NCO Group and CR Software Announce Strategic Alliance

Apr 26, 2001, 01:00 ET from NCO Group, Inc.

    FORT WASHINGTON, Pa., and FAIRFAX, Va., April 26 /PRNewswire/ -- NCO
 Group, Inc. ("NCO") (Nasdaq:   NCOG), the world's largest provider of accounts
 receivable management and collection services, and CR Software, Inc. ("CRS"),
 a leading provider of application software and hardware for the accounts
 receivable outsourcing industry, announced today that they will form a
 strategic alliance to develop the next generation of technology for the
 accounts receivable outsourcing industry.  The new products will incorporate
 the functionality of the existing CRS product line and will include newer
 technologies that focus on client connectivity and data warehousing. The
 resulting products will initially be deployed across NCO and many of the new
 products will ultimately be marketed to the industry.
     Martin Germanis, President of CRS, stated, "Our partnership with NCO
 started in 1986 when we met the needs of their four employees.  We are
 extremely pleased that 15 years later our business relationship has grown
 to the point that we will be working with NCO to meet the needs of their
 9,500 employees."
     Michael J. Barrist, Chairman and CEO of NCO stated "NCO has utilized
 the CRS suite of products since 1986. We have developed a true business
 partnership with their staff as they have helped us to meet the needs of our
 company through the integration of our numerous acquisitions.  Today we
 utilize their products in the majority of our business.  It is only logical
 that we continue to work with CRS on the process of developing and deploying
 a singular enterprise application."
 
     Certain statements in this press release, including, without limitation,
 statements as to the Companies' or their respective management's beliefs,
 expectations or opinions, and all other statements in this press release,
 other than historical facts, are forward-looking statements, as such term is
 defined in the Securities Exchange Act of 1934, which are intended to be
 covered by the safe harbors created thereby. Forward-looking statements are
 subject to risks and uncertainties, are subject to change at any time and may
 be affected by various factors that may cause actual results to differ
 materially from the expected or planned results. In addition to the factors
 discussed above, certain other factors, including without limitation, risks
 relating to growth and future acquisitions, risks related to fluctuations in
 quarterly operating results, risks related to the timing of contracts, risks
 related to strategic acquisitions and international operations, and other
 risks detailed from time to time in NCO's filings with the Securities and
 Exchange Commission, including the Annual Report on Form 10-K, filed on March
 16, 2001 can cause actual results and developments to be materially different
 from those expressed or implied by such forward-looking statements.
 
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SOURCE NCO Group, Inc.
    FORT WASHINGTON, Pa., and FAIRFAX, Va., April 26 /PRNewswire/ -- NCO
 Group, Inc. ("NCO") (Nasdaq:   NCOG), the world's largest provider of accounts
 receivable management and collection services, and CR Software, Inc. ("CRS"),
 a leading provider of application software and hardware for the accounts
 receivable outsourcing industry, announced today that they will form a
 strategic alliance to develop the next generation of technology for the
 accounts receivable outsourcing industry.  The new products will incorporate
 the functionality of the existing CRS product line and will include newer
 technologies that focus on client connectivity and data warehousing. The
 resulting products will initially be deployed across NCO and many of the new
 products will ultimately be marketed to the industry.
     Martin Germanis, President of CRS, stated, "Our partnership with NCO
 started in 1986 when we met the needs of their four employees.  We are
 extremely pleased that 15 years later our business relationship has grown
 to the point that we will be working with NCO to meet the needs of their
 9,500 employees."
     Michael J. Barrist, Chairman and CEO of NCO stated "NCO has utilized
 the CRS suite of products since 1986. We have developed a true business
 partnership with their staff as they have helped us to meet the needs of our
 company through the integration of our numerous acquisitions.  Today we
 utilize their products in the majority of our business.  It is only logical
 that we continue to work with CRS on the process of developing and deploying
 a singular enterprise application."
 
     Certain statements in this press release, including, without limitation,
 statements as to the Companies' or their respective management's beliefs,
 expectations or opinions, and all other statements in this press release,
 other than historical facts, are forward-looking statements, as such term is
 defined in the Securities Exchange Act of 1934, which are intended to be
 covered by the safe harbors created thereby. Forward-looking statements are
 subject to risks and uncertainties, are subject to change at any time and may
 be affected by various factors that may cause actual results to differ
 materially from the expected or planned results. In addition to the factors
 discussed above, certain other factors, including without limitation, risks
 relating to growth and future acquisitions, risks related to fluctuations in
 quarterly operating results, risks related to the timing of contracts, risks
 related to strategic acquisitions and international operations, and other
 risks detailed from time to time in NCO's filings with the Securities and
 Exchange Commission, including the Annual Report on Form 10-K, filed on March
 16, 2001 can cause actual results and developments to be materially different
 from those expressed or implied by such forward-looking statements.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X33111330
 
 SOURCE  NCO Group, Inc.