BasWare - Company Announcement

Basware to deliver Invoice Automation Solution to major retail company in the US

Basware to deliver Invoice Automation Solution to major retail company in the US

Basware Corporation stock exchange release, December 29, 2009
Basware, the global leader in purchase-to-pay solutions, announced today that it
had signed a contract to deliver its invoice automation solution to a major
retail company in the US. The value of the deal exceeds EUR 300,000.
The solution will be installed in USA supporting the North American operations."We are pleased to deliver the Basware Invoice Automation solution to a major
retail company in the US. This deal shows that our solutions are well-accepted
in the US as well as that our customer satisfaction and services are on a high
level," 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 <http://www.basware.com/><http://www.basware.com/>


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