Basware Oyj

Regulatory Filings • Oct 1, 2010

Disclosure 281421

BasWare - Company Announcement

Basware sign agreement with VVO, a publicly listed housing services company

Basware Corporation stock exchange release, October 1, 2010 at 10:30 Basware will deliver Basware Purchase Management solution to VVO, which is a Finnish publicly-listed company providing housing services. The value of the deal exceeds EUR 400.000 when completed. Implementation of the solution starts immediately and is estimated to be completed by mid 2011. VVO is already using Basware Invoice Automation and e-invoice services. The new Basware Purchase Management solution to be delivered integrates seamlessly to services already in use and together they cover the whole purchase to pay process. Basware will deliver Basware Purchase Management (PM), Basware Order Matching (OM), Basware Contract Lifecycle Management (CLM) and Basware RFx Management solutions to VVO. In addition, VVO will start using Basware Catalogue Exchange Services and Supplier Portal, which allow VVO to receive catalogs electronically to Basware Purchase Management solution. VVO can also receive purchase orders and create an invoice in an easy and safe manner."We are happy to deliver additional solutions to an existing customer. This is a clear proof of good cooperation and high customer satisfaction. Our solutions are modular and can be implemented according to customers' needs. Basware Enterprise Purchase to Pay Solutions provide extensive savings to our customers," says Ilkka Sihvo, CEO, Basware Corporation. VVO is a publicly-listed company providing housing services. From VVO, you can rent an apartment, acquire right-of-occupancy or part-ownership housing or buy a dwelling outright. VVO develops, markets and manages its own dwellings. For more information, please contact: CEO Ilkka Sihvo, Basware Corporation, Tel. +358 40 501 8251 CIO Mikko Pöyry,VVO, Tel. +358 20 508 3772 BASWARE CORPORATION Ilkka Sihvo DISTRIBUTION NASDAQ OMX Helsinki Ltd Key media www.basware.com [HUG#1448277]