ReadSoft acquires the assets of Spear Solutions AB and Spear Imaging Inc.

ReadSoft acquires the assets of Spear Solutions AB and Spear Imaging
Inc.

ID: 6170

(Thomson Reuters ONE) - ReadSoft AB has today acquired all intellectual assets of SpearSolutions AB and Spear Imaging Inc. These assets include patents andsoftware for image processing and document handling. The parties havedecided not to publish the acquisition amount.Through this acquisition, ReadSoft gains access to technology whichcomplements the company's own solutions. Spear has, among otherthings, developed software which improves the quality of scannedimages, which is of great importance to document handling solutions.Spear also has technology for remote image capture and web-basedsolutions for document processing."Spear has developed software which is in line with our ownintentions and ambitions," comments Jan Andersson, CEO at ReadSoft."This acquisition enables us to move faster and we will now integrateSpear's software into our own which will strengthen and broaden ouroffering to the market."For additional information, contact:ReadSoft ABJan Andersson, CEO, ReadSoftPhone: +46 708 - 37 6600Jonna Opitz, Vice President, CorporateCommunicationsPhone: +46 733 - 37 8668jonna.opitz(at)readsoft.comAbout ReadSoftReadSoft is a leading global provider of software solutions forDocument Automation. ReadSoft's software enables companies toautomate document processes such as data entry, classification, ERPmatching, workflows, e-invoicing etc. The results are faster and lessexpensive document processing, and increased control. ReadSoft is byfar the world's number one choice for invoice automation solutions.Since the start in 1991, ReadSoft has grown to a worldwide group withoperations in 16 countries on five continents and a network of localand global partners. The head office is located in Helsingborg,Sweden and the ReadSoft share is traded on the Nasdaq OMX NordicExchange Small Cap list. For more information about ReadSoft, pleasevisit www.readsoft.com.http://hugin.info/130119/R/1343251/321725.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Datum: 24.09.2009 - 10:22 Uhr
Sprache: Deutsch
News-ID 6170
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