ReadSoft initiates collaboration with Anoto regarding technical integration with digital pen

ReadSoft initiates collaboration with Anoto regarding technical integration with digital pen ReadSoft has launched a collaboration with C Technologies' subsidiary Anoto, the creator of a global de facto standard for digital paper and digital pen technology. ReadSoft and Anoto intend to collaborate on developing services, featuring Anoto functionality and Readsoft's systems for automatic data capture. Anoto has created a global de facto standard for digital pen and paper and will launch services enabling handwritten text to be transmitted directly from paper to e-mail, fax or SMS. When writing on paper enabling Anoto functionality, the information is captured by a camera in the digital pen. The digital pen contains memory and a transmitter that forwards the information using Bluetooth technology. It is in the following process that ReadSoft's software for automatic data capture is to be used. ReadSoft's Eyes & Hands FORMS will be used as an integrated part of the Anoto solution to interpret, verify and validate the information from the digital pen and then transfer this information into, for example, a database. The joint solution will offer highly flexible and mobile tools for capturing information from inventory notes and other forms where stationary solutions for automatic data capture is not possible. "Anoto has created a handwriting communication system that is a fine compliment to ReadSoft's technology. The digital pen works just as a scanner and that makes the entire automatic data capture process mobile. We hope that the collaboration with Anoto will create a whole new group of segments for ReadSoft's solutions," says Jan Andersson MD of ReadSoft. "Since 1991 ReadSoft has been leading the way in terms of handwriting recognition and data processing from paper to computer. "They are perfect partners for Anoto, offering the automated recognition capabilities that the Anoto concept needs," says Christer Fåhraeus President of Anoto AB. For more information, please contact: ReadSoft AB Anoto AB Jan Andersson, MD ReadSoft, Christer Fåhraeus Pho: +46-(0)708 - 37 66 00 MD Olof Engvall, Head of Information, + 46 733 45 12 05 Pho: +46-(0)708 - 37 66 70 www.anoto.com E-mail: olof.engvall@readsoft.com www.readsoft.com ReadSoft is the market leader in the development and sales of software for automatic data capture, which is software that automatically registers and interprets data on forms and invoices in paper or electronic format. Since its establishment in 1991,ReadSoft has evolved into a global corporation with thirteen subsidiaries in Sweden, Norway, Denmark, Germany, France, Spain, Italy, The UK, The US, Mexico, Chile, Brazil and Australia. The annual growth, for the last five years, has been approximately 70%. In 2000 the turnover was 31 MUSD. In May the Swedish business magazine Veckans Affärer awarded ReadSoft the title "IT- Company of the year 2001. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/12/20011212BIT00250/bit0001.doc http://www.waymaker.net/bitonline/2001/12/12/20011212BIT00250/bit0001.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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