Basware signs agreement on invoice automation solution, travel and expense management and e-invoicing services with Botnia Mill Service

Basware Corporation, stock exchange release, January 7, 2014 at 15:00 Basware signs agreement on invoice automation solution, travel and expense management and e-invoicing services with Botnia Mill Service Basware will deliver an invoice automation and travel and expense management solution to Botnia Mill Service Oy as Software as a Service (SaaS). The agreement also covers inbound e-invoicing and scanning services as well as services for sending e-invoices and printing paper invoices. All of the services will be deployed in early 2014. The value of the agreement exceeds EUR 300,000 over three years. "With the Basware e-invoicing and scanning services, Botnia Mill Service will receive all of its invoices electronically. By migrating to sending all of its invoices as e-invoices, the customer will experience the full benefits of the Basware Commerce Network, an open network that allows buyers and suppliers of all sizes to collaborate and trade," says Esa Tihilä, CEO, Basware Corporation. "Botnia Mill Service will utilize our services in the processing of purchase invoices and travel expenses, thereby allowing the customer to focus on its core business," Tihilä continues. Botnia Mill Service Oy is a member of Caverion Group. Caverion designs, builds and maintains building systems and offers industrial services in the Nordic countries, Central Europe, Russia, and the Baltic countries. For more information, please contact: Esa Tihilä, CEO, Basware Corporation Tel. 040 480 7098 Distribution: NASDAQ OMX Helsinki Ltd Key media www.basware.com This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Basware via GlobeNewswire [HUG#1753064]