BasWare - Company Announcement

Basware has signed a Software as a Service deal in North America

Basware Corporation stock exchange release, April 2, 2012 at 09:45


Basware has signed a Software as a Service deal in North America

Basware Inc.  has signed a Software as a Service deal with a large manufacturing
company of industrial batteries.  Basware will deliver invoice processing, scan& capture, supplier portal, e-Invoicing and service for sending procurement
messages. The value of the deal is approximately EUR 400 000.

The customer company's manufacturing plants are scattered around North America
and now Basware's solutions enable the customer company to shift towards a
shared service center function mode."Basware's Software as a Service solutions respond to the clear demand on the
markets for services automating financial processes. Basware Invoice Processing
solution together with other solutions to be delivered comprise a strong service
for automating the customer's processes and generating clear savings," says Esa
Tihilä, CEO Basware Corporation.

Basware Corporation

More information:
Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098
www.basware.com

Distribution
NASDAQ OMX Helsinki Ltd
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