Basware Oyj

M&A Activity • Jan 10, 2012

Disclosure 296402

BasWare - Company Announcement

Basware and a large Finnish industry group renewed their agreement

Basware and a large Finnish industry group renewed their agreement Basware Corporation stock exchange release, 10.1.2012 at 16:30 Basware and a large Finnish industry group renewed their agreement for next three years. According to the agreement Basware will deliver Basware Invoice Automatio solution, scan&capture and e-Invoicing services to the group globally. The value of the deal exceeds EUR 450 000."We are happy to be able to renew our agreement with existing customer, which is a proof that our solutions are scalable and suit well the needs of our customers", says Esa Tihilä, CEO Basware Corporation. The scan & capture service is part of Basware Automation Services that enable companies to improve purchase-to-pay process quality as well increase the number of electronic invoices, purchase messages and supplier catalogs while reducing time spent on reviewing, approving and processing. Basware Automation Services also makes it easier for suppliers to start transacting electronically. More information: Esa Tihilä, CEO, Basware Corporation Tel. +358 40 480 7098 www.basware.com Distribution NASDAQ OMX Helsinki Ltd Main media [HUG#1576423]