ReadSoft partners with Dinero Solutions to expand North American coverage of Oracle Accounts Payable Market


ReadSoft North America has signed an integration partner agreement
and subcontractor agreement for Dinero to assist and lead ReadSoft
Oracle AP automation projects in the US and Canada. At the signing of
the agreement between ReadSoft and Dinero, Dinero signs first
customer project for revenues estimated at $150,000 USD to be
implemented in the fall of 2008."This partnership is yet another example of the success we are
experiencing on the North American market" said Jan Andersson,
President and CEO of ReadSoft. "The growth we've seen on this market
during the last year, in a market where focus lies on cost cutting
and down sizing, is tremendous and gives us strong faith for the
future in North America as well as in other markets facing the same
economic trends."

In an effort to expand the availability of resources to the Oracle AP
automation market ReadSoft sought out an Oracle integration partner
that has the experience and bandwidth to assist in the sales and
deliveries of the ReadSoft Oracle certified solutions. The contract
executed between the two companies will allow Dinero Solutions to
resell and install the ReadSoft Oracle AP automation solutions as
well as be a certified subcontractor on ReadSoft direct business.

Since Dinero Solutions was founded in early 2000, it has helped
numerous companies implement complete end-to-end Oracle ERP solutions
and specialized modules such as; Projects and Assets. The company
also assists firms interested in selecting suite software to meet
their needs for customer relationship management, supply chain
management, financial accounting, human resource and enterprise
reporting. Dinero Solutions is an Oracle Member Partner and"On-Demand" Certified Implementer."Dinero is focused on Oracle solutions that bring financial value to
our customers and that can be implemented in a cost effective manner"
said Chris Goeckel, President of Dinero Solutions. "We feel the
ReadSoft Oracle Solutions combined with our professional services
experience will deliver true value to our customers""The Oracle AP automation solutions that we bring to the market are
growing in acceptance and usage" said Bob Fresneda, President of
ReadSoft North America. "This Oracle market for AP automation is in
the early stages of significant growth and a partner company with the
expertise of Dinero will be a great asset to our customers and our
North American team"

About Dinero:
Dinero Solutions, headquartered in Duluth, Georgia, is a recognized
leader in the Southeast and has been providing innovative enterprise
software solutions to mid-market and Fortune 1000 companies around
the world.  Dinero Solutions focuses on helping Utility, Technology,
Financial Services, and Retail companies implement Oracle
Applications to build a competitive business advantage


For additional information, 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 Nordic Stock Exchange
Small Cap list. For more information about ReadSoft, please visit
www.readsoft.com.

Attachments

The release in pdf.pdf