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BasWare chosen to deliver an end-to-end financial management solution to the City of Espoo

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STOCK EXCHANGE RELEASE JUNE 25, 2007


BasWare Corp. has been chosen to deliver and define a comprehensive solution
for financial planning, monitoring and reporting as well as data storage at the
City of Espoo. The solution will also serve for forecasting, annual and interim
reporting, strategic planning and managing historical data. The solution at the
City of Espoo consists of BasWare Business Planning and value-added modules
BasWare Transparent Reporting and BasWare Analyzer. The solution will have
approximately 2 000 end users. 

”This marks a significant agreement that further strengthens BasWare's position
as a solution provider for municipalities,“ says Ilkka Sihvo, CEO, BasWare
Corp. 

”We believe that implementing the BasWare solutions will significantly simplify
our annual planning and monitoring. We already use BasWare Public Sector
Package and our experiences have been very positive,” tells Jorma Valve,
Project Director at the City of Espoo. 

For more information, please contact
CEO Ilkka Sihvo, BasWare Corp., tel. +358 40 501 8251
Project Director Jorma Valve, City of Espoo, tel. +358 46 877 2055

BASWARE CORP.
Ilkka Sihvo

Distribution:
Helsinki Stock Exchange
Principal media
www.basware.com

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