ReadSoft North America Invests in Future Growth with Enhanced Marketing and Partner Management

ReadSoft North America fortifies its management team with expert document and data capture industry professionals as it names Tim Dubes Vice President of Marketing and Bob Monio Director of Channels and Alliances.

New Orleans, LA, June 12, 2010 --(PR.com)-- Tim Dubes joins ReadSoft as Vice President of Marketing with extensive sales and marketing professional experience in the data capture and process automation industries. Prior to joining ReadSoft North America, Dubes was the Vice President of Product Promotion with Captaris, recently acquired by Open Text. Dubes has also led sales and marketing teams at Kofax and Cardiff Autonomy. With ReadSoft, Dubes’ primary responsibilities are lead generation and qualification and marketing campaigns.

With a successful background of over 15 years driving solution sales and revenue growth through global partnerships and alliances, Bob Monio joins ReadSoft as Director of Channel Partnerships and Alliances. Prior to joining ReadSoft North America, Monio was responsible for Global Alliances at Open Text where he facilitated Channel/ISV Management and Alliance activity with firms such as Accenture and Deloitte for over five years. At ReadSoft, Monio’s responsibilities include leading the North American Channel program and driving incremental revenue growth through partnerships and alliances.

“Tim has a proven ability to tell the technology story in a way that relates to financial executives,” said Bob Fresneda, President of ReadSoft North America. “The addition of Bob and Tim to the ReadSoft North America management team reflects our commitment to growing our document process automation business through channel and strategic relationships.”

About ReadSoft:

ReadSoft is the global leader in the development and sales of a complete product platform for Document Process Automation. With thousands of customers on a global basis, ReadSoft supports customers and partners in North America with offices in 7 locations, including the corporate headquarters in New Orleans, LA.

Established in 1991, ReadSoft was first to bring free form technology for invoice processing to market and first to achieve certifications to enterprise resource planning systems such as SAP and Oracle. ReadSoft has become the global technology leader, with operations in 16 countries and partners in an additional 70. We are proud to have the largest and most innovative development department in the industry, with professional services to assist customers and partners on a global basis. ReadSoft’s vision is to free businesses everywhere from manual document handling. For more information please visit www.readsoft.com.

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For more information, please contact:

Tim Dubes, Vice President of Marketing, ReadSoft. 504.841.0106 tim.dubes@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.
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ReadSoft
Emily Gelpi, Marketing Communications Specialist
504.841.3205
www.readsoft.com
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