Address Cleansing Challenge for Open Solutions TCBS/TCCUS Customers

Redmond, WA, January 28, 2010 --(PR.com)-- AscendoSoft Inc., a data quality software and services company with extensive Credit Union and Banking experience, today announced an innovative offer for customers of Open Solutions’ TCBS/TCCUS Credit Union and Banking solutions. Institutions can send AscendoSoft up to 2000 mailing addresses and with no obligation AscendoSoft will verify, standardize, enhance, and return the list, then generate a detailed, custom ROI analysis.

“This unique offer for Open Solutions customers is designed to provide value without any obligation.” said James Holck, Chief Sales Officer of AscendoSoft Inc. “We are very confident that we can show the impact on their institution. Regardless of their size, institutions without an automated solution typically have over 15% undeliverable addresses. With as few as 5% undeliverable addresses, small and large institutions can easily justify our low-cost, subscription-based automated address cleansing solution.”

See http://www.ascendosoft.com/index_files/Page378.htm for more details about the challenge.

The following unintended results occur when institution mailings are undeliverable:

- Unhappy (and eventually lost) customers/members from undelivered monthly statements
- Lost revenue opportunities because offers are not delivered to customers/members
- Increased customer service costs due to missing credit or debit cards and replacement processing
- Bank/credit union personnel wasting valuable time reprocessing returned mail and manually correcting addresses

By taking advantage of this offer, banks and credit unions can determine how severe the undeliverable address problem is within their institution. They can then leverage the software and services offered by AscendoSoft to improve the quality of their data, reduce the frustration level of customers, improve profitability and operating margins, and improve overall customer service within the institution.

About AscendoSoft Inc. - AscendoSoft was founded in 2009 by an experienced group of software solutions experts and delivers products and services to customers within various vertical markets, such as financials, healthcare, retail, etc. AscendoSoft provides business value to customers by integrating products with key applications, understanding specific industry issues, providing first-class services and training, and becoming a trusted advisor to its expanding customer base. AscendoSoft has partnered with a small number of software companies that provide best of breed products, such as: Data Quality - Address Verification and Cleansing, Document Management – Electronic Document Handling, Backup/Disaster Recovery - Physical/Virtual Image Backup/Restore. AscendoSoft Inc. is located in Redmond, WA. See www.ascendosoft.com for more information.

For more information, contact AscendoSoft at +1-425-749-3850 or info@ascendosoft.com.

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AscendoSoft Inc.
Brian Miller
425-749-3850
www.ascendosoft.com
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