Interim Report January-June 2008


License sales increase by 17 percent and continued strong growth in
the U.S.

- The turnover for the first six months increased by 16 percent to
SEK 273.9 (236.8) million
- Results (EBITDA) for the first six months was SEK 3.7 (1.6) million
- Results per share for the first six months were SEK -0.28 (0.02)
- The turnover for the second quarter increased by 13 percent to SEK
144.8 (127.6) million
- Results (EBITDA) for the second quarter was SEK 7.0 (5.2) million
- Results per share for the second quarter was SEK -0.01 (0.10)
- Cash-flow from the current business for the first six months was
SEK 42.4 (16.1) million"ReadSoft's business has continued to develop well during the second
quarter of 2008. License sales increased by 17 percent, and sales in"the USA and the rest of the world" grew by over 30 percent. The
Nordic market, too, had a strong quarter with growth of 23 percent,
while growth in the large Central European markets was more gradual.
ReadSoft's EBITDA improved compared to 2007. However, increased
depreciation meant that pre-tax earnings were lower compared to the
same period last year. Cash flow from the current business was strong
and substantially improved compared to last year.
Markets all over the world are unsteady, and many organizations are
focusing more and more on finding solutions that reduce their costs.
Therefore reasonably negative economic trends could boost sales of
strongly cost-cutting products and solutions."

Jan Andersson
President and CEO


Read the entire report in the attached pdf


Contact
Jan Andersson, President and CEO
Phone: +46 708-37 66 00
Jonna Opitz, Vice President Corporate Communications
Phone: +46 42-490 21 08 or +46 733-37 86 68
Jan Bertilsson, CFO
Phone: +46 42-490 21 43
e-mail: firstname.lastname@readsoft.com


About ReadSoft
ReadSoft is  a  leading global  provider  of software  solutions  for
Document  Automation.  ReadSoft's   software  enables  companies   to
automate document processes such  as data entry, classification,  ERP
matching, workflows, e-invoicing etc. The results are faster and less
expensive document processing, and increased control. ReadSoft is  by
far the world's number one  choice for invoice automation  solutions.
Specialized solution  labs for  SAP,  Oracle, Microsoft  and  Capture
processes ensure cutting  edge solutions with  great customer  value.
Since the start in 1991, ReadSoft has grown to a worldwide group with
operations in 16 countries on five continents and a network of  local
and global  partners.  The head  office  is located  in  Helsingborg,
Sweden and the  ReadSoft share  is traded  on the  Nasdaq OMX  Nordic
Exchange Small Cap list. For more information about ReadSoft,  please
visit www.readsoft.com.

Attachments

The entire report in pdf.pdf