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2009-09-24 09:08:52 CEST 2009-09-24 09:09:54 CEST REGULATED INFORMATION BasWare - Company AnnouncementBasware to deliver Enterprise Purchase to Pay solution to the State of South AustraliaBasware Corporation stock exchange release, September 24, 2009 Basware will deliver Basware Purchase to Pay solution to the State of South Australia. The total value of the deal is approximately EUR 3.4 Million ($5.7 Million Australian Dollars). The implementation of the solution will be started in September 2009 and the rollout to 19 agencies is estimated to be completed by December 2010. The State of South Australia is the fourth largest of Australia's six states and two territories and ranks fifth in population with nearly 1.6 million people."We are extremely happy to start working with such an important new customer in Australia right after our recent acquisition in Australia and to further extend our presence on the continent. Basware Enterprise Purchase to Pay solution will unify the processes across the State of South Australia resulting in cost savings for the State", says CEO Ilkka Sihvo, Basware Corporation. Basware Enterprise Purchase to Pay solution streamlines and automates procurement and accounts payable invoice processing, enabling organizations to focus on creating added value for their customers. BASWARE CORPORATION Ilkka Sihvo For more information, please contact: CEO Ilkka Sihvo, Basware Corporation Tel. +358 9 8791 7251 or +358 40 501 8251 Distribution NASDAQ OMX Helsinki Ltd Key media |
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