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Changes in Basware's Executive Team


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-03 12:03:48 -

Basware Corporation, stock exchange release, January 3, 2013, at 13:00

Changes in Basware's Executive Team

Ilari Nurmi, M.Sc.(Eng.), has been appointed as the product director of Basware
Group with the title Senior Vice President, Product Management, and member of
the Executive Team as of January 7, 2013. Mr. Nurmi will report to Esa Tihilä,
CEO, Basware Corporation.

Ilari Nurmi has previously worked for 14 years in product management, product
marketing and marketing executive and specialist positions at Nokia, both in
Finland and the U.S.

"Basware's transformation from a software company into a service company has
required significant investments in proprietary products, their development for
use by companies of all sizes, and carefully segmented marketing in all of our
market areas. Alusta, the unified cloud-based platform for Purchase-to-Pay based
on open standards, which we 
launched in 2012, has been received well by our customers. It will play a key role in reaching our goal of accelerated global growth", says Esa Tihilä, CEO, Basware Corporation. "Ilari Nurmi's years of professional experience and competence in global and international product marketing will support the Executive Team's and the company's aim to increase the visibility and awareness of Basware products in direct sales, online commerce and partner channels all over the world, and significant growth in sales volumes compared to the current situation." For more information, please contact: Esa Tihilä, CEO, Basware Corporation Tel. +358 40 480 7098 Distribution: NASDAQ OMX Helsinki Ltd Key media www.basware.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters 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 Thomson Reuters ONE [HUG#1667973]


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