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2015-12-16

Basware: Basware expands cooperation with major brewing company providing extensive e-invoicing services

Basware Corporation, stock exchange release, December 16, 2015 at 13:00
Basware expands cooperation with major brewing company providing extensive
e-invoicing services
Basware has expanded its e-invoicing agreement with a major brewing company in
Denmark. The agreement includes a fully outsourced e-invoice sending service
for automating the processing of all outbound invoices and printing and
activation services to boost the e-invoice adoption among the buyers. The
value of the agreement exceeds EUR 3.1 million over five years.

"We are very pleased to continue and expand our long-term strategic
cooperation and close relationship with this significant customer. With
Basware services, the customer enhances financial processes, cuts costs and
complexity by automating the processing of the 600,000 invoices they send to
their customers annually. Where necessary, we will also print the invoices
for their customers who cannot yet receive e-invoices and in the process
enable even more of them to adopt and reap the benefits of e-invoicing
quickly and easily. The customer and their buyers are then able to easily
collaborate across our open Basware Commerce Network where ever they are",
says Esa Tihilä, CEO, Basware Corporation.

For more information, please contact:
Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098

Distribution:

Nasdaq Helsinki
Key media
www.basware.com/investors

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Basware via Globenewswire

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