Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF AUGUST 9,1996 PSA#1655

US POSTAL SERVICE, 475 L'Enfant Plaza, Services Purchasing, Room 4541, Washington DC 20260-6236

B -- SOURCES SOUGHT FOR DEVELOPMENT AND MANAGEMENT OF REMITTANCE PROCESSING BUSINESS. DUE 090996 POC Meridith Entingh or Sally Bryan-Prell, Purchasing Specialists, 202-268-4107 or Sherry Coats, Contracting Officer, 202-268-5787. As part of a strategy to improve the quality of mail based payment services, the United States Postal Service (USPS) intends to offer retail remittance processing services to businesses that receive recurring payments from consumers. To support this effort, the USPS intends to enter into a contract on a competitive basis to implement and manage a remittance processing service. Two criteria are necessary for the contractor who will be engaged in this activity. First, the contractor must be willing to devote its remittance processing expertise primarily to the task of processing remittances for the Postal Service. The contractor must not operate or work for a major remittance processing business which would be in competition with this effort. Second, the contractor must have previously developed and operated a third-party remittance processing business and established a track record of successful performance over an extended period of time. All submittals should include evidence of the following: expertise in the technical aspects of remittance processing, including imaging and intelligent character reading; expertise in marketing and business development in this industry, including developing successful responses to RFPs and managing relationships with major remittance processing customers; experience integrating operations across a number of new and existing processing facilities, including managing systems integration and developing and implementing strategies to retain key personnel. There will be no assurance that the Postal Service will actually contract for such services. However, if the USPS does issue a solicitation, all respondents to this synopsis will receive a copy. SUBMITTALS MUST BE RECEIVED IN WRITING BY SEPTEMBER 9, 1996. Send submittals to: US Postal Service, Services Purchasing, Room 4541, 475 L'Enfant Plaza West, SW, Washington, DC 20260-6236. Inquiries about this synopsis should be directed to Meridith Entingh or Sally Bryan-Prell on 202-268-4107 or Sherry Coats on 202-268-5787. (0220)

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