ReadSoft and CSC collaborate in Document Automation and sign a contract with Vodafone Sweden

ReadSoft and CSC collaborate in Document Automation and sign a contract with Vodafone Sweden ReadSoft has entered into a partnership with CSC Sweden, part of Computer Sciences Corporation, which is one of the world's leading IT companies. The partnership concerns the resale and installation of ReadSoft's FORMS software. Vodafone Sweden, their first mutual customer, will use ReadSoft's software to automate registration processes. With the new cooperation agreement, CSC can offer its Scandinavian customers the advantages of automatic document handling and data capture. In the first mutual project, with the telecom operator Vodafone Sweden, FORMS will be used to automate reading and interpretation of customer service forms. Until now, the documents have been sorted by an older OCR (Optical Character Recognition) engine. However, Vodafone Sweden now anticipates substantial savings from using the automatic data capture and superior sorting in FORMS. CSC will install, integrate and maintain the system. This first project marks the beginning of a collaboration between ReadSoft and CSC that will allow them to offer more advanced solutions to their mutual customers in Scandinavia. "CSC is a global IT supplier whom we are very happy to have the opportunity to work with. The Swedish company has 900 employees and is an important player. Together we can create attractive offers. Our first mutual contract with Vodafone Sweden is a promising start for our collaboration," says ReadSoft's President Jan Andersson. "CSC is very pleased about this partnership with ReadSoft. We consider ReadSoft's document handling products to be among the best on the market and believe the partnership opens new business opportunities. CSC has a long relationship with Vodafone Sweden and is proud to be able to participate in this automation project," says Tor-Vidar Fosser, Business Manager at CSC. What is FORMS? FORMS offers organizations substantial savings, increased productivity and improved data quality. FORMS reads handwritten text, machine-print, barcodes, check boxes, circles, tables, matrixes, and even complete addresses. Among other benefits, automatic forms processing is much faster than manual keying of information, offering a quick return on investment. ------------------------------------------------ For more information, please contact --------------------------------------- ReadSoft AB Jan Andersson, President/CEO Pho: +46-(0)708 - 37 66 00 Olof Engvall, Vice President, PR & Communication Pho: +46-(0)708 - 37 66 70 E-mail: olof.engvall@readsoft.com CSC Sverige Tor-Vidar Fosser Account Manager Pho: 0709 - 895310 E-mail: tor-vidar.fosser@csc.com About CSC Sweden - CSC Sweden, with its head office in Stockholm, was established in 1994 and currently employs approximately 900 people in eight cities. CSC's consultants have expertise in strategic consultation, system integration, system development, e-business, data security and outsourcing. CSC's clients come from the banking, insurance and aviation industries, telecommunications, manufacturing, the public sector and the defense industry. About ReadSoft ReadSoft is the world's leading supplier of software for Document Automation. The company develops and markets a complete software platform for Document Automation named ReadSoft DOCUMENTS. The vision is to free businesses everywhere from manual document handling. Since its founding in 1991, ReadSoft has developed into a global group with 11 subsidiaries in Europe, North and South America and Australia, and a large number of local and global partners. ReadSoft is headquartered in Helsingborg, Sweden, and its primary R&D facility is in Stockholm. ReadSoft has been listed on the Stockholm stock exchange since 1999. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/28/20040624BIT21230/wkr0001.pdf

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ReadSoft is the worldwide market leader in the development and sales of forms processing software, that is, software for the automatic registration and interpretation of data on forms and invoices in paper or electronic format.

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