Basware : Changes in Basware's Executive Team

                Basware : Changes in Basware's Executive Team

Basware Corporation, stock exchange release, January 28, 2013, at 13:00

Changes in Basware's Executive Team

Basware is strengthening its sales organization and has established global
sales units specializing in large companies, SMBs, and partner channels. Kari
Aarvala, M.Sc.(Econ.), has been appointed as Senior Vice President, Global
Sales, and member of the Executive Team as of April 8, 2013. Mr. Aarvala will
report to Esa Tihilä, CEO, Basware Corporation.

During his 25-year career, Kari Aarvala has held responsible sales and
marketing executive and specialist positions in the software and information
and communications technology sector in Finland, the United Kingdom, Spain,
and the Czech Republic. Aarvala has been employed by SAP since 2002, most
recently as Chief Operating Officer in SAP Central and Eastern Europe. Aarvala
has also worked as SAP's Nordic marketing director as well as he has been in
charge of the mid-market sector at SAP Finland. Before this, Aarvala has also
been responsible for sales and marketing at Nixu Oy and Tekla. Besides a
master's degree in economics, Aarvala has also a Vocational Qualification in
Business Information Technology.

"Basware has revised its sales and marketing model in order to achieve
accelerated global growth by segmenting buyer and supplier customers of all
sizes in accordance with its strategy," says Esa Tihilä, CEO, Basware
Corporation. "With his diverse professional experience and competence in
global sales and sales management, Kari Aarvala will support the company's
efforts to significantly increase our sales volume, both in direct sales and
in our partner channels all over the world."

Kari Aarvala will represent Global Sales in the Executive Team, and the
current Executive Team members Pekka Lindfors, Senior Vice President, and
Jukka Virkkunen, Senior Vice President, will report to him.

At the same time, the company will revise the operations of its unit
specializing in mergers and acquisitions, headed by the current Executive Team
member Matti Copeland, Senior Vice President. Copeland reports to Esa Tihilä.

As of April 8, 2013, the composition of the Basware Executive Team is as
follows: Esa Tihilä, CEO; Mika Harjuaho, CFO; Kari Aarvala, Senior Vice
President, Global Sales; Henrik Hasselbalch, Senior Vice President,
Professional Services; Mari Heusala, Senior Vice President, HR & Development;
Jorma Kemppainen, Senior Vice President, Product Development; Steve Muddiman,
Senior Vice President, Global Marketing; Ilari Nurmi, Senior Vice President,
Product Management; Riku Roos; Senior Vice President, Automation Services; and
Matti Rusi, Senior Vice President, Customer Support.

For more information, please contact:

Esa Tihilä, CEO, Basware Corporation
Tel. +358 40480 7098

NASDAQ OMX Helsinki Ltd
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Source: Basware via Thomson Reuters ONE
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