Interim report January - March 2007


License sales increase by 19 percent and the focus on growth
continues
- The turnover for the first quarter increased by 7 percent to SEK
109.2 (102.3) million
- Results after tax was SEK -2.6 (0.8) million
- Results per share after tax was SEK -0.08 (0.03) kronor
- Cash-flow from the current business was SEK 9.5 (18.6) million

KEY DEVELOPMENTS DURING THE FIRST QUARTER OF 2007
During the first quarter of 2007 ReadSoft has started an expansion of
the sales organization internationally by employments primarily in
the UK, USA, France and Germany. The sales force has increased by
approximately 10 percent since the beginning of the year. An
organization is also being established in Asia where a Managing
Director working out of Kuala Lumpur, Malaysia has been employed.

During the first quarter of 2007 ReadSoft has closed a number of
important deals. One of these was with the Norwegian Post (Posten
Norge), one of the largest service bureaus in Norway. They are
expanding their use of ReadSoft's software for automated invoice
handling. Posten Norge implements the software to handle more than
two million invoices per year. The deal, which is worth approximately
€ 200,000 is ReadSoft's largest invoice processing deal to date in
Norway, when it comes to sheer volume of invoices.
Another deal was closed with a French company who holds world leading
brands within the area of domestic equipment. After using ReadSoft
DOCUMENTS for Invoices for some time in parts of the organization,
the company will now expand the solution to the entire group. The
order is initially worth approximately EUR 330,000.
During the period the roll out of a new Document Automation system
from ReadSoft was made for Puig Beauty & Fashion Group (Grupo Puig),
one of the main manufacturers and distributors of perfumes, cosmetics
and luxury goods in Spain. The system will automate the capture and
handling of paper invoices and integrate into the customers existing
SAP system. The new solution will process more than 100,000 supplier
invoices per year.

For more information contact President/CEO Jan Andersson +46
 424902100, mobile +46  708376600  or VP Corporate Communication,
Jonna Opitz at +46  424902108  or CEO Jan Bertilsson at +46
 424902143. Please visit http://www.readsoft.com/

Learn more about ReadSoft on www.readsoft.com
ReadSoft is the world's leading supplier of software for Document
Automation. The company develops and markets a complete software
platform for Document Automation named ReadSoft DOCUMENTS. The vision
is to free businesses everywhere from manual document handling. Since
its founding in 1991, ReadSoft has developed into a global group with
offices in 14 countries 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. ReadSoft has been listed on the Stockholm stock
exchange since 1999. ReadSoft AB. Södra Kyrkogatan 4, 252 23
Helsingborg. Sweden. Phone: +46  424902100, Registration number:
556398-1066

Attachments

The entire report in pdf