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Basware signs an e-invoicing service agreement with a major energy retail company in Belgium, Netherlands, Luxembourg and France

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Basware Corporation, stock exchange release, April 22, 2013 at 17:45

Basware signs an e-invoicing service agreement with a major energy retail
company in Belgium, Netherlands, Luxembourg and France

Basware will provide services for e-invoicing to a major energy retail company
in Belgium, Netherlands, Luxembourg and France. The services include a solution
for sending e-invoices and e-archive. The value of the deal exceeds EUR 650,000
over the next three years.

"Basware's e-invoicing service will enable the customer to send 100 percent of
its invoices electronically to its customers. With annual volume of 1 million
invoices, our customer will gain significant process as well as vastly improved
quality improvements because the data is captured electronically", says Esa
Tihilä, CEO, Basware Corporation. "This agreement further strengthens our market
position in Benelux and France, realizing the benefits from the acquisition of
Certipost in Belgium that we completed early this year. Accordingly, this
agreement demonstrates the value of connecting buyer and supplier customers in
our Basware Commerce Network, by providing easy connectivity solutions that
create deeper trading relationships between both suppliers and buyers across
their supply chains wherever they trade across the world."

For more information, please contact:

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

Distribution:
NASDAQ OMX Helsinki Ltd
Key media
www.basware.com

 

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