BasWare - Company Announcement

Basware to deliver Invoice Automation Solution to a global industrial company in North America

Basware to deliver Invoice Automation Solution to a global industrial company in
North America

Basware Corporation stock exchange release

March 8, 2010 at 15:50

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 global
industrial company in North America. The value of the license deal exceeds EUR
600,000 in the first phase. The deployment and rollout of the application
includes also a significant element of managed services provided by Basware."We are pleased to be delivering the Basware Invoice Automation solution yet to
another global company. Our solutions are industry-independent supporting
multilingual and currency needs, 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
NASDAQ OMX Helsinki Ltd
Principal media
www.basware.com


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