<PAGE> 1
EXHIBIT 99.1
[LASON LOGO]
Contact: Kathy Impastato
(248) 597-5800
LASON SELLS LITIGATION SUPPORT GROUP
TROY, Mich. -- (October 23, 2000) -- Lason, Inc. (Nasdaq: LSON)
announced today that it sold a portion of the assets of its litigation support
and copy center group to Pitney Bowes Management Services, Inc. ("Pitney").
Terms of the sale were not disclosed.
"The sale of our litigation support and copy center group is part of
our strategy to divest non-core assets that do not support our long-term growth
opportunities in digital information management," said John R. Messinger, chief
operating officer, president and acting chief executive officer. "Our management
team remains focused on building our core operations, simplifying our overall
corporate structure, and selling those business units that do not fit our
long-term growth strategy."
ABOUT THE COMPANY
Lason is a leading provider of integrated information management
services for image and data capture, data management and output processing.
Since its founding in 1985, Lason has grown to employ over 10,500 people with
operations in 29 U.S. states, United Kingdom, Canada, Mexico, India, Mauritius
and the Caribbean. The Company currently has over 85 multi-functional imaging
centers and operates over 100 facility management sites located on customers'
premises.
This press release, other than historical financial information,
contains forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. Those statements include statements regarding the
intent, belief or current expectations of the Company and its management.
Prospective investors are cautioned that any such forward looking statements are
not guarantees of future performance and involve a number of risks and
uncertainties, and that actual results could differ materially from those
indicated by such forward-looking statements. Among the important factors that
could cause actual results to differ materially from those indicated by such
forward looking statements are: (i) that the information is of a preliminary
nature and may be subject to further adjustment, (ii) variations in quarterly
results, (iii) the assimilation of acquisitions, (iv) the management of the
Company's growth and expansion, (v) dependence on major customers, dependence on
key personnel, (vi) development by competitors of new or superior products or
services, or entry into the market of new competitors, (vii) fluctuations in
paper prices, (viii) reliability of the Company's data, (ix) volatility of the
Company's stock price, (x) changes in the business services outsourcing
industry, (xi) significance of intangible assets, (xii) changes related to
compensatory stock options, (xiii) management's ability to successfully complete
its restructuring and repositioning initiatives, (xiv) any financial and legal
effect of the class action litigation, and (xv) other risks identified from time
to time in the Company's reports and registration statements filed with the
Securities and Exchange Commission.
###
