ReadSoft's SAP®-Certified accounts payable solutions available for IBM Customers globally

ReadSoft's SAP®-Certified accounts payable solutions available for IBM
Customers globally

ReadSoft, a leading provider of global document process automation
solutions, announced today that its market-leading accounts payable
solutions for SAP are being jointly marketed and delivered to IBM
customers in conjunction with PreferredPartner, an IBM Premier Business
Partner specializing in IBM software solutions and IT services.

ReadSoft's SAP®-Certified solutions provide comprehensive accounts
payable and financial process optimization for organizations utilizing
SAP as their financial system. In partnering with PreferredPartner,
ReadSoft leverages IBM's Smart Archive strategy to further extend and
support IBM customers' investments in an enterprise information
archiving platform, including data discovery, e-discovery,
classification, records management and analytics. This combined solution
allows IBM customers to receive a solid, end-to-end, business process
solution that effectively addresses both their financial business
process and compliance requirements - all delivered with a solid ROI.
“We are looking forward to a very successful partnership. The depth and
breadth of ReadSoft's expertise, together with the proven performance of
IBM's Smart Archive Strategy will provide companies with the agility and
performance they require,” said Steve Churchill, President and CEO of
PreferredPartner. “By integrating ReadSoft's best-in-class solutions
with the best in IBM technology, every customer, regardless of size,
will gain the ability to reduce operational costs and increase
efficiency with a smarter, more unified document process automation
solution.”
“ReadSoft has been delivering our SAP-based accounts payable solution to
IBM customers through our partnership for quite some time,” said Bob
Fresneda, President of ReadSoft North America. “Through our relationship
with PreferredPartner, we are pleased to offer a tighter and more
comprehensive sale to IBM customers globally while extending the
customer's investment in end-to-end business process solutions.”
”We have won major deals with large IBM customers lately, which
demonstrate the strength and success of our partnership with IBM to
date,” says Peter Hörwing, Senior Vice President, Sales and Marketing
for ReadSoft. “With this agreement, we will reach even more IBM
customers who can benefit from ReadSoft's SAP-based accounts payable
solutions together with IBM's Smart Archiving Strategy.”
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 October 21, 2011 at 15:00 CET.

For additional information, please contact:

ReadSoft AB       
Jan Andersson, President and CEO   
Phone: +46 708 37 66 00
Peter Hörwing, Senior Vice President, Sales and Marketing
Phone: +46 733 37 86 70
Johan Holmqvist, Vice President, Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com (johan.holmqvist@readsoft.com)