ReadSoft signs $400,000 deal with energy services company in the U.S.

ReadSoft continues to win major SAP-related accounts payable
automation projects in the U.S. This time, a major energy services
and delivery company serving about 3 million customers in the U.S.,
has decided to invest $400,000 USD in ReadSoft's solutions. The
roll-out of the solution is planned to start during the fourth
quarter of 2008.

This company, operating  in the  highly demanding  energy sector,  is
committed to  continuously improving  its environmental  performance,
and was attracted to a business  solution that will reduce paper  and
provide a more electronic procedure,  apart from making the  accounts
payable processes more efficient.

After a thorough benchmark with the leading suppliers in the  market,
this company decided to partner with ReadSoft. The software's  proven
stability, with hundreds of users all over the world, and  ReadSoft's
effective integration into  SAP were  the main  reasons for  choosing
ReadSoft. The solution offers a significant business value,  allowing
the  customer  to   make  better   use  of   its  employees,   ensure
higher-quality information,  and  improve  security.  ReadSoft's  SAP
solution including the products INVOICE COCKPIT, WEB CYCLE,  ANALYZER
and INVOICES will now be used  to process more than 150,000  invoices
annually."This is yet another good agreement and reference for us on the North
American market," says  ReadSoft's President and  CEO Jan  Andersson."We find it  both exciting  and interesting that  our solutions  also
strengthens the environmental profile of our customers."


For additional information, contact:
ReadSoft
AB
Jan Andersson, CEO, ReadSoft

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