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Standard Register Launches Conversion Management Program for Financial Institutions

Press release from the issuing company

DAYTON, Ohio--Dec. 16, 2003-- Standard Register today announced the launch of its Conversion Management program to help financial institutions cost effectively and efficiently open new branches, integrate acquired operations and launch new brand and process standards enterprise wide. Banks, credit unions and other financial institutions routinely go through a process called "conversion" whenever they acquire or open new branches. At the time of conversion, they must quickly coordinate changes in everything from signage, fixtures and furniture to forms, supplies and marketing materials. "Each year, hundreds of financial institutions undergo conversions. And that rapid pace is expected to continue for the foreseeable future, particularly with merger and acquisition activity and the emphasis on branding and customer loyalty. Our turnkey Conversion Management program helps eliminate the headaches, hassles and hiring that firms typically experience when they're converting operations from one brand or process to others," said Jeff Strasser, vice president of strategic marketing for Standard Register Document & Label Solutions. "Standard Register provides the expertise and the manpower to plan and implement conversions efficiently and cost-effectively, enabling our customers to focus resources on more strategic activities, such as providing superior service to their clients." Through the program, Standard Register project managers with banking operations backgrounds develop project plans and implementation schedules, prepare task lists, identify process-improvement opportunities, complete workflow mapping and provide staff training as necessary. Standard Register will tailor a solution to the specific schedule, data collection and output management needs of the financial institution. It will manage items from multiple suppliers, including bar-coding and other automatic identification applications, call center services, business process integration and technical support. Standard Register's national production and distribution centers help ensure a smooth and cost-effective transition of forms, supplies, stationery, secure storage, marketing materials, packaging, operating manuals and other documents. "We help automate manual processes, eliminate redundancies, improve accuracy, and streamline and accelerate implementation," Strasser said. "Conversion Management is just one more way that Standard Register helps improve the way business gets done."