Interim report January - March 2007

KEY DEVELOPMENTS DURING THE FIRST QUARTER OF 2007

During the first quarter of 2007 ReadSoft has started an expansion of the sales organization internationally by employments primarily in the UK, USA, France and Germany. The sales force has increased by approximately 10 percent since the beginning of the year. An organization is also being established in Asia where a Managing Director working out of Kuala Lumpur, Malaysia has been employed.

During the first quarter of 2007 ReadSoft has closed a number of important deals. One of these was with the Norwegian Post (Posten Norge), one of the largest service bureaus in Norway. They are expanding their use of ReadSoft's software for automated invoice handling. Posten Norge implements the software to handle more than two million invoices per year. The deal, which is worth approximately € 200,000 is ReadSoft's largest invoice processing deal to date in Norway, when it comes to sheer volume of invoices.

Another deal was closed with a French company who holds world leading brands within the area of domestic equipment. After using ReadSoft DOCUMENTS for Invoices for some time in parts of the organization, the company will now expand the solution to the entire group. The order is initially worth approximately EUR 330,000.

During the period the roll out of a new Document Automation system from ReadSoft was made for Puig Beauty & Fashion Group (Grupo Puig), one of the main manufacturers and distributors of perfumes, cosmetics and luxury goods in Spain. The system will automate the capture and handling of paper invoices and integrate into the customers existing SAP system. The new solution will process more than 100,000 supplier invoices per year.

For more information contact President/CEO Jan Andersson +46 424902100, mobile +46 708376600 or VP Corporate Communication, Jonna Opitz at +46 424902108 or CEO Jan Bertilsson at +46 424902143. Please visit http://www.readsoft.com/

Learn more about ReadSoft on www.readsoft.com

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 offices in 14 countries 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. ReadSoft AB. Södra Kyrkogatan 4, 252 23 Helsingborg. Sweden. Phone:+46424902100, Registration number: 556398-1066