ReadSoft North America Invests in Channel Growth with DataBank IMX Partnership

ReadSoft North America, a leading global document process automation provider, increases its national presence as it welcomes DataBank IMX, a premier document management company, to its growing partner network.

New Orleans, LA, July 30, 2010 --( With extensive experience in document management solutions and services, DataBank delivers technologies, tools and methods to capture, manage, store, preserve and deliver information for thousands of customers. In partnering with ReadSoft, DataBank enhances its cost-effective solution offerings with best-in-class products from ReadSoft. The partnership also leverages DataBank’s existing premier partner status with Hyland OnBase, a content management vendor that has joint customer implementations with ReadSoft.

“Databank is a valuable addition to our growing partner network with its strong national presence and premier sales and support capabilities,” said Bob Fresneda, President of ReadSoft North America. “As ReadSoft continues to invest in industry-leading solution providers, we look forward to exceeding customers’ needs and expectations with cutting-edge solutions.”

“We have had the unique opportunity to experience ReadSoft’s best-in-class solutions and commitment to customer satisfaction first-hand,” said Chuck Bauer, President and COO of DataBank. “We are excited to expand our relationship with ReadSoft as partners and look forward to enhancing customers’ business solutions with value-adding products from ReadSoft.”

About DataBank IMX:

DataBank IMX is a national full-service provider of document management solutions and scanning services and provides digital conversion services, imaging systems and solutions for companies and organizations that want to improve their document imaging and information management processes. DataBank has rapidly become a leader in the document services industry with state-of-the-art production locations nationwide. It also enjoys industry partnerships with “best of class” document management and imaging technology organizations.

DataBank understands the importance of protecting vital information belonging to its clients, with SAS 70 Type II and PCI accreditation, the Company is committed to providing world class security and compliance as a trusted business partner. As an industry leader, DataBank understands its customer’s business environment and delivers value added application solutions. Databank is first and foremost a customer focused company with a proven track record of success. Visit

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


For more information, please contact:

Tim Dubes, Vice President of Marketing, ReadSoft. 504.841.0106

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.
Emily Gelpi, Marketing Communications Specialist