ReadSoft Launches Microsoft-Integrated AP Automation Cloud solution at Convergence 2013

Regulatory News:

ReadSoft (STO:RSOFB), a global document process automation provider with over 8,500 customers, will unveil its Accounts Payable (AP) automation cloud solution newly integrated with Microsoft Dynamics AX at the global Convergence 2013 conference in New Orleans, USA, March 18-21. ReadSoft’s cloud solution is the first of its kind to run on Windows Azure.

For the first time, Microsoft Dynamics users have access to a secure, cloud solution for accounts payable that is not only compatible with Microsoft Dynamics but runs on Azure – ultimately providing 24/7 secure access to invoice data. End-users also benefit from immediate start-up, minimal IT involvement and lower AP processing times and costs. Microsoft Dynamics users interested in learning more about AP automation in the cloud are encouraged to visit booth # 536 to network with ReadSoft solution experts and view live solution demonstrations.

Companies interested in joining ReadSoft’s Microsoft Partner Network as a reseller of the world’s first and only Azure-based AP automation solution in the cloud are invited to meet with representatives of ReadSoft's Global Partner Team at the conference. ReadSoft is a member of Microsoft’s Managed ISV partner program, ensuring continuous support and dedicated Microsoft representation.

"ReadSoft’s latest cloud solution release was designed with the Microsoft Dynamics end-user in mind, combining the AP automation benefits that ReadSoft’s customers are already leveraging today with the inherent benefits of a secure, Microsoft-focused cloud strategy,” said Per Åkerberg, President and CEO of ReadSoft. "Convergence 2013 is a premier opportunity for Microsoft Dynamics users to network with ReadSoft solution experts and learn the latest best practices and solutions designed to not only maximize their initial Microsoft investment but also meet their evolving needs of today.”

ReadSoft is a Microsoft Certified Gold Partner delivering performance management for financial applications in relation to Microsoft solutions. ReadSoft’s solutions are available for many Microsoft applications including Microsoft Dynamics AX, Microsoft Dynamics GP, Microsoft Dynamics NAV, and Microsoft Dynamics SL.

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 13:00 CET on March 5, 2013.

About ReadSoft

ReadSoft is a leading global provider of software solutions for document process automation (http://www.readsoft.com/solutions/document-processing) in the cloud (http://www.readsoft.com/solutions/document-processing/capture-in-the-cloud)or on premise. ReadSoft is by far the world’s number one choice for invoice processing automation (http://www.readsoft.com/solutions/document-processing/invoice-processing), especially into business systems from SAP (http://www.readsoft.com/solutions/automation-for-sap) and Oracle (http://www.readsoft.com/solutions/automation-for-oracle). ReadSoft’s software enables companies to automate document processes such as accounts payable processing (http://www.readsoft.com/solutions/by-department/accounts-payable), and mailroom automation (http://www.readsoft.com/solutions/document-processing/mailroom-automation). 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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