International power and gas company invests €200,000 in solutions from ReadSoft

ReadSoft has received an additional order worth approximately 200,000
EUR from a large European Power and Gas company. The order today, is
an upgrade of the agreement signed already in 2004. The solution from
ReadSoft will automate and optimize supplier invoice processing at
the company's headquarters and will also integrate with the installed
SAP system. The roll-out of the solution starts immediately

This European customer is one of the world's leading power and gas
companies. The group employs around 93,500 world-wide and generated
sales of €87 billion in 2008.

With the goal of making their accounts payable processes more
efficient, this company decided to invest in ReadSoft's solutions
already in 2004. The automated work process has proven very efficient
and as their business keep growing the decision was made to expand
the solution. With this latest addition the company now has an
overall capacity to process 1.2 million invoices per year.

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.