BasWare - Company Announcement

Basware Corporation lowers the 2011 estimates

Basware Corporation lowers the 2011 estimates

Basware Corporation stock exchange release, December 7, 2011 at 15:10

Basware Corporation has previously estimated that the net sales in 2011 will
grow over 5-9 percent and that the operating profit (EBIT) for 2011 is expected
to be 11,5-14,5 percent of net sales. The growth of Basware Corporation's net
sales are now estimated to be positive but below the previous estimate.
Operating profit (EBIT) is expected to be over 10 percent of net sales.

The change in net sales and operating profit guidance is based on significantly
lower than expected license sales in the fourth quarter.

For more information, please contact:

Basware Corporation

Esa Tihilä, CEO
Tel. +358 40 480 7098

Distribution:

NASDAQ OMX Helsinki Ltd

www.basware.com


[HUG#1569744]