DnB NOR invests in the products CLASSIFY and INDEX from ReadSoft in
order to automate the handling of millions of documents annually.
Apart from cutting costs, the investment also gives the group the
ability to provide even more effective service to its customers. The
order, placed at the end of December 2008, is worth approximately
US$500,000 for ReadSoft.


DnB NOR bank ASA is one of the Nordic leaders in banking, finance and
insurance and has approximately 13,000 employees. The group has long
been the clear market leader in Norway. Strong trademarks such as
Nordlandsbanken, Cresco, Postbanken, DnB NORTH and Carlson, are all
part of the DnB NOR group.

"The objective of this investment is to both ensure the quality of
information and to streamline our processes. This in turn leads to
greater efficiency throughout our organization," says managing
consultant Sissel B. Nyheim, at DnB NOR bank ASA.

Together with ReadSoft's solutions for handling both invoice and
forms, DnB NOR bank ASA has been using automatic data capture for
years in its electronic archive solutions. Advances in new technology
made evaluating ReadSoft's new solutions the natural choice, and now,
the handling of document processes within the group will be even more
effective.

CLASSIFY and INDEX make it possible to automatically separate,
classify, capture and index information from incoming documents, and
then send this information to an electronic workflow and/or archive.
Plans are in the works for possible future development where the DnB
NOR solution would grow to cover the bank's needs for handling
incoming post, faxes and e-mail. ReadSoft is starting implementation
immediately and counts on the solution being in operation by the
first half of this year.

"We are extremely glad that DnB NOR has taken the strategic decision
to invest in our latest solution for document handling," says
ReadSoft's CEO Jan Andersson. "Our solution gives them the ability to
improve the handling of important documents, and this will result in
simpler, faster and more cost-effective processes throughout the
group - an obvious competitive advantage in both the banking and
insurance markets."


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


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