New York, June 16, 2015 -- Moody's Investors Service ("Moody's") has affirmed the Ba3 corporate family rating ("CFR") of Neustar, Inc. ("Neustar" or "the company") and changed the outlook to stable from negative due to Moody's expectation that Neustar will maintain its historically conservative financial policy throughout the transition of the NPAC contract. Moody's expects Neustar to generate substantial free cash flow over the next 18 months and that the company will prudently manage its capital allocation going forward such that leverage remains moderate. Moody's anticipates M&A and debt reduction to be the primary uses of cash over the next 2 to 3 years.

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