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2009-06-23 16:04:32 CEST 2009-06-23 16:05:34 CEST REGULATED INFORMATION BasWare - Company AnnouncementBasware to deliver an extensive Connectivity services solution to SITABasware 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 Key media |
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