BasWare - Company Announcement

Basware signs service agreement with leading building materials company in Finland

Basware Corporation, stock exchange release, October 9, 2012 at 15:30

Basware signs service agreement with leading building materials company in
Finland

Basware will supply extensive e-invoicing and invoice automation solutions as a
service to a leading building materials company in Finland. The solutions
include electronic and automatic processing of inbound invoices, supplier
portal, and service for exchanging procurement messages. The services will be
commissioned in Finland, and the value of the multi-year agreement is over EUR
400 000. The delivery will commence during October."Our new customer processes approximately 0.5 million inbound invoices and order
messages a year. With Basware's solution, the customer can increase the
efficiency of invoice processing and cooperation with suppliers," Esa Tihilä,
CEO, Basware Corporation, comments. "This agreement is a good proof of how our
service sales are increasing further in Finland as well, similarly to our other
market areas," Tihilä adds.

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

[HUG#1647683]