BasWare - Company Announcement

Basware acquires TNT Post's Connectivity operations in the Netherlands

BASWARE STOCK EXCHANGE RELEASE,  OCTOBER 5, 2010 at 08:40

Basware Corporation has agreed on the acquisition of TNT Post's Connectivity
operations, which is a part of TNT Post's electronic invoicing operations in the
Netherlands.  TNT Post's Connectivity operations has over 100 e-invoice
customers and the estimated amount of annual transactions is close to 1 million.

The Connectivity e-invoice services of TNT Post's customers will be gradually
transferred to Basware's e-invoice service.  The transfer is estimated to be
completed by the end of 2010. Additionally 2 employees will join Basware in
connection with the acquisition."This acquisition supports the business of Basware's Automation services and
expands our network in Central Europe. E-invoice penetration is growing in
Europe and we continue to look for business opportunities there," says Ilkka
Sihvo, CEO at Basware Corporation.

For more information, please contact
CEO Ilkka Sihvo, Basware Corporation, Tel. +358 40 501 8251

BASWARE CORPORATION
Ilkka Sihvo

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Key media
www.basware.com



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