Basware signs service agreement with leading building materials company in Finland

Basware Corporation, stock exchange release, October 9, 2012 at 15:30 Basware signs service agreement with leading building materials company in Finland Basware will supply extensive e-invoicing and invoice automation solutions as a service to a leading building materials company in Finland. The solutions include electronic and automatic processing of inbound invoices, supplier portal, and service for exchanging procurement messages. The services will be commissioned in Finland, and the value of the multi-year agreement is over EUR 400 000. The delivery will commence during October. "Our new customer processes approximately 0.5 million inbound invoices and order messages a year. With Basware's solution, the customer can increase the efficiency of invoice processing and cooperation with suppliers," Esa Tihilä, CEO, Basware Corporation, comments. "This agreement is a good proof of how our service sales are increasing further in Finland as well, similarly to our other market areas," Tihilä adds. For more information, please contact: Esa Tihilä, CEO, Basware Corporation Tel. +358 40 480 7098 Distribution: NASDAQ OMX Helsinki Ltd Key media www.basware.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Basware via Thomson Reuters ONE [HUG#1647683]