BasWare Announces Partnership with DICOM Group plc

BasWare Corporation (“BasWare”), a leading provider of financial automation software, today announced a partnership with DICOM Group plc ("DICOM Group"), a global leading provider of Information Capture and Communications solutions. The companies will join forces to promote a complete invoice automation solution that combines BasWare Enterprise Purchase to Pay software solutions with DICOM Group’s Ascent for Invoices* software.

Ascent for Invoices is a modular add-on to Ascent Capture, the world's most popular information capture application. Captured content is sent to BasWare’s software for matching with open purchase orders or contract information. Successfully matched invoices are paid automatically according to pre-defined workflows, while invoices containing information that exceeds a company’s tolerances are auto-routed for exception handling within BasWare Invoice Processing.

“After several years of successful collaboration, DICOM is an ideal partner for augmenting the core data capture requirements of our customers,” said Ilkka Sihvo, CEO of BasWare. “To start, DICOM is a financially strong, global information capture provider in all regions where we do business and we already share common partners. Furthermore, Ascent for Invoices is the ideal solution for customers who have a large number of suppliers and require advanced data capture to ensure maximum value from our solution suite."

DICOM’s table line item capture capabilities are critical when utilizing BasWare’s Order Matching and Contract Matching modules. This enables customers to optimize their purchase to pay cycle and achieve superior spend analysis metrics.

“Our collaboration with BasWare, the leading provider of invoice automation solution perfectly exemplifies our strategic vision to enable organizations to streamline their business processes, resulting in lower costs, better access to information and improved customer service,” said Rob Klatell, DICOM Group CEO. “By partnering with us, BasWare is helping customers eliminate manual keying and move to the automatic capture of vital data regardless of where it appears on the invoice. The data-validation process is therefore much easier because there is lower probability of human error."

The joint offering is based on a new Ascent Capture release script that utilizes BasWare’s .NET-based integration gateway to provide seamless integration with over 100 ERP and accounting systems, including SAP and the Oracle ERP family (Oracle, JD Edwards, PeopleSoft). BasWare and its partners will have access to Ascent for Invoices through DICOM’s channel of Certified Solution Providers.

Stora Enso, Europe's number one paper producer, is the most recent company to implement the Ascent for Invoices and BasWare Invoice Processing solution. Other shared customers include leading medical equipment manufacturer, Medtronic and the leading European security firm, Securitas.

* Sold under the name “Ascent for Payables” in the Americas.

For further information, please contact:

BasWare Corporation
Matti Rusi, SVP Global Operations
Nora Malin, Communications Manager
Tel: +358 9 879 171

DICOM Group plc
Stefan Gaiser, Finance Director
Gabriele Rosenbusch, Group Communications Manager
Tel: +44 800 6520 616

About BasWare

BasWare is the global leader in Enterprise Purchase to Pay and Financial Management solutions. More than 450,000 end-users in over 20 countries use its software to automate back-office financial operations to enhance efficiency, gain process control and transparency, and meet compliance requirements. BasWare’s products are widely used in Shared Service Centres. Founded in 1985, BasWare Corporation is a public company listed on the Helsinki Stock Exchange. Headquartered in Helsinki, Finland, it has eight subsidiaries in the US and Europe. The company currently has 500 employees. In 2005, net sales reached EUR 42.8 million. The growth target for net sales in 2006 is approx. 45% and will continue to be supported by a growing network of value-added resellers. For more information, please visit http://www.basware.com

About DICOM Group plc

DICOM Group plc ("DICOM Group", London Stock Exchange: DCM) is a global leader of Information Capture and Communication solutions. Its leading edge capture and communication technologies and solutions enable Business Process Automation by managing the transformation and exchange of business-critical information (residing in various formats such as paper, fax, electronic documents, e-mail, SMS) among people, applications and devices. The company's centres for product development and marketing include Kofax, the world's leading provider of Information Capture solutions, and Topcall, a worldwide provider of Unified Communication technology. Through a global network of more than 1,200 authorised partners and its own sales and service organisations in Europe, the USA, Asia and Australia, DICOM Group help blue-chip enterprises in more than 60 countries to reduce cost, increase efficiency and minimise risk in their critical business processes. For more information, visit http://www.dicomgroup.com