Basware Oyj

Governance Information • Sep 23, 2008

Disclosure 262229

BasWare - Company Announcement

Basware wins a large Invoice Automation deal in the United States

Stock Exchange Release, September 23, 2008 Basware will deliver a complete Invoice Automation solution to a large US engineering, construction and technical services organization with over 50.000 employees.The value of the deal exceeds EUR 500.000. The goal is to have the solution implemented by the end of 2008."This deal is a proof that our efforts in the United States are successful and encourages us to continue with our chosen strategy. Also larger organizations in the United States are starting to optimize invoice processing workload and are looking for solutions with best practices", says Ilkka, CEO, Basware Corporation. Basware Invoice Automation (IA) uses automatic, business-rule based matching to minimize the need for time-consuming, repetitive invoice-handling tasks and enable efficient management of exceptions. Basware Invoice Automation optimizes process performance in financial departments and business units, enabling your organization to focus on creating added value for your customers. For more information, please contact CEO Ilkka Sihvo, Basware Corp. Tel. +358 9 8791 7251 or +358 40 501 8251 BASWARE CORP. Ilkka Sihvo Distribution OMX Nordic Exchange Helsinki Key media www.basware.com