ReadSoft closes three deals totaling over US$1 million to end 2008 in North America

ReadSoft closes three large SAP accounts payable automation projects
to end the 2008 year in North America. The combined value is more
than US$1,000,000 and the implementations will be carried out during
the first half year this year.

Due to confidentially agreements, ReadSoft is not granted  permission
to mention the names of these customers at this moment. However, they
work in three widely different sectors: biopharmaceutical, energy and
nonprofit which  demonstrates  that  ReadSoft's  solutions  are  well
suited for organizations operating in any vertical or market place.

Document process automation  solutions residing inside  both SAP  and
Oracle systems  have  proven  to be  extremely  well  positioned  for
companies seeking to cut costs and improve quality in their  document
processes. ReadSoft has won a record amount of major accounts payable
deals on the North American market during 2008 and is considered  the
number one solution within the SAP segment in North America."The success we've experienced on the North American market during
2008 has solidified our leading position within document process
automation and reflects that our products fit the direction of many
leading companies and brands," said Jan Andersson, President and CEO
of ReadSoft. "Last year was a breakthrough for this kind of
technology in the U.S., and we are looking forward to exploring this
very competitative market even further in the years to come."



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.