New Vice President of Corporate Communications at ReadSoft

Johan Holmqvist has work experience in strategic communication and public relations within a number of international organizations, namely JKL Group, Gunnebo Industrier, Telelogic and IBM. His latest assignments at these companies were as, among others, Communication Consultant, Head of Investor Relations, and Head of Group Communications. Johan came most recently from IBM via the acquisition of Telelogic in 2008. Johan succeeds Jonna Opitz.

"We are very pleased that Johan Holmqvist joins ReadSoft, and I am convinced that Johan, with his experience and background from similar positions at listed companies, will contribute positively to ReadSoft's communication work and development," says Jan Andersson, CEO at ReadSoft.

For additional information, please contact:

ReadSoft AB

Jan Andersson, CEO

Phone: +46 708 37 66 00

Johan Holmqvist, Vice President, Corporate Communications

Phone: +46 708 37 66 77

Email: johan.holmqvist@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. 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.