2009-09-22 14:00:17 CEST

2009-09-22 14:01:21 CEST


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BasWare - Company Announcement

Basware to deliver Invoice Processing Solution to Her Majesty's Prison Service



Basware to deliver Invoice Processing Solution to Her Majesty's
Prison Service

Basware Corporation stock exchange release, September 22, 2009 at
15:00

Basware, the global leader in purchase-to-pay solutions, announced
today that it had signed a contract to provide its invoice workflow
solution at Her Majesty's Prison Service (HMPS) to 5700 users. The
solution will support HMPS' continued drive to cut internal costs
within its accounts payable department and speed up payments to
suppliers.
As the British Executive Agency that manages 138 prisons within
England and Wales, HMPS reports into the Ministry of Justice. In
2005, The HMPS Shared Services Centre was set up in Newport, UK to
handle all finance, procurement and HR activities.

Basware Invoice Processing solution was selected after a review of
several other suppliers.  The system, which will be accessed by the
Accounts Payable team as well as 5,700 users throughout the UK, will
help deliver prompt payment of about 750,000 invoices each year."We are pleased to be delivering the Basware Invoice Processing
solution to a large public sector organisation such as Her Majesty's
Prison Service.  The deal is testament to our continued success
within the UK and and encourages us to continue with our chosen
strategy in a market where our services are so well-received," said
Ilkka Sihvo, CEO, Basware Corporation.

For more information, please contact
CEO Ilkka Sihvo, Basware Corporation, Tel. +358 9 8791 7251 or +358
40 501 8251

BASWARE CORPORATION
Ilkka Sihvo

DISTRIBUTION
Helsinki Stock Exchange
Principal media
www.basware.com