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.
Due to competitive markets and confidentially agreements ReadSoft is
not granted permission to mention the names of these customers. Both
companies, however, hold leading positions within their respective
market area.
The ReadSoft document automation solutions for accounts payable and
forms processing have proven to be extremely well positioned for the
larger companies in Australia. With the two recent wins as well as
announcement of the global agreement with Orica in September of 2008
ReadSoft is making itself known as the number 1 solution within
document automation in Australia. The latter of these two deals
includes ReadSofts enterprise wide automation solutions CLASSIFY &
INDEX as a centre piece of the customer's document process automation
strategy, and follows a successful pilot in Q4 2008.
"The investment that large companies are willing to make in our
solutions to automate the capture and flow of business documents is
of considerable importance to the future direction of ReadSoft," said
Jan Andersson, President and CEO of ReadSoft. "These deals also
manifest our leading position within document automation and are a
clear statement that our products fit the technology direction of
leading companies today and in the future."
For additional information please contact;
ReadSoft
AB
Jan Andersson, CEO, ReadSoft
Phone: +46 708 - 37 66 00
Jonna Opitz, Vice President, Corporate
Communications
Phone: +46 733 - 37 86 68
jonna.opitz@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.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
http://hugin.info/130119/R/1280193/285977.pdf
Copyright © Hugin AS 2009. All rights reserved.