ReadSoft and Esker Provide Document Automation Solutions Through Global Partnership


STOCKHOLM, Sweden, June 11, 2003 (PRIMEZONE) -- ReadSoft has signed a global partner agreement with Esker Software, a French-based output management provider with activities in more than 80 countries. The new partnership offers solutions for document automation on markets where ReadSoft and Esker are present.

Connected to a business workflow system, the ReadSoft and Esker solution will allow companies to completely automate their document processing, including invoicing and purchasing processes; from the automatic capture of incoming documents to the automatic delivery of outgoing documents. ReadSoft's technology captures and interprets incoming documents (on paper or in electronic form) and directs them to the corresponding enterprise application (accounting, purchase management, etc.) The Esker DeliveryWare Platform delivers purchase orders in the recipients' preferred format (email, XML, fax, Web, SMS etc). Both solutions are completely compatible and integrate seamlessly into all major ERP systems. Furthermore, both ReadSoft and Esker are SAP-Certified Partners.

"Blending the best of Esker's output knowledge with ReadSoft's award- winning technology for input management will further improve document management for clients, reduce costs, boost productivity, improve communications, and increase profitability. By teaming up with Esker, we provide a solution that eliminates laborious manual handling," said ReadSoft's MD Jan Andersson.

"Productivity gains, back office cost reduction, the shortening of business cycles, and the savings generated by the automation of procurement documents exchange are all significant. In addition to the immediate financial benefits, integrating a solution to automate the exchange of procurement and invoicing documents forces businesses to re- examine and improve the effectiveness of their procurement processes. Therefore, the return on investment on such projects are often much less than a year," added Eric Thomas, Business Alliances Director at Esker.

At a sales and marketing level, the partnership will initially call for a series of seminars in European countries where Esker and ReadSoft are present, in particular the United Kingdom, Germany and Spain. Already launched in France and Australia, these seminars have proved to be very successful, attracting CFOs, senior buyers and other chief executives. Some fifteen projects are already based on this offer.

For more information, please contact:


 ReadSoft AB                      Esker Software
 Jan Andersson,                   Eric Thomas,
 MD ReadSoft                      Business Alliances Director
 Pho: +46-(0)708 - 37 66 00       Pho: +33 4 72 83 46 46
 Olof Engvall,                    thomas@esker.fr
 Head of Information
 Pho: +46-(0)708 - 37 66 70       www.esker.com
 E-mail:
 olof.engvall@readsoft.com

About ReadSoft

ReadSoft, is the world's leading supplier of software for document automation and associated information processing. The company develops and markets a broad range of products based on our own products FORMS, INVOICES and EZ-OUT, and supplementary systems developed for them. Since its founding in 1991, ReadSoft has developed into a global group with 11 subsidiaries in Europe, North and South America and Australia, and a large number of local and global partners. ReadSoft is headquartered in Helsingborg, Sweden, and its primary R&D facility is in Stockholm. The ReadSoft Group employed 261 people at year-end.

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