BasWare - Company Announcement

Basware expands cooperation with major Finnish corporation in the energy and ICT industry by delivering source-to-pay and e-invoicing services

Basware Corporation, stock exchange release, August 31, 2015 at 10:00

Basware expands cooperation with major Finnish corporation in the energy and ICT
industry by delivering source-to-pay and e-invoicing services

Basware has signed an agreement on the delivery of source-to-pay and e-invoicing
services to a Finnish multinational corporation in the energy and ICT industry.
The customer is currently using license-based invoice automation solutions. The
new agreement includes a comprehensive source-to-pay solution and inbound e-
invoicing. In addition, Basware will deliver a contract management solution,
supplier services and the Basware Analytics reporting solution. The new services
will be deployed in five countries. The value of the three-year agreement is
approximately EUR 450,000."We are very pleased to offer new comprehensive services to enhance the entire
purchasing process of our customer. With Basware's services, our customer will
automate the entire process from sourcing to payment, thereby facilitating
business growth. Basware Analytics provides detailed and real-time data which
will improve the source-to-pay process as a whole, helping to make better
decisions", says Esa Tihilä, CEO, Basware Corporation.

For more information, please contact:

Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098

Distribution:
NASDAQ OMX Helsinki Ltd
Main media
www.basware.com

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