BasWare to deliver an extensive procurement solution as a


BASWARE CORP. STOCK EXCHANGE RELEASE SEPTEMBER 28, 2007
BasWare Corp. has agreed to deliver an extensive procurement solution
to the Oulu region. The solution will be taken in to use at the Oulu
region, including the City of Oulu, and the cities of Kuusamo,
Pudasjärvi, Raahe and the Oulu Region Joint Authority for Education.
The Oulu South, Raahe regional municipalities, Oulunkaari
municipalities, Posio and Taivalkoski municipalities can join the
service based on this resolution. The region aims in its development
to adopt a common procurement system. The solution covers BasWare
Purchase Management as well as the new sourcing solution, BasWare RFx
Management. The agreement also includes the option to extend the
solution to cover the new contract management solution and a solution
for versatile reporting.

The solution will be implemented as a so-called Software as a Service
(SaaS) delivery. The service covers BasWare's procurement solutions
and services related to the implementation as well as continuous
services related to system administration and maintenance of
electronic product catalogues. In addition, the agreement also covers
services related to the technical platform. The value of the
agreement to be signed based on the resolution is over EUR 1 million
and includes the implementation process as well as the continuous
fees based on the amount of users. The solutions will have a total of
3 000 end users at the Oulu region.

With the sourcing solution, the Oulu region can carry out a
competitive bidding process complying with the public sector
procurement legislation. The solution increases the efficiency and
control of the procurement process. The sourcing solution integrates
seamlessly with BasWare Purchase Management. The City of Oulu already
uses BasWare Invoice Automation solutions and the procurement
solution will also be integrated to the solutions used by other
municipalities in the region. By adding the procurement solutions,
the region can now automate the entire purchase to pay process."This agreement attest to our solution's suitability and
competitiveness in managing public sector procurement. Our solution
covers the entire purchase to pay process, making it a unique
solution in the market, " says Ilkka Sihvo, CEO, BasWare Corp.
BasWare Purchase Management, BasWare RFx Management and BasWare
Contract Lifecycle Management are part of the company's Enterprise
Purchase to Pay suite. The solutions enable medium to large companies
to improve efficiencies and control and reduce costs as well as meet
compliance requirements.

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
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www.basware.com
BasWare to deliver an extensive procurement solution as a service to the City of Oulu region
