Whirlpool chooses ReadSoft s electronic invoice processing solution

Whirlpool, the world's leading manufacturer and marketer of major
home appliances, is investing in electronic invoice processing from
ReadSoft. The initial agreement covers the processing of
approximately 250,000 invoices annually throughout the company's
European subsidiaries. The value of the agreement is over 200,000
EUR.

Whirlpool has decided to automate and digitalize all supplier invoice
handling. Their Shared Service Centre in Dublin, Ireland receives a
major part of their supplier invoices in an electronic format from 18
European countries every day. The new, entirely automated, work
process will be put into production during the first quarter of 2008.
If things go according to plan, the solution will expand to cover the
rest of the Whirlpool Group as well.

The investment includes a full integration with Whirlpool's SAP
system and an electronic workflow. The solution from ReadSoft will
provide Whirlpool with a series of advantages including greater
efficiency, cost reductions associated with invoice processing, and
facilitated invoice tracking.

Per-Olof Nyman, CFO of Whirlpool in Europe, says "We were looking for
an application that would be totally integrated with our SAP system,
be highly functional, and be able to provide the global support that
a group of our size requires. We have very high expectations for it."

Greater transparency and traceability will give Whirlpool greatly
enhanced opportunities for quickly responding to invoicing inquiries,
enabling them to provide suppliers with a more effective service."Our solution is perfectly suited to SAP's enterprise system and
satisfies the strict requirements of multinational companies like
Whirlpool, when it comes to handling invoices and payment," says
ReadSoft CEO Jan Andersson. "Our task now is to make the roll-out in
Europe a success, thus enabling us to further develop the
collaboration."

About Whirlpool Corporation
Whirlpool Corporation is the world's leading manufacturer and
marketer of major home appliances, with annual sales of more than $18
billion, more than 73,000 employees, and more than 70 manufacturing
and technology research centers around the world. The company markets
Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Bauknecht
and other major brand names to consumers in nearly every country
around the world. Additional information about the company can be
found at http://www.whirlpoolcorp.com.

ReadSoft DOCUMENTS for Invoices
More than ten years of experience with electronic invoice processing
has produced the most powerful, and by far the most popular (2,000
clients), system on the market. ReadSoft DOCUMENTS for Invoices is a
highly profitable investment for just about any business. Fully
implemented, electronic invoice processing lowers costs by 25-50%.
Meanwhile, the invoicing process speeds up and employees can devote
more time to tasks that take advantage of their individual skills.
ReadSoft DOCUMENTS for Invoices captures, reads and classifies all
incoming formats, whether paper or electronic. The solution, which is
customised for simple linkage to leading international enterprise
systems, is certified for both SAP and Oracle.

------------------------------------------------ For additional
information, contact ---------------------------------------

ReadSoft
AB
Jan Andersson, CEO, ReadSoft

Phone: +46 708 - 37 66 00
Jonna Opitz, Vic President, Corporate
Communications
Phone: +46 733 - 37 86 68
jonna.opitz@readsoft.com

ReadSoft is 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 offices in 15 countries 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 ReadSoft on
www.readsoft.com