2013-04-05 12:00:00 CEST

2013-04-05 12:00:21 CEST


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BasWare - Company Announcement

Basware signs agreement on Invoice Automation solutions powered by Alusta with a major broadcasting company in North America


Basware Corporation, stock exchange release, April 5, 2013 at 13:00

Basware signs agreement on Invoice Automation solutions powered by Alusta with a
major broadcasting company in North America

Basware will deliver Invoice Automation solutions to one of the largest
broadcasting companies in North America. The services that the customer is using
are powered by Alusta, the unified cloud-based platform for Purchase-to-Pay. The
specific services to be delivered include Basware Invoice Automation along with
Basware Match Plans, Match Orders and online shopping functionality for e-
procurement as well as Basware Mobile, Scan & Capture and Supplier Portal. The
value of the service agreement is approximately EUR 900,000 over the next three
years."We are very happy to see the use of Basware's Alusta technology, which is an
essential part of company's strategic change and transition to service-oriented
business, expanding also in North America, one of our key markets. The customer
handles close to 200 000 invoices annually and benefits from the centralized
access to all our services via Basware Commerce Network which is founded on the
principles of openness, where all types of organization can collaborate and
trade, making it the largest in the world ", says Esa Tihilä, CEO, Basware
Corporation. "The latest release of Alusta brings new functionalities and
additional control for the customer over the entire accounts payable process",
Tihilä continues.

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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