UK mortgage lender invests over £350,000 in ReadSoft DOCUMENTS for Mailrooms

GMAC-RFC, the 10th largest mortgage lender in the UK, is investing in
ReadSoft DOCUMENTS for Mailrooms software to automate the processing
of over 2.5 million documents per annum. The investment of over
£350,000 will enable GMAC-RFC to provide more efficient service to
its intermediaries and customers and support future business growth.

As a wholly owned subsidiary of ResCap, one of the world's leading
mortgage lenders, GMAC-RFC's value proposition "Mortgages for
everyone through a fast, easy automated process" was at the forefront
of its decision to replace its existing document management system.
ReadSoft's DOCUMENTS for Mailrooms was selected to form part of a new
solution, which also includes ImageNow from Perceptive Software, that
will enable the capture, classification and indexing of incoming
mortgage applications and related documents, and route them
electronically for workflow approval and archiving.

The company - which in 2006 completed £12.1 billion in mortgage loans
-  will from now on automatically capture mortgage documents from
paper and electronic sources, including incoming post, faxes and
emails, as well as from the company's internal systems. This new
automated process is expected to give GMAC-RFC:
*          Increased efficiency through instant and correct
  distribution of each document
*          Increased power for target systems due to rapid flow of
  information made possible by seamless integration
*          General control of document management in the company -
  the basis for further process improvements
*          Lower operational costs, because of fewer manual processes
  in the mailroom and throughout the enterprise."We are delighted that GMAC-RFC has made a strategic decision to
invest in our Mailrooms solution," said Jan Andersson, CEO, ReadSoft."We are enabling the company to enhance the automation of its key
intermediary- and customer-facing documents, which will result in
easier, faster and more cost-efficient processing right across the
business."


About GMAC-RFC:
GMAC-RFC in the UK is an all-status lender, offering consistently
competitive products in all market sectors - mainstream, buy to let,
self-certification and non-conforming. Launched in the UK Mortgage
Market in 1998, GMAC-RFC has outgrown the market 11 times, from
lending figures of £1.8 billion in 2001 to £12.1 billion in 2006.
GMAC-RFC is ranked as the number one non-conforming lender and is
currently the 10th largest mortgage lender in the UK. GMAC-RFC
mortgages are not available on the high street; they are only
available through Intermediaries (Mortgage advisers or IFAs) or via
Partners (organisations who provide GMAC-RFC with additional
distribution opportunities). GMAC-RFC operates out of its main office
in Bracknell (Berkshire).  The workforce is some 800 strong. For
further information visit www.gmacrfc.co.uk

ReadSoft DOCUMENTS for Mailrooms
ReadSoft DOCUMENTS for Mailrooms enables inbound information to be
captured, classified, indexed and routed to the appropriate
department or personnel - reducing or eliminating complex
workflow/approval processes. It manages a wide range of documents
including: Structured (such as application forms), Semi-structured
(such as standing orders, change of address, purchase invoices) and
Unstructured (such as letters and faxes) email and other electronic
data streams, such as XML. ReadSoft DOCUMENTS for Mailrooms can be
deployed as a total solution, or organisations can take advantage of
core functions to meet specific business or operational requirements.

For additional information, contact
ReadSoft
AB
Jan Andersson, CEO
Phone: +46 708 - 37 66 00
Jonna Opitz, Vice President Corporate
Communications
Phone: +46 733 - 37 86 68
jonna.opitz@readsoft.com

ReadSoft is a world-leading supplier of software for document
automation. The company develops and markets a complete software
platform for document automation under the name of ReadSoft
DOCUMENTS. The vision is to release businesses around the world from
handling documents manually. Since starting in 1991, ReadSoft has
grown to a worldwide Group with offices in 16 countries in Europe,
North America, South America and Australia, as well as a large number
of local and global partners. The head office is in Helsingborg,
Sweden, which - along with Stockholm - also houses the Group's main
research and development unit. The ReadSoft share is traded on the
Nordic Stock Exchange Small Cap list.
Find out more about the company at www.readsoft.com