Basware signed a large deal with a Finnish industrial company


Basware signed a large deal with a Finnish industrial company

Basware Corporation, stock exchange release  30.11.2011 at 15:10

Basware Corporation extends existing cooperation with a large stock exchange
listed Finnish industrial company and will deliver Basware Scan & Capture
services to the company's offices globally. The implementation of the services
will start in 2011. The value of the deal amounts to approximately EUR 1 Million
during the next three years.

The goal of Basware's customer company is to reach 100 percent E-Invoicing level
and Basware Scan & Capture service enables the customer company to receive all
purchase invoices in electronic format. Basware scans paper invoices, validates
and delivers them to invoice processing in electronic format. The customer
company has been using Basware Invoice Processing solution for several years.

The scan & capture service is part of Basware Connectivity Services that enable
companies to improve purchase-to-pay process quality as well increase the number
of electronic invoices, purchase messages and supplier catalogs while reducing
time spent on reviewing, approving and processing. The Basware Connectivity
Services also makes it easier for suppliers to start transacting electronically.

For more information, please contact:
Esa Tihilä, CEO
Tel. +358 40 480 7098

Distribution:
NASDAQ OMX Helsinki
Key media
www.basware.com

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