Year-end Report 2008

Strong fourth quarter given the turbulent market conditions and
continued strong growth in the U.S.
* Sales for 2008 increased by 11% to SEK 584.2 (525.0) million
* Operating profit EBITDA for the year increased to SEK 45.6 (30.3)
  million
* Earning per share after tax for the year were SEK 0.21 (0.55)
* Sales for the fourth quarter increased by 12% to SEK 182.4 (162.3)
  million
* Operating profit EBITDA for the fourth quarter increased to SEK
  38.0 (25.6) million
* Earning per share after tax for the fourth quarter were SEK 0.85
  (0.67)
* Cash-flow from operating activities for 2008 was SEK 86.6 (32.4)
  million"Given the turbulent market conditions, the outcome for the year
  was favorable. Sales rose by 11% and operating profit, EBITDA rose
  by 50%. Particularly satisfying was the continued strength shown in
  the fourth quarter with growth of 12% and operating profit rising
  48%.
  The Group's profit after tax was affected negatively by
  non-recurring items of SEK 16.2 million attributable to the savings
  program implemented. Cash flow from operating activities for the
  year rose by 170% percent to SEK 86.6 million.

  The variation in trends between our different markets is extensive.
  Sales in the "US and the rest of the world" rose by 65% in the
  fourth quarter and by 45% over the year as a whole. In other
  markets, trends are mixed, with some, such as the UK being more
  affected by the financial crisis than others.

  The economic situation remains highly uncertain, but ReadSoft
  provides products that offer substantial savings for our customers
  and we have prepared ourselves for a tough market. It is our
  objective to improve our profits, gain market share and to utilize
  the opportunities that a weaker market may entail."

  Jan Andersson
  President and CEO


  Read the entire report in the pdf attached.


  Contact
  Jan Andersson, President and CEO
  Phone: +46 708-37 66 00
  Jonna Opitz, Vice President Corporate Communications
  Phone: +46 42-490 21 08 or +46 733-37 86 68
  Jan Bertilsson, CFO
  Phone: +46 42-490 21 43
  e-mail: firstname.lastname@readsoft.com

  About ReadSoft
  ReadSoft is a  leading global  provider of  software solutions  for
  Document  Automation.  ReadSoft's  software  enables  companies  to
  automate document processes such as data entry, classification, ERP
  matching, workflows, e-invoicing  etc. The results  are faster  and
  less expensive document processing, and increased control. ReadSoft
  is by  far the  world's number  one choice  for invoice  automation
  solutions. Specialized solution labs for SAP, Oracle, Microsoft and
  Capture processes ensure cutting edge solutions with great customer
  value. Since the start in 1991,  ReadSoft has grown to a  worldwide
  group with  operations in  16 countries  on five  continents and  a
  network of local and global partners. The head office is located in
  Helsingborg, Sweden and the ReadSoft share is traded on the  Nasdaq
  OMX Nordic  Exchange Small  Cap list.  For more  information  about
  ReadSoft, please visit www.readsoft.com.