ReadSoft and StreamServe partners on e-invoicing

ReadSoft and StreamServe partners on e-invoicing The Swedish software suppliers ReadSoft and StreamServe announce a cooperation to offer fully electronic invoice processing. The new offering makes electronic communication between companies much easier. At ReadSoft, efforts are intensified to offer completely electronic invoice flows between companies. With this partnership, both companies take a strategic grip on the development towards fully electronic invoice flows. Customers using ReadSoft DOCUMENTS for Invoices will be able to receive large volumes of invoices electronically. This lowers costs, simplifies handling, and rids companies of paper shuffling. StreamServe's expertise lies in creating output data from different business systems. StreamServe's Swedish customer base will now be able to send electronic invoices to ReadSoft's customers as well. "ReadSoft's software is the business standard when it comes to capturing information from invoices. It fits perfectly with StreamServe's new e-invoicing solution. The application is developed for various Business Systems and complies with book keeping Acts and security regulations, says Christian Hadenius, President at StreamServe Nordic. "The demand for reliable solutions for electronic invoice flows is growing steadily and many companies demand that their suppliers are able to send their invoices electronically. This is a promising cooperation which is a compliment to our own technology (EZ-OUT) for sending invoices electronically. The partnership opens up new doors for us towards large and mid-sized companies using StreamServe's output system. These companies will be able to send electronic invoices to far more companies than before," says Jan Andersson, President at ReadSoft. "StreamServe makes it possible to increase the number of electronic invoices sent to ReadSoft's systems and thereby decrease paper handling. ReadSoft gives StreamServe an advantage through their ability to capture incoming invoices automatically," finishes Christian Hadenius, President at StreamServe Nordic. ------------------------------------------------ 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 SteamServe Svenska AB Christian Hadenius, President StreamServe Nordic Pho: + 46-(0)706- 86 85 50 or Ingrid Blom, PR-Manager Nordic Pho: + 46-(0)706- 86 85 38 E-Mail: Ingrid.blom@streamserve.com More about Streamserve at www.streamserve.se. With more than 4000 customers across the world, StreamServe is an innovative and leading company within the rapidly growing EBC business (Enterprise Business Communication). StreamServe is the only company which can offer an independent platform for communication exchange between two companies regardless of format or communication channel. StreamServe was founded in Sweden in 1995. Today their solution is distributed and supported in more than 130 countries. StreamServe cooperates with system suppliers, system integrators and business suppliers such as IBM, SAP and Oracle. StreamServe and Business Communication Platform are brands belonging to StreamServe. 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/2004/10/12/20041011BIT21190/wkr0010.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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