Dubai Aluminium Company Limited chooses ReadSoft for electronic invoice processing

Dubai Aluminum Company Limited has decided to invest in ReadSoft's
invoice processing solutions for SAP® to increase the efficiency of
their invoice processing. The agreement covers the processing of tens
of thousands invoices annually and is worth over 150,000 Euro to
ReadSoft. The new, automated work process will be put into production
at the beginning of next year.

Dubai Aluminium  Company Limited  (DUBAL) is  a multi-billion  dollar
corporation. It is one of  the largest single site aluminium  smelter
operations in the  world, the  seventh largest  producer of  aluminum
globally, and one  of the  largest non-oil  contributors to  Dubai's'
economy.

Executive Vice-President and Group CFO Mr. Geraldo Aguiar said  that:"DUBAL Treasury  in  its  endeavour to  achieve  best  practices  has
identified the  opportunity to  automate processing  of our  Accounts
Payable in order to improve  quality and strengthen our  relationship
with our  3,000+  active  suppliers and  to  efficiently  manage  the
continuous flow of documents.""We were looking for  an application that  would be fully  integrated
with our SAP system,  be highly functional, and  able to provide  the
support that a group  of our size  requires, says Hussain  Al-Sayegh,
Manager Treasury at Dubai Aluminum and continues; "After an  in-depth
functional and technical evaluation, DUBAL chose ReadSoft's  solution
for processing invoices  using the  SAP system platform  and we  have
high expectations on ReadSoft's solution to lower our costs, shortens
lead  times  in  our  payment  routines,  improve  accuracy  and  our
relationships with suppliers"."This is an important deal for us  in this part of the world. When  a
major player like DUBAL chooses our solution for invoice  processing,
it strengthens our position as the world wide leading supplier," says
Jan Andersson, CEO and President of ReadSoft.


For additional information please 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.