Pitney Bowes Group 1 Software


Press Release

Date:
Wednesday, February 25, 2004
Contact:
David Peikin
Phone:
(301) 918-0818
Email:
G1@schwartz-pr.com

Group 1 Software Introduces MOVEfast Software Solution, Supporting United States Postal Service (USPS) National Change of Address (NCOA) Program


MOVEfast Enables Organizations to Maintain Important Customer Relationships, Qualify for Postal Discounts and Dramatically Reduce Costs From Wasted Mailings

Lanham, MD — Group 1 Software (Nasdaq: GSOF) today announced the release of MOVEfast, a complete software solution that enables organizations to utilize the most up-to-date address information. With this new technology, users can access the address changes of the over 45 million households and businesses that move domestically each year. MOVEfast verifies a given address and checks to see if it is in the NCOA database.

Group 1 Software has been certified by the USPS as an NCOALink Interface Developer and NCOALink Interface Distributor, enabling Group 1 to market MOVEfast to both end-user organizations and service providers. Additionally, the MOVEfast software can support any of the three USPS license types - Full Service Providers, Limited Service Providers and End User Mailers. Group 1 has supported both end-users and service providers through its direct marketing software since the inception of the USPS change-of-address programs.

MOVEfast supports the USPS National Change of Address (NCOA) program using NCOALink technology. MOVEfast incorporates Group 1's industry-leading CODE-1 Plus, a Coding Accuracy Support System (CASS)-certified software solution that provides address validation, correction and standardization. By standardizing address information before accessing the NCOALink database, organizations can accurately identify matches against the database.

“For over two decades, we have supported the direct marketing and mailing efficiency needs of the nation's leading direct marketers and mailers - regardless of platform or operating system,” said Bob Bowen, CEO of Group 1 Software. “The release of MOVEfast will help these organizations maximize their effectiveness by providing them with the most up-to-date address change intelligence for customers and prospects.”

MOVEfast can be implemented in highly scalable production environments and generates a variety of business and postal reports. The technology handles address data in virtually any format, thereby reducing processing time. Additionally, MOVEfast incorporates features that facilitate postal auditing and compliance. MOVEfast is currently available on Windows and IBM Mainframe platforms including, MVS, OS/390 and Z/OS. It is anticipated that MOVEfast will be available on the Unix and iSeries (AS/400) platforms within sixty days.

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

Group 1 Software, Inc. is a non-exclusive Interface Developer and Interface Distributor of the United States Postal Service. Pricing for MOVEfast is not established, controlled or approved by the United States Postal Service. All fees established for MOVEfast are payable to Group 1 Software. NCOALink is trademark owned by the United States Postal Service.