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ReadSoft Rejects Claim in Media as Unfounded

HELSINGBORG, Sweden--(BUSINESS WIRE)--Regulatory News:

According to an article in the Swedish daily newspaper Sydsvenskan, a former founder of Spear Imaging, which ReadSoft (STO:RSOFB) acquired in 2009, states that preparations are undertaken to file a claim towards ReadSoft.

ReadSoft rejects this claim as unfounded. Furthermore, ReadSoft has not received any summons application, and is not aware of any summons application having been filed in this matter.

ReadSoft AB (publ)
Södra Kyrkogatan 4
SE-252 23 Helsingborg, Sweden
Corp Identity No. 556398-1066
Telephone: +46 (0)42 490 21 00
www.readsoft.com

The information was submitted for publication on June 24, 2014 at 23:00 CET.

About ReadSoft. ReadSoft simplifies business for organizations of all sizes with applications for business processes such as accounts payable automation, accounts receivable, sales order processing, and multichannel mailroom automation. Its on-premises and cloud document process automation solutions enable some of the world’s largest corporations as well as small and medium businesses to compete and thrive in today’s environment by improving customer and supplier satisfaction, increasing operating efficiency, and providing greater visibility into business processes. ReadSoft is the world’s number one choice for invoice processing automation, and its applications integrate seamlessly with ERP systems from SAP, Oracle, Microsoft, as well as with many other business systems. Since 1991, the company has grown into a worldwide group, delivering industry expertise and support in 17 countries on six continents through its local and global partner network. ReadSoft is headquartered in Helsingborg, Sweden, and its share is traded on the NASDAQ OMX Stockholm’s Small Cap list. Visit www.readsoft.com.

This information was brought to you by Cision http://news.cision.com

Contacts

For further information, please contact:
Göran E Larsson, Chairman of the Board of Directors of ReadSoft AB
Accessed via Johan Holmqvist, Vice President Corporate Communications at ReadSoft AB
johan.holmqvist@readsoft.com
+46 (0)42 491 21 98 or +46 (0)708 37 66 77