STOCK EXCHANGE RELEASE SEPTEMBER 3, 2007 BasWare Corp. has signed a significant agreement with Scottish & Newcastle Plc for the delivery and implementation of its BasWare Invoice Automation suite, including solutions for automated invoice processing as well as the BasWare KPI Reporting Tool for performance measurement. Scottish & Newcastle Plc is a leading brewing group that includes brands such as Fosters, Strongbow, Newcastle Brown Ale, Kronenbourg 1664 in France and Lapin Kulta in Finland. The BasWare solution will be rolled out across the United Kingdom, France, Belgium and Portugal. There will be around 1 000 end users of the system within the four countries and implementation will start in France in September 2007. "This marks yet another significant agreement for the BasWare Invoice Automation solution and is an important milestone for our operations in the UK," says Ilkka Sihvo, CEO, BasWare Corp. BasWare Invoice Processing, BasWare Contract Matching and BasWare Order Matching as well as the BasWare KPI Reporting Tool are part of the company's Enterprise Purchase to Pay solution suite. BasWare Invoice Processing solution brings many benefits to medium to large companies including standardization of best practices, improved efficiencies and therefore reduced costs, compliance, and control of the payables side of their business(es). The solution can be integrated across a number of versions of the same finance packages well as a mix of finance and ERP systems. For more information, please contact CEO Ilkka Sihvo, BasWare Corp. Tel. +358 9 8791 7251 or +358 40 501 8251 BASWARE CORP. Ilkka Sihvo Distribution Helsinki Stock Exchange Key media www.basware.com
BasWare to deliver a comprehensive Invoice Automation solution to Scottish & Newcastle Plc
| Source: BasWare