| Immediate News Release 10/29/2009 |
|
| PSC
Info Group Acquires Data Processing,
Printing and Mailing Unit of
North Shore Agency, Inc. |
VALLEY
FORGE,
Pa.
– October 29, 2009
– PSC Info Group, a leader in data management,
document and mailing technology and online
solutions, has acquired the data processing,
printing and mailing unit of North Shore Agency,
Inc. (NSA) of
Long Island
,
N.Y.
North
Shore Agency’s ultimate parent company, NCO
Group, Inc. (NCO), will retain NSA’s debt
collection unit.
As
part of the transaction, PSC has executed an
exclusive, long-term document outsourcing and
letter processing agreement with NCO.
According
to Joseph J. Greco, PSC Info Group’s CEO,
“The addition of the North Shore Agency
business will enhance PSC Info Group’s service
offering to our valued customers, and will
increase our market share in cable,
telecommunications, media, publishing,
healthcare and financial services markets. Most
importantly, the acquisition will enable us to
leverage the scale and synergies of our
businesses and spread our capital and technology
investments over a broader base, while providing
the most cost effective value added solutions
available”.
Michael
J. Barrist, Chairman and Chief Executive Officer
of NCO, stated, “This transaction allows
NCO to focus on our core BPO competencies of
accounts receivable management and customer
relationship management. We have enjoyed a
long–term relationship with PSC and are
pleased that we are able to complete this
transaction with this valued partner.”
About
PSC Info Group
Headquartered
in
Valley Forge
,
Pa.
, with additional processing facilities in
Reno
,
Nev.
, PSC Info Group (www.pscinfogroup.com)
is a leader in data management, printing and
mailing technology and online solutions that
facilitate billing, collection and other
time-sensitive communications. With more than 25
years of experience, PSC Info Group delivers
effective, customized solutions for accounts
receivable management, healthcare, cable,
telecommunications, publishing, media, financial
services, insurance and government sectors. PSC
Info Group helps clients effectively manage
their document and information needs by
combining unsurpassed industry experience with
the latest technology.
About
NCO Group, Inc.
NCO
Group, Inc. is a leading global provider of
business process outsourcing services, primarily
focused on accounts receivable management and
customer relationship management. NCO provides
services through over 100 offices throughout
North America, Asia, Europe and
Australia
.
#
# #
Mark
Snow, PSC Info Group
610-650-3955; msnow@pscinfogroup.com
David Culver
, Boyd Tamney Cross 610-254-7426; dculver@btcmarketing.com
|