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Standard Register Selects Spectrum Networks For Telecom Billing Management CINCINNATI, Nov. 10 /PRNewswire/ -- Seeking to proactively improve the management of bills and invoices from its various telecommunications vendors and achieve true cost savings, Standard Register has chosen Spectrum Networks, Inc., to provide its enterprise-wide telecom expense management and auditing services. Standard Register (NYSE:SR), headquartered in Dayton, Ohio, is a leading provider of information solutions for health care, financial services, insurance, pharmaceutical, manufacturing, and other industries. The company has more than 200 locations and reported revenues of approximately $1 billion last year. During the length of the agreement, Spectrum's TruePay(SM) service will process thousands of invoices from Standard Register's service providers. Spectrum will be responsible for bill processing, bill payment, and cost management of Standard Register's local, long distance, data, Internet, and wireless telecommunications services. Spectrum also will analyze Standard Register's local telephone contracts for cost savings and consolidation. Spectrum's TruePay billing management service consolidates clients' invoices on a single, secure Web site, facilitates cost analyses, and enables proactive billing management. It enables clients to quickly recover costs from issues such as incorrect tariff pricing, discounts, contracted rates, paying for canceled services, and invalid or duplicate invoices. "We searched for a bill payment and expense management solution that was flexible and accessible for reporting, financial management and cost control. Spectrum provided the best solution at the best cost," said Kevin Werst, head of Telecommunications at Standard Register. "We need partners who perform and I am optimistic Spectrum will provide the return we expect in 2004. With the cost savings, we plan to invest in our communication strategy." "Telecom expense management has always been a huge headache for companies with multiple locations and providers," said Trent McCracken, executive vice president and CIO of Spectrum Networks. "In addition to simplifying multi- site, multi-vendor management, TruePay drives superior results and delivers real savings by proactively identifying and recovering costs from each provider. It pays to be prompt, because requesting a $5,000 credit for an incorrect bill in the first month it occurs is far more effective than waiting twelve months to notify a provider of a $60,000 credit." About Spectrum Networks One of the country's foremost telecommunications management companies, Spectrum Networks, Inc., provides a single source of unique value-added services to organizations that seek to eliminate unwarranted complexity and cost from telecom administration. Based in Cincinnati, Spectrum oversees all facets of companies' multiple carrier relationships, from network design through vendor selection, implementation, management, and optimization. In addition to TruePay, Spectrum's offerings include expert carrier-independent consulting, and proven customer support. For further information, please visit http://www.sniusa.com/. About Standard Register Standard Register's offerings include document management; label solutions; consulting and fulfillment services; and e-business solutions. Leveraging its deep industry expertise, Six Sigma methodologies and advanced technology, Standard Register helps businesses increase efficiency, reduce costs, enhance security and increase revenue. Founded in 1912, the company today has annual revenues of approximately $1 billion. More information is available at http://www.standardregister.com/ DATASOURCE: Spectrum Networks, Inc. CONTACT: Kim Buchanan of Spectrum Networks Inc., +1-513-792-4050 Web site: http://www.sniusa.com/ http://www.standardregister.com/

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