Pitney Bowes and SynTel Join Forces to Provide Enhanced Mailstream Solutions for Banks and Credit Unions

STAMFORD, Conn., Dec. 5 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. (NYSE: PBI), the world's leading mailstream solutions company, has teamed up with SynTel LLC, a leading provider of mail automation software to banks, to provide a new mailstream solution designed to deliver cost-savings and enhanced data security to banks and credit unions.

Under the new agreement, Pitney Bowes will act as a reseller for SynTel's AutoMail® PRO software package, which seamlessly integrates Pitney Bowes' mailstream equipment with most bank and credit union core processing and imaging software systems.

"By combining Pitney Bowes' expertise in mailstream products and services with SynTel's bank-specific mail automation capabilities, we can now provide a solution especially created for this industry's unique technology needs," said Jeff Marshall, Vice President, Marketing of Pitney Bowes Global Mailstream Solutions. "Banks and credit unions can realize significant savings now by helping to convert their mail centers from cost centers to efficiency centers."

Harry Herget, Co-Founder and Marketing Director of SynTel LLC said, "The joint solutions employed by SynTel and Pitney Bowes empower banks and credit unions to operate more effectively in a more compliant environment."

AutoMail® PRO is designed to work with existing document production platforms, and enables users to presort mail and present it in a manner that is compliant with USPS presort guidelines.

About Pitney Bowes

Pitney Bowes provides the world's most comprehensive suite of mailstream software, hardware, services and solutions to help companies manage their flow of mail, documents and packages to improve communication. Pitney Bowes, with $5.6 billion in annual revenue, takes an all-inclusive view of its customers' operations, helping organizations of all sizes enjoy the competitive advantage that comes from an optimized mailstream. The company's 86 years of technological leadership have produced many major mailstream innovations, and it is consistently on the Intellectual Property Owners Association's list of top U.S. patent holders. With approximately 34,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information about the company can be found at http://www.pb.com/.

About SynTel, LLC

Headquartered in Jonesboro, Arkansas, on the northern edge of the Mississippi Delta, SynTel is a multifaceted technology company. Its owners and managers are leaders in financial management and marketing, computer programming and education, database and mailing services. SynTel is the developer of the AutoMail line products. AutoMail is cutting-edge technology - fully integrated mailing software specifically programmed for financial and other institutions to help save money by automating the mailing process. Today more than ever, SynTel's AutoMail has revolutionized bank, business and manufacturers' mailrooms across the nation. SynTel is in the process of completing a major expansion project that will triple the size of the company's physical space. The company's "Digital Delta Campus" will be the epicenter of SynTel's commitment to innovative research and development. For more information on SynTel or its products and services, visit its Web site at http://www.syntelllc.com/.

  Media Contact:
  Caroline Dennis, Pitney Bowes

SOURCE: Pitney Bowes Inc.

CONTACT: Caroline Dennis, Pitney Bowes, +1-203-351-7210,

Web site: http://www.pb.com/