BasWare - Company Announcement

Basware signs accounts payable automation and e-invoicing agreement with leading security company in North America

Basware Corporation, stock exchange release, October 2, 2014 at 10:15

Basware signs accounts payable automation and e-invoicing agreement with leading
security company in North America

Basware has signed an agreement with a major security company in North America
to provide its cloud based accounts payable and e-invoicing services. The
agreement includes invoice automation and 100% inbound e-invoicing services.
Basware is also providing Basware Analytics for improving accounts payable data
visibility and a mobile solution for processing e-invoices.The value of the
agreement is EUR 700,000 over three years."This organization is a subsidiary of our long-term customer and the agreement
being part of a global transformation programme of the parent company's accounts
payable process. We are very pleased to be helping them shape best practice in
purchase to pay across their operations and form a strategic partnership with
the parent company. Our joint mission is to deploy the Basware solutions quickly
and drive value across all entities whilst enabling them to gain greater
visibility into their purchase to pay process with seamless integration to their
multiple ERP systems," says Esa Tihilä, CEO Basware Corporation.

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

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