Pitney Bowes Group 1 Software


Press Release

Date:
Monday, April 03, 2000
Contact:
David Peikin
Phone:
(301) 918-0818
Email:
G1@schwartz-pr.com

Group 1 and QSP Enter Marketing Agreement for Electronic Document Composition


Lanham, MD — Group 1 Software (Nasdaq: GSOF) announced today that it has entered into a joint marketing agreement with QSP Inc. for DOC1, Group 1's electronic document composition system. QSP is a leading provider of enterprise-wide financial software and business solutions, enabling Financial Processing Optimization.

"QSP customers see the tremendous value in adding conditional marketing messages and dynamic graphs to their customer documents, and DOC1 provides that functionality," said Gordon Quick, VP of Marketing for QSP. DOC1 is the fastest way to produce dynamic, easy-to-read, personalized business documents for print and on-line delivery, complementing QSP's high transaction volume processing financial solutions.

"We look forward to providing our market-leading document composition system to QSP's customers," said Alan Slater, Vice President and General Manager of Group 1's DOC1 Division. "We expect this relationship to solidify DOC 1's presence in the financial industry."

The DOC1 system allows dynamic document applications to be developed in a WYSIWYG environment on a Windows NT workstation. The DOC1 production engine can run under MVS, Windows NT, UNIX (Sun Solaris, HP/UX and AIX, DEC UNIX), Open VMS, OS/400 or PC DOS. DOC1 is completely printer independent and produces AFP, metacode, HP/PCL, PostScript, PDF and line data output.

Group 1 Software is a leading provider of software for data quality, database marketing, electronic document composition applications, and mailing efficiency/direct marketing applications. Group 1 supports MVS, VSE, AS/400, UNIX (including Linux), Windows NT 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 company is also represented in Latin America, Asia, and Australia.

QSP enables financial process optimization (FPO) through its financial software, e-business solutions, professional services and Application Service Provider (ASP) Division. QSP's FPO solutions are scalable, in real-time and support all financial processes within an organization, including budgeting and forecasting, travel and expense management, and business intelligence. Specific FPO solutions address vertical market requirements, and QSP's Application Service Provider division provides application rental and management services. QSP serves major organizations in over 20 countries from offices throughout the U.S., UK and Asia Pacific. QSP has clients in key vertical markets, including finance, retail, airlines, utilities, insurance and government. Customers include America West Airlines, Stop & Shop Supermarkets, Office Depot, The Bank of England, Colonial Financial, Burns International Services Corporation, Telstra, British Airways, the London Stock Exchange and BMW.

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This press release may contain statements relating to 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 the company's products and services and other risks identified in the company's SEC filings. 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. The company 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 and DOC1 are registered trademarks of Group 1 Software, Inc. All other brand names, trademarks and registered trademarks are the property of their respective owners.