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
BASWARE TO PROVIDE PROCUREMENT AND INVOICE AUTOMATION SOLUTION AS A SERVICE TO A FINNISH SOFTWARE COMPANY
| Source: BasWare