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Imagitas, a New England company, signs 10-year contract with USPS

Thursday, January 20, 2011

Press release from the issuing company

Waltham, Mass. - Imagitas Inc. and the United States Postal Service (USPS) have completed a 10-year renewal of their successful MoverSource Alliance, a partnership built around a set of products that helps approximately 44 million U.S. residents with the change of address process each year.

Pat Donahoe, Postmaster General of the USPS, commented on the contract saying, “We are very pleased with the success of MoverSource and expect it to continue to provide excellent service value to our moving customers for many years to come.”

The MoverSource program includes The Mover’s Guide, MoversGuide Online, and The Welcome Kit. The Mover’s Guide program combines the official USPS Change of Address form with information kits that provide helpful savings for moving-related products and services. MoversGuide Online helps people process a Change of Address and access moving information and coupons online at usps.com. The Welcome Kit, mailed to the mover’s new home, contains an official confirmation of mail forwarding along with local information such as how to register to vote, the names of local officials, as well as national and local savings offers.

“The recently signed MoverSource contract between USPS and Imagitas is a perfect example of the type of public-private partnership that creates jobs and raises revenue while requiring little, if any, government investment,” said Congressman Stephen Lynch, former Chairman of Congressional Subcommittee on Federal Workforce, Postal Service, and the District of Columbia during the 111th Congress. “I commend both parties on their commitment to saving costs and providing superior customer service by maintaining the MoverSource program.”

“We are pleased with the opportunity this agreement gives us to create jobs and grow our business in Massachusetts,” said Ted Stimpson, CEO of Imagitas. “This new beginning for our company will stimulate exciting new innovations and opportunities. Moving is never easy, but the MoverSource products ease the burden by providing cost savings when you need it most.”

Prior to the MoverSource Alliance, the USPS spent millions of dollars executing the Change of Address program. Under the MoverSource agreement direct costs of providing the Change of Address program are absorbed by the Alliance and revenues from advertising are shared between the USPS and Imagitas. Since inception of the MoverSource Alliance, the USPS has received more than $300 million in revenue.

Imagitas is hosting a celebratory event on January 19th at the State Room in downtown Boston at 6 pm. The media is welcome to attend the remarks portion of the program at approximately 6:15 pm.


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