ReadSoft signs another major deal worth $820,000 USD with large U.S. corporation

Only a week after the closing of one of ReadSoft's largest deals
ever, the company wins yet another major SAP accounts payable
automation project on the very competitive North American market.
This time, a U.S. based company within paperboard packaging solutions
has decided to invest $820,000 USD in ReadSoft's solution. The
implementation will be made at the company's facilities in the U.S.,
and the roll-out of the solution is planned to start during the
summer of 2008.

This leading provider of paperboard packaging solutions employs  some
7,700 people and reported sales of $2.4 billion in 2007. The  company
holds a leading market  position, and its  customers include some  of
the most widely recognized companies in the world.

With the goal  of making accounts  payable processes more  efficient,
this world-leading company decided to try ReadSoft's solution after a
thorough benchmark  with the  leading suppliers  in the  market.  The
software's proven stability and ReadSoft's effective integration into
SAP were the main reasons for choosing ReadSoft. The solution  offers
a significant business  value, allowing the  customer to make  better
use of its employees, ensure higher-quality information, and  improve
security. ReadSoft's  SAP  solution including  the  products  INVOICE
COCKPIT, WEB CYCLE, ANALYZER and INVOICES will now be used to process
over one million invoices annually."The ReadSoft document process  automation solutions residing in  SAP
have proven to  be extremely  well positioned for  the U.S.  market,"
says ReadSoft's President and CEO Jan Andersson. "With the wins we've
made during the last  12 months, ReadSoft is  making itself known  as
the number 1 solution within the SAP segment in North America."




For additional information, 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.