Readsoft AB ReadSoft has been trusted to deliver software to compile information about 1.65 million households in Ecuador. The project is run by the National Statistic and Censuses Institute of Ecuador (INEC), together with ReadSoft's local partner Ecuasistemas. This is the first time computers are used to scan and interpret information about the country's population. The project is aimed to poll 13.8 million Ecuadorians in order to evaluate the needs for future government programs.

The prestigious project was won by ReadSoft's partner Ecuasistemas, a local Ecuador IT-company and a selected supplier to INEC. Ecuador uses a system called SELBEN to identify the needs for social programs. Through different surveys, SELBEN establishes the possible beneficiaries for the social programs and also measures the impact of the investments made. Valid information is crucial in order to provide a fair distribution of the resources assigned by the government. To gather this information, SELBEN relies on the National Statistic and Censuses Institute of Ecuador (INEC) the government department with responsibility for collection, analysis and publication of socio-economic data in Ecuador.

The collected information will be a single registration of beneficiaries that will enable government's social programs approval. It is a task of great magnitude that embraces the most vulnerable families in Ecuador. This activity began in June and it will last six months. The information collected is the data of each family and its members, their life conditions, and will also update the country's database The Social Registration.

"Using Document Automation software to put together a large-scale census project like this one means modernizing the process of producing basic data for statistics in a fast and reliable way. The solution we provide together with ReadSoft will enable INEC to capture and identify the demographic and socioeconomic characteristics in Ecuador and in the long run make sure that help reaches the neediest in the country," says Ovidio Morla, President of Ecuasistemas S.A..

By upgrading the database in SELBEN, INEC won't have to deal with the monotonous, slow, and expensive task of manually keying in information into computers. By automating the process, INEC can compile the necessary statistics very quickly and accurately. At the same time, resources are freed up for more important tasks.

For additional information, 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.



LINK: http://hugin.info/130119/R/1236204/263680.pdf

Readsoft AB

http://www.readsoft.com

ISIN: SE0000479107

Stock Identifier: XOME.RSOFB

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