ReadSoft AB Releases ReadSoft Online Approve for Windows 8

Regulatory News:

ReadSoft AB (STO:RSOFB) today announced it has launched ReadSoft Online Approve for Windows 8 and Windows RT, Microsoft’s highly-anticipated new version of its Windows operating system.

ReadSoft Online Approve is designed to help businesses streamline the invoice approval process by bringing the power of cloud computing to your fingertips. Users can access invoices in ReadSoft Online anywhere, anytime, from mobile devices or desktop computers, which makes the Accounts Payable process much more efficient and saves money. "ReadSoft is excited to launch ReadSoft Online Approve for The Windows Store,” said Björn Karlsson, Senior Vice President, Capture Automation Lab at ReadSoft AB.

"We feel confident that the beautiful, new design, cloud connectivity, great hardware and solid foundation of Windows 8 will provide a great experience with ReadSoft Online Approve.” ReadSoft Online Approve helps businesses, large and small, by shortening manual invoice processes and reducing costs. Users can view the invoice image on screen and see detailed information, such as automatically interpreted invoice amounts, accounting information and more.

The use of electronic images reduces paper waste and turnaround times, as it is no longer necessary to send hard copies via post or inter-office mail. ReadSoft Online Approve includes features like invoice approval and rejection, an overview of pending invoices and a user-comment system. Approved invoices can be automatically sent to your financial system in an instant.

ReadSoft Online Approve has been developed exclusively for Windows 8 and comes with a state-of-the-art user experience that is designed to take advantage of touch screens and mobile devices, so approving invoices is intuitive and easy. "Microsoft app developers have always provided rich functionality and value for our shared customers, and Windows 8 gives them the platform to deliver.” said John Richards, Senior Director, Windows Business Development. "The re-imagining of Windows keeps our app developers ahead of the competition and gives our shared customers flexibility and choice.”

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Products or service names mentioned herein are the trademarks of their respective owners.

ReadSoft may be required to disclose the information provided herein pursuant to the Securities Market Act. The information was submitted for publication at 14:30 CET on December 10, 2012.

About ReadSoft

ReadSoft is a leading global provider of software solutions for Document Process Automation. ReadSoft’s software enables companies to automate document processes such as accounts payable processing (http://www.readsoft.com/purchase-to-pay.aspx), document capture (http://www.readsoft.com/enterprise-capture.aspx), document sorting (http://www.readsoft.com/software-products/document-capture.aspx), and order to cash (http://www.readsoft.com/order-to-cash.aspx). ReadSoft is by far the world’s number one choice for automated invoice processing (http://www.readsoft.com/software-products.aspx), especially into business systems from SAP (http://www.readsoft.com/default/sap-solutions) and Oracle (http://www.readsoft.com/default/oracle-solutions). Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 17 countries on six 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 Stockholm's Small Cap list. For more information about ReadSoft, please visit www.readsoft.com.

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