ReadSoft signs agreement worth 350,000 USD with global apparel company

ReadSoft signs agreement worth 350,000 USD with global apparel company

A world-leading apparel industry pioneer has selected ReadSoft's
SAP®-certified invoice automation solution for its North American shared
service center. Recognizing ReadSoft's expertise and leading market
position, the company chose to build an efficient accounts payable
solution with ReadSoft. The agreement is worth 350,000 USD and was
signed during the second quarter of 2010.

This global organization has revolutionized the apparel industry with
its products and continues to grow and invest in emerging markets across
the world. As the company built a business case for invoice automation
in North America, ReadSoft helped define its core solution requirements.
Ultimately impressed with ReadSoft's best practice solution approach,
the company chose to invest in ReadSoft's accounts payable automation
solution. ReadSoft, with thousands of references worldwide, was deemed
as a pioneering market leader that provides continuous technological
innovation.
”As a global provider of document process automation solutions for many
years, ReadSoft has earned the reputation as a trusted advisor,” said
Jan Andersson, CEO at ReadSoft. ”We have the good fortune to be able to
share accounts payable automation best practices with customers, and we
look forward to working closely with this company to achieve its AP
vision with success.”

For additional information, please contact
ReadSoft
AB                                                                      
                                  
Jan Andersson, CEO                                             
Phone: 46 708 37 66 00
Johan Holmqvist, Vice President, Corporate Communications
Phone: 46 708 37 66 77
Email: johan.holmqvist@readsoft.com (johan.holmqvist@readsoft.com)