Basware Oyj — M&A Activity 2012

Mar 26, 2012

Disclosure 298576

BasWare - Company Announcement

Basware has signed a virtual operator agreement

Basware Corporation stock exchange release, March 26, 2012 klo 09:45 Basware has signed a virtual operator agreement Basware has signed a virtual operator agreement with Mirror Accounting, a fully owned subsidiary of the Lindorff Group. Mirror Accounting delivers accounting and advisory services in Norway and Sweden. Basware will deliver Basware Invoice Processing, InvoiceReady, Business Transaction services as well as Scan and Capture as a Service (SaaS) to Mirror Accounting. Mirror Accounting starts selling Basware's solutions to its own customers as virtual operator. The value of the deal exceeds EUR 400.000 over the next three years. Mirror Accounting has already been using Basware's Invoice Processing as a Service and is now extending the agreement to cover additional solutions as well."One of Basware's strategic focus areas is the development of partnerships to support the growth of our volume sales function. This agreement with Mirror Accounting is the market opening agreement in Scandinavia and we are happy to start working together with the company", says Esa Tihilä, CEO, 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#1597090]