NPI, the leading provider of sorting solutions in the mailing industry and RAF Technology, Inc., the leading provider of OCR software to the mailing industry, announced today that NPI had acquired MidSouth Technologies from RAF Technology. The acquisition of MidSouth is a strategic expansion for NPI. The acquisition extends NPI's mail sorting capabilities, broadens NPI's product line and expands NPI's support capabilities. MidSouth is a pioneer in developing technology to extend the life of mail processing equipment with particular expertise in retrofitting and servicing PTI and J-Series transports in complex, high volume environments. The MidSouth "Up-And-Over" (patent pending) is just one of many innovations MidSouth offers its customers to improve asset utilization, reduce capital requirements and increase profitability.

"The acquisition of MidSouth Technologies is a further indication of NPI's commitment to the mailing industry", said Henry Daboub, CEO/President of NPI. "We have seen a rapid growth in the demand for our products throughout the world. The addition of MidSouth Technologies enhances our manufacturing capacity, expands our product line, and better enables us to serve our customers. MidSouth will function as a separate division of NPI and the MidSouth management team, including the founding members, will remain in place and maintain its offices in Drumright, Oklahoma. "This is a great opportunity for MidSouth customers," said Joe Carter, MidSouth's General Manager. "Joining with NPI will strengthen our foundation and enable us to realize our vision more quickly. NPI's reputation and market position will provide our customers with a significant long-term advantage," explained Carter.

"This transaction is a winning deal for all parties," said Dave Reeves, CEO of RAF Technology. "NPI has been a long time partner of RAF's and has a tremendous product and services to offer MidSouth's customers. This transaction combines two innovative manufacturing organizations, NPI and MidSouth - we look forward to working with both companies."

NPI has been designing and manufacturing state of the art sorters for the mailing industry since 1977. Over 1,000 NPI sorters have been installed in postal and commercial operations throughout the world. Headquartered in Dallas, TX; NPI offers a broad range of sorters for letters, flats and parcels.

For additional information, please visit www.npisorters.com or call 214-634-2288.

For additional information about Midsouth Technologies and its products, please visit www.midsouthtek.com or call 918.352.8300.

RAF Technology, Inc. is a worldwide leader in advanced pattern and image recognition, intelligent information extraction and data verification solutions for enterprises, government agencies and postal authorities. For additional information, please visit www.raf.com or call 800.723.8674.