ReadSoft wins "ECM Connection ACE Award 2007"

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ReadSoft, the leader of Document Automation technologies, takes home the ECM Connection ACE Award 2007 in the Compliance category. ReadSoft is recognized for its compliance with Accounts Payable documents.

"The ReadSoft DOCUMENTS product platform has been on the market for over two years and during this time additional enhancements have been made in the area of compliance with Accounts Payable documents" said Jan Andersson, President and CEO of ReadSoft. "Being the first Document Automation company to achieve product certifications with both Oracle E-Business Suite and MySAP(TM) ERP has allowed ReadSoft to maintain a competitive advantage in product enhancements within these areas. We accept this award as an acknowledgement from people in the industry as well as from our customers."


The ACE designation honors a company's accomplishments and achievements in three specific categories: Appeal, Content, and Education. According to the ECM Connection staff, appeal refers to the company's innovative, feature-rich product line; content refers to the valuable information resources offered on the company's website and in its marketing collateral; and education refers to the vendor's outstanding outreach programs and services.


Twenty-three finalists have been chosen around six industry and vertical market categories: Government, Healthcare, Banking/Finance, Compliance, High-Volume Scanning, and Low-Volume Scanning. ReadSoft, with the ReadSoft DOCUMENTS products platform, was the winner in the Compliance category.


"ReadSoft DOCUMENTS for Invoices is a really strong business solution with outstanding market possibilities and we continually develop the concept", comments Jan Andersson. "At AIIM we were able to show the advancements in our technology and the award confirms our strong position as the market leader, driving innovator in this area."


The AIIM show, this year held in Boston, is recognized as the most important event in Document handling and imaging. This is the thirteenth time ReadSoft exhibits at AIIM.






For additional information, contact

Jan Andersson, CEO

Phone: +46 708376600

Jonna Opitz, Vice President Corporate Communications

Phone: +46 733378668

jonna.opitz@readsoft.com


About ReadSoft:

ReadSoftis a world-leading supplier of software for document automation. The company develops and markets a complete software platform for document automation under the name of ReadSoft DOCUMENTS. The vision is to release businesses around the world from handling documents manually. Since starting in 1991, ReadSoft has grown to a worldwide Group with eleven subsidiaries in Europe, North America, South America and Australia, as well as a large number of local and global partners. The head office is in Helsingborg, Sweden, which - along with Stockholm - also houses the Group's main research and development unit. The ReadSoft share is traded on the Nordic Stock Exchange Small Cap list.

Find out more about the company at www.readsoft.com

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