2009-06-23 16:04:32 CEST

2009-06-23 16:05:34 CEST


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BasWare - Company Announcement

Basware to deliver an extensive Connectivity services solution to SITA



Basware Corporation stock exchange release, June 23, 2009, 17:00
Basware will deliver Basware Connectivity services to SITA Northern
Europe Waste Services (NEWS) in the Netherlands, Belgium, Luxembourg
and Germany.  The expected turnover of the deal  is approximately EUR
500.000 over a three-year-period.  The service rollout will be
completed at the end of 2010.
Basware Connectivity is a new set of services which enable suppliers
and buyers of all sizes and maturity to transact electronically."We launched Basware Connectivity services as a complete solution in
2009 and are pleased to see that the service is well-received on the
markets.  Basware Connectivity service allows companies to handle
purchase to pay processes online and to achieve fast return on
investment, "says CEO Ilkka Sihvo, Basware Corporation."We chose Basware Connectivity service to improve our P2P processes,"
says Serge Flantua, Director Shared Services, SITA NEWS.

The Basware Connectivity service offers various ways to deliver
e-invoices and purchase messages between suppliers and buyers related
to Basware Enterprise Purchase to Pay Solutions.  E-invoices and
purchase messages are delivered through Basware  Business
Transactions. Basware Scan and Capture solution converts all paper
invoices into electronic format.  Basware Supplier Portal offers the
ability for suppliers to key-in invoices, handle purchase messages
and catalogues. Basware Supplier Activation service enables suppliers
to convert paper invoices into electronic invoices.

SITA NEWS is part of the Suez Environnement Group. Each day, SUEZ
Environnement and its affiliates deal with the challenge to protect
resources by providing innovative solutions to industry and to
millions of people. SUEZ ENVIRONNEMENT supplies drinking water to 76
million people, provides wastewater treatment services for 44 million
people, and collects the waste produced by 51 million people. SUEZ
ENVIRONNEMENT has 65,400 employees and, with a presence on all five
continents, is a world leader exclusively dedicated to environmental
services. In 2008, SUEZ ENVIRONNEMENT reported revenues of 12.4
billion euros. SUEZ ENVIRONNEMENT is a 35%-owned subsidiary of GDF
SUEZ.
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
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