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