Appointment to Basware Executive Team Basware Corporation stock exchange release January 25, 2011 at 09:00 Matti Copeland, born 1961, MSc (Econ) has been appointed to Basware Executive Team as of January 25, 2011. Matti Copeland, Senior Vice President, M&A has been a member of the Board of Directors of Basware Corporation in 2008-2010. Matti Copeland has extensive experience in investment banking and telecom sectors, for example, in Citibank, Sampo Bank and Deloitte. Matti Copeland resigned from the Board of Directors of Basware Corporation on January 24, 2011. Members of Basware Executive Team: Ilkka Sihvo, CEO; Chairman Matti Copeland, Senior Vice President, M&A; Mika Harjuaho, CFO; Mari Heusala, Vice President, HR&Dev; Olli Hyppänen, Senior Vice President, Strategy and Global Operations; Jorma Kemppainen, Senior Vice President, Products; Pekka Lindfors, Senior Vice President, Northeast; Steve Muddiman, Senior Vice President, Global Marketing; Matti Rusi, Senior Vice President, Europe; Ari J. Salonen; General Manager, North America; Esa Tihilä, Senior Vice President, Automation Services; Jukka Virkkunen, Senior Vice President, Scandinavia. For more information, please contact CEO Ilkka Sihvo, Basware Corporation Tel. +358 40 501 8251 BASWARE CORPORATION Ilkka Sihvo DISTRIBUTION Helsinki Stock Exchange Principal media www.basware.com [HUG#1482095]