BasWare - Company Announcement

Basware to deliver Invoice Automation Solution to a large energy company in US

Basware to deliver Invoice Automation Solution to a large energy company in US

Basware Corporation stock exchange release, December 31, 2009 at 09:15

Basware, the global leader in purchase-to-pay solutions, announced today that it
had signed a contract to provide its invoice automation solution to a large
energy company in US. The value of the deal exceeds EUR 500,000.

“We are pleased to be delivering the Basware Invoice Automation solution yet to
another industry segment. Our solutions are industry-independent, modular and
applicable to companies of all sizes,” said Ilkka Sihvo, CEO, Basware
Corporation.

Basware Invoice Automation (IA) uses automatic, business-rule based matching to
minimize the need for time-consuming, repetitive invoice-handling tasks and
enable efficient management of exceptions. Basware Invoice Automation optimizes
process performance in financial departments and business units, enabling your
organization to focus on creating added value for your customers.

For more information, please contact
CEO Ilkka Sihvo, Basware Corporation,
Tel. +358 9 8791 7251 or +358 40 501 8251

BASWARE CORPORATION
Ilkka Sihvo

DISTRIBUTION
Helsinki Stock Exchange
Principal media
www.basware.com


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