DANBURY, Conn. and LANHAM, Md., June 17, 2002 -- Pitney Bowes Inc. (NYSE: PBI) and Group 1 Software (NASDAQ: GSOF) today announced that Olympic Data Services, Inc. has purchased the DOC1 software solution. With this document composition software, Olympic data will create more effective and efficient personalized statements, bills and invoices for their financial services and telecommunications customers. Olympic Data produces and mails approximately 2 million documents per month.

Created by Group 1 and co-marketed by Pitney Bowes docSense, DOC1 gives businesses control of their documents from content design, generation and presentment to archive, retrieval and payment. This marks the first sale of DOC1 by Pitney Bowes docSense since Pitney Bowes and Group 1 announced a global strategic alliance in March 2002.

Olympic Data is a print and mail house that specializes in data processing, graphic design, digital laser printing, and mailing services for credit unions, banks, telecommunications, hospitals, and medical clinics. The principals of the Seattle, Washington-based service bureau needed a flexible document generation software solution in order to meet the increased demand for highly customized documents.

"We obtained Group 1's DOC1 software from Pitney Bowes docSense to develop high quality documents that have the customized look and feel desired by our customers," said James Choi, President and CEO of Olympic Data Services. ""We trusted the Pitney Bowes docSense brand to provide us with a cost-effective way to handle large volumes of documents. Our research indicates that the DOC1 solution will create highly personalized customer communications in less than half the time it took with our previous document composition software."

"Companies like Olympic Data see value in using a composition tool like DOC1 that can help determine the strategy of a document while providing a completely integrated print-to-post document workflow environment," said Karl Schumacher, president of Pitney Bowes docSense. "It is a clear validation of our choice to enter a strategic alliance with Group 1, a relationship that I believe will prove to be enormously beneficial to our customers and our organization as time goes on."

"By using DOC1, Olympic Data will be able to generate personalized, high impact communications with customers and prospects, the sought-after end result of all CRM initiatives," said Bob Bowen, CEO of Group 1 Software. "We look forward to working closely with Pitney Bowes docSense to meet the document generation and delivery needs of today's leading global businesses."

Olympic Data Services, Inc. is a full-service printing and mailing house providing a multitude of services for our clients including data processing, graphic design, digital laser printing, and mailing services.

Group 1 Software (Nasdaq: GSOF) is a leading provider of customer relationship management (CRM)-enabling software solutions for data quality, marketing automation, customer communications management and direct marketing applications. Group 1's software systems and services enable over 2,000 customers worldwide to market smarter by helping them find, reach and keep customers. Founded in 1982 and headquartered in Lanham, Maryland, Group 1's solutions are utilized by leaders in the financial services, banking, retail, telecommunications, utilities, e-commerce, and insurance industries. The company's customer base includes such recognized names as Acxiom, AT&T, Charles Schwab, Entergy, GEICO, L.L. Bean, Wal-Mart and Wells Fargo. For more information about Group 1, visit the company's Web site at http://www.g1.com.

Pitney Bowes Inc. is a $4.1 billion global provider of leading edge integrated mail and document management solutions headquartered in Stamford, Connecticut. Pitney Bowes docSense is the company's global provider of premier solutions for the creation and distribution of efficient and effective documents in paper and digital form. More information about the integrated document strategy promoted by Pitney Bowes docSense can be obtained at http://www.pbdmt.com.

Media Contact:
David Peikin
Corporate Communications Manager
Group 1 Software (Nasdaq: GSOF)
301-918-081
pr@g1.com

Scott Gerschwer
Manager, Media Relations
203-739-3163
Scott.Gerschwer@pb.com

* This press release may contain statements relating to Pitney Bowes/Group 1's 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 Pitney Bowes/Group 1's products and services and other risks identified in the company's SEC filings. Pitney Bowes/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. Pitney Bowes and Group 1 undertake 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 DOC1 are registered trademarks of Group 1 Software, Inc. All other brand names, trademarks and registered trademarks are the property of their respective owners.

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