ReadSoft signs €200,000 deal with a large European food group

ReadSoft has received an order worth approximately €200,000 from a
large European food group. The solution from ReadSoft will automate
and optimize the processing of supplier invoices and also integrate
with the installed SAP system. This agreement covers the processing
of hundreds of thousands invoices annually at the company's
facilities in Germany, Belgium and France.

Due to competitive markets and a confidentially agreement, ReadSoft
is not granted permission to mention the name of this €5.9 billion
company.

The overall goals for this customer were to purchase technology that
could handle both paper and electronic invoices and start the move
away from paper toward more electronic means when it comes to
document processing. After a thorough benchmark was conducted with
the leading suppliers in the market, this company decided to partner
with ReadSoft, regarded as the market leader within invoice
processing.

The software's proven stability with thousands of users all over the
world, its effective integration into SAP and the solution's user
friendliness were the main reasons for choosing ReadSoft. The
solution from ReadSoft offers a significant business value, thus
allowing the customer to make better use of its employees, ensure
higher quality information and improve security.

"This customer was looking for a strategic partner that will be able
to support them also when it comes to other areas of document
handling", says Jan Andersson, President and CEO at ReadSoft. "I'm
certain that choosing our solution over one of our competitors will
make this company even more efficient and thereby successful."


For additional information please contact:
ReadSoft AB
Jan Andersson, CEO, ReadSoft

Phone: +46 708 - 37 66
00
Jonna Opitz, Vice President, Corporate
Communications
Phone: +46 733 - 37 86
68
jonna.opitz@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.