Pitney Bowes Group 1 Software


Press Release

Date:
Monday, June 04, 2001
Contact:
David Peikin
Phone:
(301) 918-0818
Email:
G1@schwartz-pr.com

BusinessWeek Names Group 1 Software to Hot Growth 100


Lanham, MD — Group 1 Software (Nasdaq: GSOF) today announced that it was named one of BusinessWeek's 100 Hot Growth companies, based on its three-year sales growth, earnings growth, and return on capital. Group 1 is #89 on this year's list, for which public companies with sales of $50 million to $1.5 billion were eligible.

"We are most pleased to have been named to BusinessWeek's Hot Growth 100 list," said Bob Bowen, CEO of Group 1 Software. "We owe this prestigious recognition to our Associates' skills and hard work and to the tremendous operational benefits afforded by our products. Furthermore, we believe that our financial strength and performance gives our customers the assurance that Group 1 will continue to support their existing applications and offer new and innovative solutions."

Group 1 Software is a leading provider of software for data quality, marketing automation, customer relationship communications, 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, continental Europe, and Latin America. The company is also represented in Asia and Australia.

###

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.