ReadSoft signs agreement with Swedish public authority worth EUR 175,000

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A Swedish public authority has chosen to initially invest approximately EUR 175,000 in the document handling solution FORMS, by ReadSoft. The solution will automate the handling of preprinted forms. In addition to the time and cost savings, this authority is now able to better control and follow up its processes.

With the aid of ReadSoft's document handling solution, this authority will be able to minimize manual work by automating information capture of its incoming documents and papers. Reduced handling costs, faster processing times, more efficient error handling and better control are just a few of the advantages.


"Over 3,000 customers around the world already use our document handling solutions," says ReadSoft's CEO Jan Andersson. "That we can still seal prestigious deals like this, 15 years after the product was first launched, feels especially good. In addition, there are good prospects that this authority will make additional investments in the product later this year, which also means that we can then divulge more information about both the customer and the project."













For additional information please contact:


ReadSoftAB

Jan Andersson, CEO, ReadSoft

Phone: +46 708 - 37 66 00

Jonna Opitz, Vice President, Corporate Communications

Phone: +46 733 - 37 86 68

jonna.opitz@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. Specialized solution labs for SAP, Oracle, Microsoft and Capture processes ensure cutting edge solutions with great customer value. 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.

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