Press Room

IBML signs UK and Scandinavia reseller agreement with ReadSoft

Combining high-volume document scanning with intuitive capture and classification

FOR IMMEDIATE RELEASE, 02 January 2008 – Guildford, Surrey (UK) – Imaging Business Machines, LLC (IBML), manufacturer and supplier of the high-speed ImageTrac® Colour Scanning Platform, has announced that ReadSoft® has become an authorised reseller of IBML’s ImageTrac range in the UK and Scandinavia.

ReadSoft is a leading, innovative supplier of advanced document capture solutions. The company’s ReadSoft Documents Classify and Index product delivers advanced classification capabilities that automatically separate pages, classify different document types, and group related pages and documents together. The solution automatically extracts key data comprising handwritten and machine printed characters, barcodes and check boxes, thus delivering vital index information for subsequent business processes. ReadSoft specialises in providing solutions to retail banks, mortgage providers, insurance companies and other key vertical sector organisations, which benefit from accurate, high-volume document scanning, capture and processing.

According to Ashley Keil, Business Development Manager UK, Africa and Western Europe at IBML, “The combination of IBML’s ImageTrac Scanning Platform and ReadSoft Documents accelerates the speed and accuracy of processing incoming documents. IBML’s ImageTrac scans up to 20,000 documents per hour. ReadSoft Documents captures and classifies data very early in this scanning cycle, which results in outstanding service levels and operational efficiency.”

Stuart Neale, Manager of Digital Mailrooms Solutions at ReadSoft, said “As the founding father of high-volume intelligent scanning, IBML has retained its leadership position over many years. The partnership with IBML will enable us to enhance ReadSoft’s end-to-end digital mailroom solutions capability utilising IBML’s ImageTrac scanning and our advanced Classify and Index software. We are confident that IBML’s ImageTrac delivers the quality, reliability and accuracy that ReadSoft customers have come to expect.”

About Imaging Business Machines LLC
Imaging Business Machines provides intelligent scanning technology for the most demanding document imaging applications, including mixed documents of different weights, sizes and compositions. The company's ImageTrac® Scanning Platform consists of the ImageTrac scanners, SoftTrac® user interface software with DocNetics® and professional services. ImageTrac scanners offer front and rear colour image capture, multiple image outputs, barcode, 2D barcode, ICR, MICR and multiple sort pockets. Every day, hundreds of ImageTracs capture millions of colour and bi-tonal images for our customers in 34 countries. Visit www.ibml.com for more information.

About ReadSoft
ReadSoft is a world-leading supplier of software for Document Automation. The company develops and markets a complete software platform for document automation under the name of ReadSoft DOCUMENTS. The vision is to release businesses around the world from handling documents manually. Since starting in 1991, ReadSoft has grown into a worldwide Group with offices in 16 countries and partners in an additional 70. The head office is in Helsingborg, Sweden, which - along with Stockholm - also houses the Group's main research and development unit. The ReadSoft share is traded on the Nordic Stock Exchange Small Cap list. Find out more about ReadSoft at www.readsoft.co.uk