New OrleansJune 10, 2014 — A leading patient experience improvement firm has become the second North American service bureau to purchase XBOUND, ReadSoft’s large-scale multichannel process automation solution.

After completing a successful proof of concept in the first quarter, ReadSoft was selected by the service bureau to implement XBOUND in its high-production processing environment with swift onboarding to ramp up production in the second quarter. Together with ReadSoft, the service provider will streamline its processing of over 30 various survey types for its customers in the healthcare sector.

As a robust central solution platform, XBOUND leverages automatic classification and indexing to standardize incoming information and initiate document-driven processes. The service provider is now poised to implement more fluid operations across multiple process lines to better meet the needs and requirements of its customers. Along with enabling greater operational efficiencies, XBOUND will provide full visibility of every patient’s responses, allowing the service provider’s worldwide client base quicker access to more accurate data.

“This is second sale of XBOUND in North America,” said Bob Fresneda, ReadSoft Senior Vice President, Americasand Asia Pacific. “In both cases, it was immediately clear to the customer that our multichannel automation solution is unrivalled in its ability to meet the high-production demands of healthcare document processing service providers with greater flexibility, visibility, and scalability.”

For more information, please contact:

Emily Toras, Marketing Manager, ReadSoft North America. 504.841.3205 emily.toras@readsoft.com

Bob Fresneda, Senior Vice President, Americas & Asia Pacific, ReadSoft. 504.841.0111bob.fresneda@readsoft.com      

About ReadSoft
ReadSoft simplifies business for organizations of all sizes with applications for business processes such as accounts payable automationaccounts receivablesales 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 SAPOracleMicrosoft, 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.

ReadSoft North America supports its valued customers and partners with offices in seven locations throughout theUnited States, including its corporate headquarters in New Orleans, Louisiana. Visit www.readsoft.com.


This press release contains forward-looking statements within the meaning of the federal Private Securities Litigation Reform Act of 1995. Statements contained herein that are not statements of historical fact may be deemed to be forward-looking information. Without limiting the foregoing, references to future growth or expansion are forward-looking, and words such as “anticipates,” “believes,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “should,” “will,” and “would” and other forms of these words or similar words are intended to identify forward-looking information. You should read statements that contain these words carefully because they discuss our future expectations contain projections of our future results of operations or of our financial position or state other forward-looking information. There may be events in the future that we are not able to predict or control accurately, and any forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include: (i) the ability to recruit and retain qualified technical and other personnel in a highly competitive market, (ii) market acceptance of our new and future products, (iii) the growth and adoption rate of Windows NT and Windows 2000, (iv) growing competition and (v) our ability to maintain and manage our growth. For additional information regarding risk factors that could affect our future results, please refer to the discussions of “Risk Factors” in our Form 10-Q for the quarter ended June 30, 2000, filed with the SEC on August 8, 2000, and our Form S-1/A Registration Statement Amendment filed on March 9, 2000.