Interim report January-March 2009


Sales grow by 14 percent, strong cash flow and increased profit
* Sales for January-March increased by 14% to SEK 146.5 (129.1)
  million
* Operating profit EBITDA for the period increased to SEK 2.9 (-3.2)
  million
* Earning per share after tax for the first quarter were SEK -0.27
  (-0.28)
* Cash-flow from operating activities for the period was SEK 42.8
  (23.7) million"Our sales growth for the first quarter of 2009 was 14 percent and
  the operating profit EBITDA improved by SEK 6.1 million compared to
  the same period last year. The cash flow from continuous business
  operations almost doubled to SEK 42.8 (23.7) million. All our
  geographic markets show organic growth in local currencies. The
  speed of growth varies however, between the individual markets.

  The current market state has a negative influence on us, however,
  we sell products that offer considerable cost savings, and that is
  an advantage in the prevailing situation. Favorable currencies
  rates have also been helped along during the most recent period.

  All in all, we are pleased with the way 2009 has started and are
  optimistic about the possibility for continued growth throughout
  the year. Our objective is to continue to improve our results, to
  win market shares and to capitalize on those opportunities that a
  weaker market could present."

  Jan Andersson
  President and CEO


  Read the entire report in the pdf attached.


  For further information please 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