The focus on growth continues: ReadSoft establishes subsidiary in Benelux

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In line with its growth strategy to establish a local presence in important markets, it's time for yet another step forward in the expansion of the Swedish software company ReadSoft. The company is starting up a new subsidiary, headquartered in the Netherlands, which will also cover the neighboring countries of Belgium and Luxemburg. With this new addition, ReadSoft now has operations in 15 countries on four continents.

ReadSoft's partners and resellers have very successfully represented the company in the Benelux region. With a growing number of partners and international customers in the area, ReadSoft has found it increasingly important to be able to serve both existing and potential customers in a timely and efficient manner. With dedicated people and resources in the region, the opportunities to close more and bigger deals will increase substantially, and ReadSoft expects to grow quickly in this market/.


"Due to the success we have had in the Benelux region, this market has become more and more important to us over the years. As the region attracts more large companies and institutions, we and our partners expect further opportunities to penetrate the market. Having a local presence puts an even greater focus on our solutions and services, something which we expect will have a positive effect on our performance," comments Jan Andersson, President and CEO at ReadSoft.


The new subsidiary will be lead by Mr. Gert-Jan de Vries. Mr. de Vreis has more than ten years of industry experience in the Benelux region. As the Managing Director of ReadSoft Benelux he will, together with Mr. Peter Plantfeber, Professional Services & Presales Manager, focus the efforts on increasing the partner network in the region and finding more channels into the market.


After opening the office in Benelux, ReadSoft now has operations in the following fifteen countries: Sweden, Norway, Denmark, the Netherlands, Germany, Poland, Finland, France, Spain, the UK, the US, Chile, Brazil, Malaysia and Australia.



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 operations in 15 countries in Europe, North America, South America, Asia 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.



For additional information, contact

ReadSoftAB

Jan Andersson, CEO

Phone: +46 708 - 37 66 00

Jonna Opitz, Vice President Corporate Communications

Phone: +46 733 - 37 86 68

jonna.opitz@readsoft.com


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

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