Basware delivers extension to Invoice Automation Solution to a global industrial company in North America

Basware Corporation stock exchange release, October 1, 2010 at 14:00

Basware announced today that it has signed an extension to the previous contract
to provide its invoice automation solution to a global industrial company in
North America. The companies agreed on the delivery of invoice automation
solution in March 2010. The value of the new deal exceeds EUR 300,000 and
includes also additional managed services.

"Our customer has been satisfied with Basware Invoice Automation solution and
extends the implementation to new geographies. This is a clear proof of our
ability to provide our customers with excellent service in various businesses.
Our solutions are industry-independent, modular and applicable to companies of
all sizes," said Ilkka Sihvo, CEO, Basware Corporation.

Basware Invoice Automation (IA) uses automatic, business-rule based matching to
minimize the need for time-consuming, repetitive invoice-handling tasks and
enable efficient management of exceptions. Basware Invoice Automation optimizes
process performance in financial departments and business units, enabling your
organization to focus on creating added value for your customers.

For more information, please contact

CEO Ilkka Sihvo, Basware Corporation,
Tel. +358 9 8791 7251 or +358 40 501 8251

BASWARE CORPORATION
Ilkka Sihvo

DISTRIBUTION
Helsinki Stock Exchange
Principal media
www.basware.com


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