United States Postal Service Named Finalist For Smithsonian Award -Information

Information Builders, the leader in Web business intelligence, announced today that the United States Postal Service has been chosen as a finalist for the prestigious Computerworld Honors Program award. The Postal Service is being recognized for its innovative Anti-Money Laundering solution. This solution institutes reporting and analysis tools to track suspicious money orders and locate patterns that may indicate money-laundering activities. Nominated by Gerald D. Cohen, president and CEO of Information Builders, the United States Postal Service application employs Information Builders’ business intelligence solution and will become part of a collection that includes more than 440 of the year’s most innovative applications of technology, from 38 states and 21 countries. “Information Builders has had a long-standing relationship with the United States Postal Service and several other federal agencies,” said Cohen. “We’re proud to support such initiatives as the Anti-Money Laundering project, which further cements our commitment to providing technology that improves government operations.” The United States Postal Service’s Anti-Money Laundering system is a highly sophisticated and intelligent mechanism for tracking suspicious activities.
For example, the system has the ability to identify patterns within specific parameters. This allows officials to easily recognize the purchase of multiple money orders at the maximum legal amount, which could indicate fraudulent money laundering activity. Since the implementation of this application, the United States Postal Service and its branches have saved immeasurable amounts in fines and lost funds. Award recipients, including the Postal Service, were honored on Monday, April 9, by the Chairman’s Committee of the Computerworld Honors Program with a Medal Presentation ceremony at San Francisco’s Palace of the Legion of Honor.
Each year the Computerworld Honors Program, established by the leaders of the information technology industry, honors the achievements of those who have used technology for the benefit of mankind. The award is designed to enhance the Smithsonian Institution archives on innovation in information technology and to recognize each nominee’s achievement. Every nominee’s case study is chosen for its extension of technology benefits to society and is inducted into the Permanent Research Collection of the Smithsonian Institution’s National Museum of American History. About the Award “The primary source material submitted by these organizations will enrich the National Museum of American History’s growing collection on the history of information technology, and contribute significantly to the museum’s ongoing efforts to chronicle the Information Age,” said Spencer R. Crew, director of the National Museum of American History. The museum is part of the Smithsonian Institution, founded in 1846, which is a complex of 16 museums, numerous research facilities, and the National Zoo. Case studies from the 2001 Computerworld Honors Program will be available at www.cwheroes.org, the official Internet site of the Computerworld Honors Program, where the entire collection is available to scholars, researchers, and the general public worldwide. Each year, the Computerworld Honors Chairman’s Committee nominates companies that use information technology to improve society for inclusion in the Smithsonian’s National Museum of American History’s IT Innovation Collection.
Founded in 1988, the Computerworld Honors Program searches for and recognizes companies that have demonstrated vision and leadership as they strive to use information technology in innovative ways across 10 categories: Business and Related Services; Education and Academia; Environment, Energy, and Agriculture; Finance, Insurance, and Real Estate; Government and Nonprofit Organizations; Manufacturing; Media, Arts, and Entertainment; Medicine;
Science; and Transportation. About Information Builders Information Builders is the leader in Web business intelligence. Headquartered in New York, Information Builders helps companies and government organizations improve their mission-critical operations by transforming data into usable intelligence and delivering it through the Internet. With its market-leading WebFOCUS product, Information Builders boasts more than 9,000 global customer sites, including 93 of the Fortune 100, among its current customers. The company employs 2,000 professionals worldwide and generated revenues exceeding $300 million in 2000. For more information, please visit www.informationbuilders.com. Trademarks: This press release refers to numerous products by their trade names. In most cases, these designations are claimed as trademarks or registered trademarks by their respective companies. CONTACT:
Kathleen Moran
Information Builders
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