Readsoft AB

Readsoft AB (STO:RSOFB) DnB NOR invests in the products CLASSIFY and INDEX from ReadSoft in order to automate the handling of millions of documents annually. Apart from cutting costs, the investment also gives the group the ability to provide even more effective service to its customers. The order, placed at the end of December 2008, is worth approximately US$500,000 for ReadSoft.

Readsoft AB (STO:RSOFB) 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.

Readsoft AB (STO:RSOFB) ReadSoft has received an order worth approximately US$1,000,000 from a U.S- based Fortune 500 company within the technology sector. The solution from ReadSoft will automate and optimize the processing of supplier invoices and also integrate with the installed SAP system. The agreement covers the processing of millions of invoices annually throughout the company's shared services centers in Europe and the U.S. The deal was closed in December 2008 and implementation will start during the first half of 2009.

Readsoft AB (STO:RSOFB) ReadSoft closes two large document automation projects in Australia to end the 2008 year. The combined value is more than US$510,000 and the implementations will be carried out in the first quarter this year. The orders include solutions for accounts payable automation and enterprise wide automation in the insurance sector.

Readsoft AB (STO:RSOFB) A major international oil and gas group has turned to ReadSoft to automate invoice processing and increase efficiency in their AP department. The agreement covers the processing of hundreds of thousands of invoices annually and is worth approximately 350,000 Euro. This international group will also start using ReadSoft's brand new software for reporting and statistics - REPORTER.

Readsoft AB (STO:RSOFB) ReadSoft continues to win major SAP-related accounts payable automation projects in the U.S. This time, an energy services company in the U.S., has decided to invest US$450,000 in ReadSoft's solutions. The roll-out is planned to start during the first quarter of 2009.

Readsoft AB (STO:RSOFB) A major international submetering and billing company has decided to implement ReadSoft's solutions for document classification and processing in their North American operation. ReadSoft software will automatically process invoices and also sort and categorize various incoming documents using ReadSoft's new products CLASSIFY and INDEX. The deal is worth US$400,000.

Readsoft AB (STO:RSOFB) ReadSoft has received an additional order worth over US$250,000 from an existing customer, a large chemical and materials manufacturer headquartered in the United States. The order enables the automation and optimization of supplier invoices to expand to the company's Asian facilities and will also integrate with the installed SAP system.

Readsoft AB (STO:RSOFB) AFA Insurance invests in ReadSoft's CLASSIFY and INDEX products in order to automate the handling of three additional insurance products. The investment is another step towards making document handling within the company more effective. Cost savings and improved customer service are two reasons for AFA Insurance's increased use of ReadSoft's solutions. The order is worth approximately EUR 160,000 for ReadSoft.

Readsoft AB (STO:RSOFB) Dubai Aluminum Company Limited has decided to invest in ReadSoft's invoice processing solutions for SAP® to increase the efficiency of their invoice processing. The agreement covers the processing of tens of thousands invoices annually and is worth over 150,000 Euro to ReadSoft. The new, automated work process will be put into production at the beginning of next year.