanska. This extension is a proof of customer satisfaction. Basware Invoice
Automation solution together with Basware Connectivity Services increase the
level of automation of invoice processing and make business processes more
efficient in Skanska", says Esa Tihilä, CEO, Basware Corporation.

The scan & capture service is part of Basware Connectivity Services that enable
companies to improve purchase-to-pay process quality as well increase the number
of electronic invoices, purchase messages and supplier catalogs while reducing
time spent on reviewing, approving and processing. The Basware Connectivity
Services also makes it easier for suppliers to start transacting electronically.

For more information, please contact:
Esa Tihilä, CEO
Tel. +358 40 480 7098

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


[HUG#1573443]