ReadSoft’s acquisition of Expert Systems finalized

ReadSoft, the world leader in Document Process Automation solutions, has today
completed the previously announced acquisition of Expert Systems Development
Svenska AB (Expert Systems), a supplier of SaaS solutions (Software as a
Service) for electronic business. Expert Systems has one of the leading cloud
based networks for exchanging e-invoices and other electronic documents in
Sweden.
All closing conditions are now satisfied and the acquisition of Expert Systems
has therefore been completed today.
As previously communicated, the Board of Directors of ReadSoft believes that the
consideration paid for Expert Systems is balanced and expects a positive
contribution to earnings per share already in 2013.
ReadSoft published a press release regarding the acquisition on May 7, 2013.
This is information of the type that ReadSoft AB (publ) is obligated to disclose
in accordance with the Swedish Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for publication on May
17, 2013 at 12:30 CET.
For additional information, please contact:
ReadSoft
AB

Kristin Widjer, Legal Counsel
Phone: +46 42 490 21 29 alt. +46 733 37 86 79
E-mail: kristin.widjer@readsoft.com
Johan Holmqvist, Vice President, Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com
About ReadSoft
ReadSoft is a leading global provider of software solutions for document process
automation (http://www.readsoft.com/solutions/document-processing) in the cloud
 (http://www.readsoft.com/solutions/document-processing/capture-in-the-cloud)or
on premise. ReadSoft is by far the world’s number one choice for invoice
processing automation (http://www.readsoft.com/solutions/document
-processing/invoice-processing), especially into business systems from
SAP (http://www.readsoft.com/solutions/automation-for-sap) and
Oracle (http://www.readsoft.com/solutions/automation-for-oracle). ReadSoft’s
software enables companies to automate document processes such as accounts
payable processing (http://www.readsoft.com/solutions/by-department/accounts
-payable), and mailroom automation (http://www.readsoft.com/solutions/document
-processing/mailroom-automation). Since the start in 1991, ReadSoft has grown to
a worldwide group with operations in 17 countries on six 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 Stockholm's Small Cap
list. For more information about ReadSoft, please visit www.readsoft.com