CSG Picks Up DataProse

CSG Systems signs definitive agreement to acquire DataProse, Inc.

April 17, 2008

2 Min Read

ENGLEWOOD, Colo. -- CSG Systems International, Inc. (NASDAQ: CSGS - News), a leading provider of outsourced solutions that facilitate customer interaction management, today announced that it has reached an agreement to acquire DataProse, Inc., a privately-held provider of statement presentment and direct mail services headquartered in Oxnard, California.

The acquisition of DataProse furthers CSG’s objective of helping its clients maximize every customer interaction by both strengthening and broadening CSG’s portfolio of output solutions capabilities. DataProse enhances CSG’s suite of advanced, turnkey solutions for personalized statement presentment in both paper and electronic formats, and adds extensive expertise in direct mail marketing services, including database management and market segmentation. Furthermore, with this acquisition, CSG continues to diversify its customer base into the utilities, financial services and telecommunications markets, and adds customers in the non-profit sectors of healthcare and higher education.

DataProse assists over 500 clients across the United States to market through improved billing statement presentation and personalized direct mail. The majority of its revenues come from its Billing Solutions division that produces monthly statements and provides bill issuers with outsourced solutions to more effectively communicate with customers, lower billing costs, accelerate payment cycles and reduce costly billing errors. DataProse also provides direct mail marketing services to support fundraising efforts of large non-profit organizations. Co-founded in 1990 by Xerox veteran Glenn Carter and Kinko's founder Paul Orfalea, DataProse has over 130 employees and operates production facilities in Oxnard, California and Dallas, Texas. DataProse currently produces more than 5 million statements each month, which compares to CSG’s current statement production of approximately 60 million statements per month.

“Through this acquisition, CSG strengthens its industry-leading statement presentment platform while furthering its reach into new vertical markets,” said Pam Sellenrick, senior vice president and general manager of CSG Statement Processing Centers. “Additionally, this acquisition rounds out CSG’s national statement presentment footprint, a key competitive differentiator.”

CSG Systems International Inc. (Nasdaq: CSGS)

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