ReadSoft close USD 450,000 deal

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ReadSoft close USD 450,000 deal Eyes & Hands FORMS to process 22 million forms in Uganda election The software company ReadSoft will deliver software for automatic data capture to be used in the June Election in Uganda. During a short period, ReadSofts's Eyes & Hands FORMS will register and interpret approximately eleven million electoral forms and eleven million photographs from offices in Kampala, Uganda. The deal with the Ugandan Electoral Commission has been closed in cooperation with ReadSoft's distributor, Omicron Corporation Inc. Eyes & Hands FORMS will not only be used to capture text data, but also to capture a unique identification number from portrait photograph's of the voting population in Uganda. - Census and electoral projects are market segments which are growing fast and they are perfect tasks for our products. The market's confidence in our solutions continues to grow and this order is yet another proof of that. The amount of information to be collected in the Uganda election is huge and our systems facilitate this process substantially, comments ReadSoft MD Jan Andersson. At Omicron Corporation Inc. ReadSoft was the best choice for automatic data capture. - The quality of ReadSoft's products will make our job as the system integrator for the Ugandan Electoral project easier. The process of merging images with text data will be accomplished by Eyes & Hands FORMS and we look forward to similar census projects in the future, comments Mr. Olusola Obasa president of Omicron Corporation. ReadSoft has already co-operated with the statistical bureaus in the Philippines, Estonia, Ukraine, Ghana, Sweden and Aruba. When it comes to census and electoral type projects, the market is estimated to be very large and the rationalization needs are far-reaching. In many countries the collection of information has been a very expensive and lengthy procedure, but with automatic data capture, forms can be captured and statistics can be extracted without great effort. For more information, please contact: ReadSoft AB Jan Andersson, MD ReadSoft, Pho: +46-(0)708 - 37 66 00 Olof Engvall, Information Services Manager, Pho: +46-(0)708 - 37 66 70 E-mail: info@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 twelve subsidiaries in several European countries, in North and South America and Australia. The annual growth, for the last five years, has been approximately 70%. In 2000 the turnover was 31 MUSD. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/16/20010316BIT00600/bit0003.doc http://www.bit.se/bitonline/2001/03/16/20010316BIT00600/bit0003.pdf