Pitney Bowes' Group 1 Software Solutions Receive USPS(R) CASS(TM) Certifications
LANHAM, Md., May 07, 2007 - Group 1 Software, Inc., a Pitney Bowes Company (NYSE:PBI), today announced that the latest releases of its CODE-1 Plus® and Finalist® address cleansing software solutions have received U.S. Postal Service® CASS certification for the upcoming Cycle L requirements, scheduled for implementation on August 1, 2007.
These CASS Certified™ solutions are components of Group 1 Software’s Address Quality Hub™ platform, which is designed to help mailers address the impact of the upcoming postal rate increases, as well as CASS Cycle L requirements designed to reduce undeliverable-as-addressed (UAA) mail. Under these requirements, CASS Certified software will be required to perform DPV™ processing, which is expected to reduce the number of ZIP + 4® coded addresses that are eligible for postage discounts.
“It’s been estimated that mailers could experience a drop of two percent or more in coding rates under the new CASS requirements,” said Christopher Baker, president of Group 1 Software. “Combined with the upcoming rate increases, this could have a big impact on postage costs. We encourage mailers of all sizes to prepare for these changes now, before it is too late.”
The Address Quality Hub enables mailers to address this issue in two ways. First, the Address Quality Hub’s Coding Uplift Module employs advanced algorithms and programming logic to enable existing CODE-1 Plus and Finalist CASS solutions to cleanse and code up to 35 percent of address records that would have previously been rejected during CASS processing – resulting in higher postal discounts and a reduction in UAA mail.
Second, the Address Quality Hub’s Delivery Point Correction Module provides the industry’s first solution to correct the primary house number required for automation discounts by automatically matching name against street address, and correcting bad addresses. This patent-pending address correction and validation technology allows mailers to verify that U.S. street addresses actually exist and are truly confirmed delivery points for mailing, enabling mailers to reduce UAA mail and maximize postal savings, while meeting the new USPS CASS requirement
More information, including a real-time, interactive demonstration of the Address Quality Hub, can be found at: http://www.g1.com/Products/Mailing-Efficiency/Address-Quality-Hub/.
About Group 1 Software
Group 1 Software (www.g1.com) turns data into results, providing innovative software solutions that enable our clients to better understand and connect with their millions of customers, prospects, and partners. Group 1 Software helps over 3,000 organizations maximize the value of customer data to improve profitability, increase effectiveness, and strengthen customer relationships, through consolidating, cleansing and enriching corporate data, and generating personalized business documents for multi-channel delivery, customer care and efficient business processing. Our comprehensive Customer Communications Management (CCM) solutions span from database to delivery, adding value to every aspect of communication and allowing clients to integrate intelligence throughout their mailstream. As part of Pitney Bowes (NYSE:PBI), a $5.6 billion company, Group 1 Software’s solutions are utilized by leaders in the insurance, financial services/banking, GIS/mapping, government, mail services, retail, telecommunications, utility, and other industries, including Entergy, ING, L.L. Bean, MapQuest, Microsoft, Safeco Insurance, Wal-Mart and Wells Fargo.
Address Quality Hub, CODE-1 Plus, Group 1, Group 1 Software, and the Group 1 logo are trademarks or registered trademarks of Group 1 Software, Inc. Pitney Bowes, the Pitney Bowes Process Bar Design and Finalist are trademarks or registered trademarks of Pitney Bowes, Inc. The following trademarks are owned by the United States Postal Service®: United States Postal Service, U.S. Postal Service, USPS, CASS, CASS Certified, DPV, and ZIP + 4. AD#13.07. Group 1 is a non-exclusive DPV licensee of the United States Postal Service. All other brand names and trademarks are the property of their respective owners.