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2007-05-22 08:30:00 CEST 2007-05-22 08:30:00 CEST REGULATED INFORMATION BasWare - Company AnnouncementBasWare to deliver an extensive software solution to Suomen TerveystaloSTOCK EXCHANGE RELEASE MAY 22, 2007 BasWare has signed a significant agreement with Suomen Terveystalo, a Finnish private healthcare company, for the delivery of Financial Management solutions as well as electronic invoice processing and procurement solutions. BasWare's solutions will be taken in to use in all the customer's offices and the number of users amounts to 780. Suomen Terveystalo will implement an end-to-end financial management solution including BasWare Business Planning software, BasWare Group Consolidation and the accompanying BasWare IFRS Package and BasWare Cash Flow and BasWare Transparent Reporting solutions as well as the BasWare Analyzer analysis tool. Together these solutions facilitate business planning as well as analysis and reporting. Additionally, the recently stock-listed company will use the solutions to automate the preparation of group financial statements according to IFRS. Suomen Terveystalo will also implement BasWare Purchase Management for procurement and BasWare eOffice and accompanying value added modules for electronic invoice processing. ”The agreement demonstrates the strengths of the BasWare portfolio and attests to BasWare's ability to answer customer needs in both Financial Management as well as in purchase to pay solutions. This marks a significant agreement for the Financial Management solutions,” says Ilkka Sihvo, CEO, BasWare Corp. ”We believe that implementing the BasWare solutions will significantly facilitate the preparation of financial statements and generate efficiencies and cost savings in our financial processes,” says Timo Leinonen, CFO, Suomen Terveystalo. For further information, please contact Ilkka Sihvo, CEO, BasWare Corp., tel. +358 40 501 8251 Timo Leinonen, CFO, Suomen Terveystalo Oyj, tel. +358 400 793 073 BASWARE CORP. Ilkka Sihvo Distribution: Helsinki Stock Exchange Principal media www.basware.com |
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