Group 1 Software Acquires Digital Billing Provider TriSense

Group 1 to Offer Industry's First and Only Single-Source Solution Providing

Fully Integrated Digital and Paper Billing Composition and Delivery



Apr 30, 2001, 01:00 ET from Group 1 Software

    LANHAM, Md., April 30 /PRNewswire/ -- Group 1 Software (Nasdaq:   GSOF)
 announced today that it has acquired the assets of TriSense Software Ltd., a
 Minneapolis-based provider of digital billing and payment software.  With the
 acquisition, Group 1's DOC1 product suite will provide the industry's only
 fully integrated system for digital and paper composition -- and multi-channel
 delivery -- of personalized customer relationship communications.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010116/DCTU002LOGO-b )
     DOC1 composes tens of millions of personalized bills, statements and
 letters each month for over 450 major organizations worldwide, including such
 notable firms as ADP, American Express, British Gas, and Charles Schwab.  The
 acquisition will permit the combination of DOC1 and TriSense's three-in-one
 digital delivery and payment processing technology into a single, seamless
 solution that will compose personalized documents for delivery via a
 customer's preferred channel.  TriSense's patented technology offers highly
 secure bill delivery three ways: to a corporate or hosted Web site, to leading
 third-party consumer service portals such as Excite and America Online, and to
 a consumer's desktop via e-mail.  These important new features will enable
 DOC1 users to collect and process online payments while avoiding the resource
 utilization and costs associated with developing and maintaining a standalone
 digital delivery and payment application.
     "With the TriSense acquisition, we are leveraging Group 1's financial
 strength to acquire technology and talent that complement our DOC1 products
 and core competencies," said Bob Bowen, CEO of Group 1 Software.  "We will
 continue to explore opportunities to grow through acquisitions that augment
 and strengthen our core solutions.  While this acquisition is expected to be
 dilutive in the near term, we have significantly expanded our digital delivery
 and payment capabilities at a very reasonable price.  Now Group 1 is very well
 positioned to take advantage of what the Gartner Group projects to be a
 massive and rapidly growing market.  Some 15 million households are expected
 to pay their bills online next year, rising to 33 million in 2004 and 70
 million in 2009."
     "The TriSense acquisition enables us to provide the total solution for
 composition and delivery of paper and digital customer communications," said
 Alan Slater, general manager of the DOC1 Division.  "The TriSense team's
 expertise in the development, sales and marketing, installation and support of
 digital delivery and payment systems is an excellent complement to DOC1's
 strengths.  Businesses now have unprecedented flexibility to provide their
 customers with a clear choice in how they wish to receive and pay their
 statements and bills."
     "Electronic billing presentment and payment (EBPP) makes little sense as a
 function disconnected from other forms of customer communication," said David
 Yockelson, SVP and Director at META Group.  "Combining the ability to create
 personalized correspondence such as statements, invoices, and letters with a
 robust electronic delivery mechanism will provide a more holistic solution and
 potentially reduced total cost of ownership for customers."
     Group 1 anticipates releasing a fully integrated DOC1-TriSense solution by
 this summer.  In addition to its turnkey solution, TriSense also offers its
 three-in-one bill delivery technology via Digitalbilling.net, a hosted ASP
 service.  The acquisition of assets by Group 1 will involve a total price of
 $8.1 million, payable $1.5 million up front with two subsequent annual
 payments of $3.3 million each.  The impact of the acquisition is estimated to
 be dilutive to operating income, in the range of $0.06 - $0.08 for the first
 12 months, excluding amortization of intangibles related to the purchase
 price.
 
     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. Forward-looking statements contain such words as "explore,"
 "expect," "estimate," "permit," "project," "enable," and "anticipate."  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 Group 1's SEC filings.  Group 1's 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.  Group 1
 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, TriSense and DOC1
 are registered trademarks and digitalbilling.net and PaySense are trademarks
 of Group 1 Software, Inc.  All other brand names, trademarks and registered
 trademarks are the property of their respective owners.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X25706626
 
 

SOURCE Group 1 Software
    LANHAM, Md., April 30 /PRNewswire/ -- Group 1 Software (Nasdaq:   GSOF)
 announced today that it has acquired the assets of TriSense Software Ltd., a
 Minneapolis-based provider of digital billing and payment software.  With the
 acquisition, Group 1's DOC1 product suite will provide the industry's only
 fully integrated system for digital and paper composition -- and multi-channel
 delivery -- of personalized customer relationship communications.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010116/DCTU002LOGO-b )
     DOC1 composes tens of millions of personalized bills, statements and
 letters each month for over 450 major organizations worldwide, including such
 notable firms as ADP, American Express, British Gas, and Charles Schwab.  The
 acquisition will permit the combination of DOC1 and TriSense's three-in-one
 digital delivery and payment processing technology into a single, seamless
 solution that will compose personalized documents for delivery via a
 customer's preferred channel.  TriSense's patented technology offers highly
 secure bill delivery three ways: to a corporate or hosted Web site, to leading
 third-party consumer service portals such as Excite and America Online, and to
 a consumer's desktop via e-mail.  These important new features will enable
 DOC1 users to collect and process online payments while avoiding the resource
 utilization and costs associated with developing and maintaining a standalone
 digital delivery and payment application.
     "With the TriSense acquisition, we are leveraging Group 1's financial
 strength to acquire technology and talent that complement our DOC1 products
 and core competencies," said Bob Bowen, CEO of Group 1 Software.  "We will
 continue to explore opportunities to grow through acquisitions that augment
 and strengthen our core solutions.  While this acquisition is expected to be
 dilutive in the near term, we have significantly expanded our digital delivery
 and payment capabilities at a very reasonable price.  Now Group 1 is very well
 positioned to take advantage of what the Gartner Group projects to be a
 massive and rapidly growing market.  Some 15 million households are expected
 to pay their bills online next year, rising to 33 million in 2004 and 70
 million in 2009."
     "The TriSense acquisition enables us to provide the total solution for
 composition and delivery of paper and digital customer communications," said
 Alan Slater, general manager of the DOC1 Division.  "The TriSense team's
 expertise in the development, sales and marketing, installation and support of
 digital delivery and payment systems is an excellent complement to DOC1's
 strengths.  Businesses now have unprecedented flexibility to provide their
 customers with a clear choice in how they wish to receive and pay their
 statements and bills."
     "Electronic billing presentment and payment (EBPP) makes little sense as a
 function disconnected from other forms of customer communication," said David
 Yockelson, SVP and Director at META Group.  "Combining the ability to create
 personalized correspondence such as statements, invoices, and letters with a
 robust electronic delivery mechanism will provide a more holistic solution and
 potentially reduced total cost of ownership for customers."
     Group 1 anticipates releasing a fully integrated DOC1-TriSense solution by
 this summer.  In addition to its turnkey solution, TriSense also offers its
 three-in-one bill delivery technology via Digitalbilling.net, a hosted ASP
 service.  The acquisition of assets by Group 1 will involve a total price of
 $8.1 million, payable $1.5 million up front with two subsequent annual
 payments of $3.3 million each.  The impact of the acquisition is estimated to
 be dilutive to operating income, in the range of $0.06 - $0.08 for the first
 12 months, excluding amortization of intangibles related to the purchase
 price.
 
     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. Forward-looking statements contain such words as "explore,"
 "expect," "estimate," "permit," "project," "enable," and "anticipate."  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 Group 1's SEC filings.  Group 1's 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.  Group 1
 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, TriSense and DOC1
 are registered trademarks and digitalbilling.net and PaySense are trademarks
 of Group 1 Software, Inc.  All other brand names, trademarks and registered
 trademarks are the property of their respective owners.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X25706626
 
 SOURCE  Group 1 Software