Pitney Bowes Group 1 Software


Press Release

Date:
Monday, December 04, 2000
Contact:
David Peikin
Phone:
(301) 918-0818
Email:
G1@schwartz-pr.com

NetFlix Selects Group 1's DataVerse for Real-time Address Verification


Lanham, MD and Los Gatos, CA — Group 1 Software (Nasdaq: GSOF) today announced that NetFlix has selected Group 1's industry-leading DataVerse US address matching product for real-time verification of customer data. NetFlix is a pioneer in online movie rental, providing movie fans convenience, selection and service through home delivery and access to the world's largest DVD library for a flat monthly fee.

By ensuring address data quality, DataVerse US improves deliverability of goods, thereby reducing the costs of undeliverable shipments and increasing customer satisfaction. The highly scalable, easy-to-integrate DataVerse offerings can handle transactional volumes typical of today's leading e-businesses. DataVerse supports both Java and COM (ActiveX) interfaces.

"Our customers rely upon us to deliver the DVDs they rent from us in a timely, cost-effective manner," said Neil Hunt, vice president of Internet engineering at NetFlix. "Using Group 1's DataVerse, we can ensure the highest degree of accurate address entry while our customers are on our Web site. By adding barcodes to the address labels, our DVDs are delivered quickly, oftentimes a few days faster than non-cleansed addresses, while minimizing lost and undeliverable goods. Rapid turnaround time on DVD rentals enables our customers to view more movies while minimizing our mailing and customer retention costs." "We're very pleased that NetFlix has chosen DataVerse US for this important application," said Bob Bowen, CEO of Group 1. "This utilization of DataVerse underscores the tremendous value of our innovative real-time data quality solutions when integrated in a company's Web environment."

Group 1 Software is a leading provider of software for data quality, database marketing, electronic document composition applications, and mailing efficiency and direct marketing applications. Group 1 supports MVS, VSE, AS/400, UNIX (including Linux), Windows NT, Windows 2000 and other operating systems and various computers. Group 1 has offices throughout the United States and in Canada, the United Kingdom, and continental Europe; the Miami office serves the Latin American market. The company is also represented in Asia and Australia.

Headquartered in Los Gatos, CA, NetFlix is the world's largest online DVD rental site, with more than 9,000 titles available. The company provides movie fans with an unlimited movie rental service for $19.95 per month, delivering the DVD movies directly to their home mailbox. Netflix members can check out up to three movies at a time and receive new selections as they return the movies they have viewed. The company also provides information on new theater releases, including reviews, video trailers, recommendations, and show times at local theaters. Unique to NetFlix is Cinematch, a proprietary technology that compares an individual's movie tastes with those of other like-minded NetFlix members and makes highly personalized recommendations. For more information on Netflix, visit the company's Internet site at www.netflix.com.

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This press release may contain statements relating to Group 1's future plans, events or performance. Such statements may involve risks and uncertainties, including risks associated with uncertainties pertaining to customer orders, demand for products and services, development of markets for Group 1's products and services and other risks identified in Group 1's SEC filings. Group 1's actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which address the conditions as they are found on the date of this press release. Group 1 undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances that arise after the date of this press release or to reflect the occurrence of unanticipated events. Group 1 Software is a registered trademark and DataVerse is a trademark of Group 1 Software, Inc. All other brand names, trademarks and registered trademarks are the property of their respective owners.