Basware Oyj — M&A Activity 2012

Apr 2, 2012

Disclosure 298818

BasWare - Company Announcement

Basware has signed a Software as a Service deal in North America

Basware Corporation stock exchange release, April 2, 2012 at 09:45 Basware has signed a Software as a Service deal in North America Basware Inc. has signed a Software as a Service deal with a large manufacturing company of industrial batteries. Basware will deliver invoice processing, scan& capture, supplier portal, e-Invoicing and service for sending procurement messages. The value of the deal is approximately EUR 400 000. The customer company's manufacturing plants are scattered around North America and now Basware's solutions enable the customer company to shift towards a shared service center function mode."Basware's Software as a Service solutions respond to the clear demand on the markets for services automating financial processes. Basware Invoice Processing solution together with other solutions to be delivered comprise a strong service for automating the customer's processes and generating clear savings," says Esa Tihilä, CEO Basware Corporation. Basware Corporation More information: Esa Tihilä, CEO, Basware Corporation Tel. +358 40 480 7098 www.basware.com Distribution NASDAQ OMX Helsinki Ltd Main media [HUG#1599241]