U.S. chemical company invests US$250,000 to expand the use of ReadSoft solutions to Asian facilities

ReadSoft has received an additional order worth over US$250,000 from
an existing customer, a large chemical and materials manufacturer
headquartered in the United States. The order enables the automation
and optimization of supplier invoices to expand to the company's
Asian facilities and will also integrate with the installed SAP
system.

This U.S. customer is a chemical and materials company with 6,500
employees located in 40 countries around the world. The company
provides products and services in refining, construction, packaging
and building materials to a wide range of industries.

The company invested in ReadSoft's solutions for forms processing in
2004 and later expanded its partnership with ReadSoft to automate
accounts payable processes in 2006.  The company's expectations have
been met regarding anticipated roll out schedules and solution
benefits, thus the decision was made to expand the solution to cover
the group's operations in Asia as well."This customer has been with us for many years now and, this order is
proof that they trust our technological leadership," says ReadSoft
President and CEO Jan Andersson. "The agreement also aligns with our
strategy of gaining a foothold with multinational companies to set
the stage for global expansion. With our presence worldwide, we can
also offer global solutions with local support."

Maintaining a leading position requires the implementation of the
latest technologies on the market, which is why many multinational
groups choose to automate their invoice processing. Manually
processing invoices and other related documents is time and resource
consuming. ReadSoft's solutions offer significant business value,
allowing customers to make better use of their employees, ensuring
higher-quality information and improving security.



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.