Cash offer from Hyland Software UK

Hyland Software UK Ltd. (”Hyland UK”), a company controlled by Hyland Software,
Inc. (”Hyland”), has today 18 June 2014 announced a cash offer to the
shareholders of ReadSoft AB (publ) (”ReadSoft”) to transfer all shares in
ReadSoft to Hyland UK at a price of SEK 42.86 in cash per share in ReadSoft (the
“Offer”).

Hyland UK has stated that an offer document is expected to be made public
shortly before the commencement of the acceptance period around 11 July 2014.
Further, Hyland UK has stated that the acceptance period is expected to end
around 5 September 2014.
It follows from Hyland UK’s press release that shareholders in ReadSoft,
together holding 934,254 class B shares, corresponding to about 3.1 per cent of
all outstanding shares in ReadSoft, have pursuant to agreements with Hyland UK,
unconditionally and irrevocably undertaken to accept the Offer.
ReadSoft’s board of directors intends to not later than two weeks prior to the
expiry of the acceptance period announce its opinion of the Offer, and reasons
for this opinion.
On 6 May 2014, Lexmark International Technology, S.A. (”Lexmark International
Technology”), a company controlled by Lexmark International Inc., announced a
public cash offer to the shareholders of ReadSoft of SEK 40.05 per share. The
acceptance period for Lexmark International Technology’s offer commenced on
Friday 23 May 2014 and ends on Monday 23 June 2014.
Information on the terms and conditions for Lexmark International Technology’s
offer may be found in the offer document made public by Lexmark International
Technology on 21 May 2014. The offer document also includes the transaction
agreement entered into between ReadSoft and Lexmark International Technology
comprising certain provisions regarding competing bids.
For further information, please contact:
Göran E Larsson, Chairman of the Board of Directors of ReadSoft AB
Accessed via Johan Holmqvist, Vice President Corporate Communications at
ReadSoft AB
johan.holmqvist@readsoft.com
+46 (0)42 491 21 98 or  +46 (0)708 37 66 77
ReadSoft AB (publ)
Södra Kyrkogatan 4
SE-252 23 Helsingborg, Sweden
Corp Identity No. 556398-1066
Telephone: +46 (0)42 490 21 00
www.readsoft.com


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 June
18, 2014 at 17:10 CET.

About ReadSoft. ReadSoft simplifies business for organizations of all sizes with
applications for business processes such as accounts payable
automation (http://www.readsoft.com/solutions/by-department/accounts-payable
-automation), accounts receivable (http://www.readsoft.com/solutions/automation
-for-sap/accounts-receivable), sales order
processing (http://www.readsoft.com/solutions/automation-for-sap/sales-order
-processing-sap), and multichannel mailroom
automation. (http://www.readsoft.com/solutions/document-process
-automation/mailroom-automation) Its on-premises and cloud document process
automation solutions (http://www.readsoft.com/solutions/document-process
-automation/mailroom-automation) enable some of the world’s largest corporations
as well as small and medium businesses to compete and thrive in today’s
environment by improving customer and supplier satisfaction, increasing
operating efficiency, and providing greater visibility into business processes.
ReadSoft is the world’s number one choice for invoice processing
automation (http://www.readsoft.com/solutions/document-process
-automation/invoice-processing), and its applications integrate seamlessly with
ERP systems from SAP (http://www.readsoft.com/solutions/automation-for-sap/sales
-order-processing-sap), Oracle (http://www.readsoft.com/solutions/automation-for
-oracle-e-business-suite), Microsoft (http://www.readsoft.com/solutions/document
-process-automation/invoice-processing-for-microsoft-dynamics), as well as with
many other business systems. Since 1991, the company has grown into a worldwide
group, delivering industry expertise and support in 17 countries on six
continents through its local and global partner network. ReadSoft is
headquartered in Helsingborg, Sweden, and its share is traded on the NASDAQ OMX
Stockholm’s Small Cap list. Visit www.readsoft.com.