Basware Oyj

Governance Information • Dec 30, 2009

Disclosure 274919

BasWare - Company Announcement

Basware to deliver Scan and Capture services to a major healthcare company in the US

Basware to deliver Scan and Capture services to a major healthcare company in the US Basware Corporation stock exchange release, December 30, 2009 at 12:30 Basware will deliver Scan and Capture services to a major healthcare company in the US. The value of the deal exceeds EUR 500 K over the next 3 years. Basware Scan and Capture services is a part of more extensive Basware Connectivity Services. Basware Connectivity Services consists of several functionalities which enable suppliers and buyers of all sizes and maturity to transact electronically."Basware's product family can be installed on a modular basis according to a customer's own schedule and we are happy to deliver one more solution to our customer. Connectivity Services has gained a solid foothold on the markets and has in a short time become our fastest growing fundamental revenue generator,” says CEO Ilkka Sihvo, Basware Corporation. The Basware Connectivity services include the ability to deliver e-invoices and purchase messages with Basware Business Transactions, an outsourced Basware Scan and Capture solution to convert all paper invoice to electronic format, the ability for suppliers to key-in invoices, receive orders electronically, send order confirmations as well as upload and create electronic catalogs via Basware Supplier Portal and an outsourced Basware Supplier Activation service to communicate with the suppliers, assist and activate them to connect to the buyers' purchase to pay process. BASWARE CORPORATION Ilkka Sihvo For more information, please contact: CEO Ilkka Sihvo, Basware Corporation Tel. +358 9 8791 7251 or +358 40 501 8251 Distribution NASDAQ OMX Helsinki Ltd Key media [HUG#1369228]