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BASWARE TO PROVIDE PROCUREMENT AND INVOICE AUTOMATION SOLUTION AS A SERVICE TO A FINNISH SOFTWARE COMPANY

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BASWARE CORP. STOCK EXCHANGE RELEASE APRIL 30, 2007
 

BasWare has signed an agreement with a Finnish stock-listed technology company
for its procurement and invoice automation solutions. The solutions will be
implemented as a Software as a Service (SaaS) delivery. The service covers
BasWare Purchase Management, BasWare Invoice Processing and BasWare Order
Matching and BasWare Contract Matching solutions. Additionally, it includes the
management of electronic product catalogues. BasWare's solutions will be
implemented globally. The service will be taken in to use at the entire
customer organization. The value of the agreement is more than EUR 450
thousand. 

“For BasWare, this is the first SaaS agreement with a private sector company.
It further strengthens our position as a global forerunner in the software as a
service market,” says Ilkka Sihvo, CEO, BasWare Corp. 

BasWare Purchase Management, BasWare Invoice Processing, BasWare Contract
Matching and BasWare Order Matching and catalogue service management form the
SaaS service. 

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

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