ReadSoft's President and CEO is leaving his position for a role in the
Board of Directors

Jan Andersson, ReadSoft's President and CEO, has decided to leave his
position in agreement with the Board of Directors. Jan Andersson will
remain in office until a new President and CEO has been appointed and
will be proposed by the Nomination Committee to be elected to the Board
of Directors at the Annual General Meeting of Shareholders on May 3,
2011. The recruitment of a new President and CEO has started and is
expected to take three to six months.

”It has been a privilege and an exciting journey to lead ReadSoft from
the very beginning when we were only two people with a great idea and
great ambitions to the global Group it is today. I will continue to
contribute to the company's development with all my ability, but now
from a governance and ownership perspective, says Jan Andersson.
“Jan has devoted twenty years from the very start to build up one of
Sweden's most exciting software companies to a successful and respected
global player. With a record result 2010 Jan wishes to hand over to a
successor to take ReadSoft to the next level in its development.
ReadSoft will get continuity and inspiration from Jan as a Director of
the Board and we look forward to many years of prosperous co-operation,
comments Göran E. Larsson, Chairman of the Board of Directors of
ReadSoft AB.
This information is such that ReadSoft AB (publ) is to publish in
accordance with the Swedish Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for publication
on February 18, 2011 at 8.45am CET.

For additional information, please contact:
ReadSoft
AB                                                                      
                                  
Jan Andersson, President and CEO                                       
Phone: +46 708 37 66 00
Göran E. Larsson, Chairman of the Board
Phone: +46 705 65 68 69
Email: gla@eddaconsult.se (gla@eddaconsult.se) 
Johan Holmqvist, Vice President, Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com (johan.holmqvist@readsoft.com)