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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 Lanham, MD — 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. 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. —More—
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