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November 26, 2008 - ReadSoft and Ultimus have signed a global partner agreement to start promoting each other's solutions. Together, the two companies will be able to offer customers unique solutions for improving document related business processes.

Ultimus, developer of one of the most widely-deployed business process management software suites in the world, is helping customers scrutinize and improve their business processes. Ultimus first came in contact with ReadSoft during a customer project in Spain where they needed to find a solution for capturing information from incoming documents. The cooperation has now resulted in a global partner agreement.

The partnership is an Alliance Partnership, where both ReadSoft and Ultimus will promote each other's solutions. Ultimus will promote ReadSoft as the provider of choice for Document Automation solutions, while ReadSoft will promote Ultimus when encountering clients who need help analyzing and improving their business processes.

"This is a very promising business opportunity for us," says Dan Lundmark, Director of Partner Sales, EMEA, at ReadSoft. "In these days of economic unrest, many companies and organizations are looking for ways to cut costs and increase efficiency. With this new partnership, ReadSoft and Ultimus will be able to improve customers' document processes which will rid them of unnecessary paper shuffling, save time and money, and increase business efficiency. For us, it means that we will be able to offer our products and services to the Ultimus customer base."

"Ultimus is committed to helping our global network of partners expand their business offerings by aligning industry and technology expertise to meet increasing demand," says Richard Davis, CEO of Ultimus,. "Ultimus partners like ReadSoft are developing margin-rich revenue streams and diversifying from their competition by extending current business applications and integrating silos of technology with our best-of-breed Business Process Management-based solutions."

For additional information please contact;
ReadSoftAB
Dan Lundmark, Director of Partner Sales, EMEA.
Phone: +46 708 37 66 01
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. 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. www.readsoft.co.uk.

About Ultimus
Ultimus has automated more business processes than any other BPM vendor worldwide. Ultimus Adaptive BPM Suite has enabled companies to accelerate their performance goals at every stage of corporate growth. The Ultimus Suite's SOA-based broad integration tools combined with a rapid deployment model have generated outstanding results for customers and partners alike.

Ultimus' award-winning technology seamlessly adapts to people, systems and change. Utilized by more than 1,900 customers worldwide, Ultimus provides solutions to organizations such as DHL, Microsoft, Daimler, Perdue Farms, Chevron, Tulane University, Compassion International, Sony, Pfizer, Citigroup, Charles Schwab, Noor Islamic Bank, Frito Lay and AT&T. Ultimus is headquartered in North America, and has additional offices in Latin America, Europe, Asia, the Middle East and Australia. For more information, visit www.ultimus.com.

This press release was distributed by ResponseSource Press Release Wire on behalf of Next Communications in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.