Pitney Bowes Group 1 Software

Press Release

Date:
Thursday, October 30, 2003
Contact:
David Peikin
Phone:
(301) 918-0818
Email:
G1@schwartz-pr.com

Group 1 Software Named to
Forbes 200 Best Small Companies List

Lanham, MD — Group 1 Software (Nasdaq: GSOF) today announced its selection by Forbes Magazine as one of “200 Best Small Companies in America” for 2003. The companies on the list were selected from more than 3,500 companies with annual sales between $5 million and $600 million and a share price above $5.00. Companies on the list were ranked based on return on equity, sales growth, and earnings-per-share growth over both the previous twelve months and five years.

“We are honored to be recognized by Forbes,” said Bob Bowen, CEO of Group 1 Software. “This achievement is a testament to the professionalism and dedication of all Group 1 Associates and the tremendous operational benefits provided by our software solutions.”

The 200 Best Small Companies in America list was published in the October 27, 2003 issue of Forbes and is available at http://www.forbes.com.

Group 1 Software (Nasdaq: GSOF ) is a leading provider of solutions that help over 3,000 organizations worldwide maximize the value of their customer and other data. Group 1 provides industry-leading technologies that allow businesses to cleanse and enrich their corporate data, generate personalized customer communications and integrate and deliver data across the enterprise. These technologies are essential components of enterprise applications including customer relationship management (CRM), enterprise resource planning (ERP) and business intelligence systems. Founded in 1982 and headquartered in Lanham, Maryland, Group 1 offers solutions utilized by leaders in the financial services, banking, GIS/mapping, retail, telecommunications, utilities, insurance and other industries. The company's customer base includes such recognized names as Entergy, GEICO, L.L. Bean, MapQuest, QVC, Siemens, Wal-Mart and Wells Fargo. For more information about Group 1, visit the company's Web site at http://www.g1.com.

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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 is a registered trademark of Group 1 Software, Inc. All other brand names, trademarks and registered trademarks are the property of their respective owners.