JOHN H. HARLAND PURCHASES MARKETING PROFILES, INC.
ATLANTA, Jan. 10 /PRNewswire/ -- John H. Harland Company (NYSE: JH) announced it has acquired Marketing Profiles, Inc. (MPI) for an undisclosed amount of cash. MPI, a database marketing and consulting company based in Maitland, Fla., provides software products and related marketing services to the financial industry. MPI's revenues were approximately $13 million in 1993. "The acquisition of MPI expands Harland's products and services to further penetrate the retail banking market," said Robert R. Woodson, Harland chairman, president and chief executive officer. "The company has an excellent reputation within the financial institution market place and will offer an important addition to Harland's existing product line." MPI will benefit from Harland's established relationships with financial institutions. "Our software products and consulting services will be enhanced and distribution channels strengthened as a result of Harland's support," said John Dean, MPI's president. Atlanta-based Harland is one of the nation's largest check printers and serves the financial community with a variety of related products and services. In addition, Harland is a national participant in the data service industry, serving educational and commercial markets. The company has production facilities for its business units across the United States and in Puerto Rico. -0- 1/10/94 /CONTACT: Robert R. Woodson, chairman, president and chief executive officer, or Michael S. Rupe, senior vice president, of John H. Harland Company, 800-723-3690/ (JH)
CO: John H. Harland Company; Marketing Profiles, Inc. ST: Georgia IN: SU: TNM
BR-BN -- AT004 -- 0473 01/10/94 10:06 EST
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|Date:||Jan 10, 1994|
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