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BasWare signs partner agreement with Fuji Xerox Global Services for East and Southeast Asia and Pacific


WEBWIRE –

21 Dec 2006 - BasWare Corporation and Fuji Xerox Asia Pacific’s Global Services division have entered into a partnership relating to BasWare Enterprise Purchase to Pay product portfolio. The agreement covers China, Hong Kong, Taiwan, South Korea, Singapore, Malaysia, Philippines, Indonesia, Thailand and Vietnam as well as Australia and New Zealand. As part of its own offering, Fuji Xerox Global Services will bring the BasWare product portfolio to the market either as a shared service concept or as a direct software sale. Fuji Xerox Global Services will also implement and support the BasWare products in the market area. The marketing and sales activities will start immediately and the partnership is expected to generate net sales for BasWare in the beginning of 2007, at the earliest.

The partnership agreement follows BasWare’s new growth strategy which aims at strengthening the indirect sales channel and to cover new market areas. With this agreement BasWare extends its distribution network to East and Southeast Asia. BasWare reseller network then includes a total of 54 value-added resellers operating in over 20 countries.

“This partner agreement is a significant milestone in our Asian operations and opens an entirely new market area for us. Thanks to this partner agreement we are targeting a wide enterprise audience in the entire South East Asia and Asia Pacific area. The agreement is in line with our growth strategy aiming to reach the global leader position,” says Ilkka Sihvo, CEO, BasWare Corp.

“BasWare and Fuji Xerox Global Services strive to enhance business productivity and effective use of information for document intensive processes. With our Financial & Administration Services, BasWare’s solutions enable us to offer premium level services to our customers,” says Ramagopal Rao, General Manager of Fuji Xerox Global Services in Asia Pacific.

The partnership will cover BasWare Enterprise Purchase to Pay product portfolio that includes software for invoice processing and purchase management as well as value-added modules for automatic matching of recurring invoices and contract-based invoices. The solutions automate the entire purchase-to-pay process thus enabling companies to achieve time and cost savings as well as gain process control and transparency.

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