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Basware: Changes in Basware's Executive Team

Basware Corporation, stock exchange release, November 2, 2016 at 10:00
Changes in Basware's Executive Team
On November 2, 2016, Riku Roos has stepped down from his position on the
Basware Executive Team as the head of Customer Care and will pursue
opportunities outside the company.

Executive Team member and Senior Vice President, Professional Services Matti
Rusi will take responsibility of the Customer Care function. Rusi reports to
Vesa Tykkyläinen, CEO, Basware Corporation.

Basware is now planning to introduce a new single delivery function, Customer
Services, that will manage post-sales customer facing activities, combining
Basware's professional services, customer support and activation services

"Cloud revenue growth is the key focus for Basware. To support this, we need
to evaluate our ways of working and operations in relation to our strategy,
and where we can further improve our customers' success by increasing
customer satisfaction and experience. I wish to thank Riku for his committed
work and contribution to the company and wish him all the best for the
future", says Vesa Tykkyläinen, CEO, Basware Corporation.

For more information, please contact:

Investor enquiries:

Ben Selby, Head of Investor Relations, Basware Corporation
Tel. +358 50 305 8077,
Media enquiries:

Sirje Ahvenlampi-Hyvönen, Communications Director, Basware Corporation
Tel. +358 50 557 3822,


Nasdaq Helsinki
Main media

About Basware:

Basware(Nasdaq: BAS1V) is the global leader in providing networked
purchase-to-pay solutions, e-invoicing and innovative financing services.
Basware's commerce and financing network connects businesses in over 100
countries and territories around the globe. As the largest open business
network in the world, Basware provides scale and reach for organizations of
all sizes, enabling them to grow their business and unlock value across their
operations by simplifying and streamlining financial processes. Small and
large companies around the world achieve significant cost savings, more
flexible payment terms, greater efficiencies and closer relationships with
their suppliers. Find out more
Follow Basware on Twitter: @Basware, join the discussion on theBasware
LinkedIn,Basware FacebookandBasware Blogand subscribe for the latest news.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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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