AscendoSoft Announces First Credit Union Customer in Canada

Redmond, WA, July 13, 2010 --( AscendoSoft Inc., an address quality software and services company, today announced the acquisition of its first customer in Canada. The customer is a large credit union in British Columbia, Canada.

“This is a significant accomplishment for us in our initial year of business. We’ve had strong growth in the Credit Union and Banking industry and the Canadian market provides us with additional growth potential,” said Brian Miller, COO of AscendoSoft Inc. “We believe this customer will reap the benefits of Address Cleansing and help them to streamline their mailing process. They will improve their operating margins by halting mail to existing customers and more accurately entering addresses in real-time.”

James Holck, AscendoSoft CSO, adds “Our vision is to be the market leader in Address Quality for Credit Unions and Banks and this initial sale into Canada allows us to continue our expansion efforts. There is great synergy between our solution and the Open Solutions Core Application. Our new customer is undertaking a significant project and sees our solution as a key component to help ensure deliverability and to help with limiting fraud.”

AscendoSoft’s Address Cleansing Solution delivers maximum value for Credit Unions and Banks that utilize Open Solutions Software. Returned undeliverable mail is expensive and requires manual effort to re-process and AscendoSoft can minimize this cost by automating the verification and cleansing. The solution also prevents undeliverable mail from being sent. AscendoSoft verifies addresses in real-time before they are entered into the database and cleanses them in batch as part of regularly scheduled maintenance.

About AscendoSoft Inc. - AscendoSoft was founded by an experienced group of software solutions experts and delivers products and services to customers within various vertical markets, such as financials, healthcare, retail, etc. AscendoSoft provides business value to customers by integrating products with key applications, understanding specific industry issues, providing first-class services and training, and becoming a trusted advisor to its expanding customer base. AscendoSoft has partnered with a small number of software companies that provide best of breed products, such as: Address Verification and Cleansing (Data Quality), Secure PKI Digital Signature (Electronic Signature), and Reporting/Analytics. AscendoSoft Inc. is located in Redmond, WA. See for more information.

For more information, contact AscendoSoft at 1-425-749-3850 or

AscendoSoft Inc.
Brian Miller