Basware signs an accounts payable automation and e-invoicing agreement with a food processing and marketing company in Ecuador

Basware Corporation, stock exchange release, June 6, 2013 at 10:30

Basware signs an accounts payable automation and e-invoicing agreement with a
food processing and marketing company in Ecuador

Basware has signed an agreement with an Ecuadorian company specializing in food
processing and marketing for the delivery of Basware Accounts Payable Automation
and Basware e-Invoicing for connecting and transacting with suppliers, and
automating the invoicing process. The solutions will be implemented in Ecuador
as well connecting suppliers in other countries throughout South America. The
value of the deal exceeds EUR 500,000 over the next 3 years.

Basware Accounts Payable Automation will be delivered as a service (SaaS) on
Basware Alusta, a cloud-based platform for purchase to pay. Additionally, the
customer will implement Basware e-Invoicing over the Basware Commerce Network.

"We are pleased to help a premier company in Ecuador gain critical visibility
and control over its key finance processes; and improve relationships with
suppliers," says Esa Tihilä, CEO, Basware Corporation. "Through e-invoicing and
AP automation, the customer will be able to dramatically increase accuracy as
well as comply with the Ecuadorian government e-invoicing mandate. This will
result in greater efficiencies, costs savings and improved communication with
suppliers."


For more information, please contact:

Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098

Distribution:
NASDAQ OMX Helsinki Ltd
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