Pitney Bowes Announces U.S. Agreement with RISO to Offer Color Inkjet Printer

STAMFORD, Conn. & DANVERS, Mass., March 26, 2009 - Pitney Bowes Inc. (NYSE:PBI), the world’s leading mailstream technology company, and RISO, Inc., a leader in digital printing technology, announced an agreement in which Pitney Bowes will offer RISO’s HC5500 color inkjet printer to customers in the U.S. Ideal for mid and high-volume printing environments, the HC5500 complements Pitney Bowes’s portfolio of integrated printing and mailing solutions to help organizations manage the production and flow of documents and mail, and connect with customers.

The HC5500 works in conjunction with a broad array of Pitney Bowes products, including its mail management software and inserters, to form a complete “print-to-mail” solution in a cut-sheet environment.

“Our collaboration with RISO is a natural fit with our integrated printing and mailing solutions,” said Mark Pollack, vice president, marketing, U.S. Mailing for Pitney Bowes. “The HC5500 offers our customers a high-speed, low-cost color inkjet printing solution that can help increase operational efficiency and convenience with the creation and printing of documents in-house with a broad array of Pitney Bowes products.”

"In today’s economy, organizations need to maximize productivity and efficiency in their print production. The HC5500 combines affordable color, high speed, and high reliability that results in low total cost of ownership. With this printer, organizations can now afford to convert their black and white documents to full color in order to increase response rates and improve the overall appearance of their communications. This product offers real and unique value to Pitney Bowes customers,” said David Murphy, vice president of marketing for RISO.

Utilizing RISO's FORCEJET® printing technology, the HC5500 is the world’s fastest sheet-fed color inkjet printer, running at 120 pages per minute, or 85 #10 envelopes per minute. The HC5500 is ideal for anyone printing transactional or transpromotional documents such as invoices, notices and personalized newsletters.

The printer can handle duplex printing in normal mode up to 92 pages per minute. The low-cost, small-footprint printer has a robust paper handling system for volumes up to 500,000 pages per month. The no-heat system of the HC5500 also offers increased reliability and up-time for post insertion processes.

HC5500 systems are available with a stacking tray, offset stacker or full finisher and options including a scanner system and touch panel display. The standard IS700C ComColor® Adobe® PostScript® 3TM RIP can be enhanced with an Advanced or Professional package to increase the color and variable data printing capabilities of the HC5500.

About Pitney Bowes:

Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents and packages. Our 35,000 employees deliver technology, service and innovation to more than two million customers worldwide. The company was founded in 1920 and annual revenues now total $6.3 billion. More information is available at www.pb.com.

About RISO, Inc.:

RISO, Inc., headquartered in Danvers, Massachusetts, is a wholly owned subsidiary of RISO Kagaku Corporation, Japan's leading manufacturer and distributor of production printers, digital duplicators and supplies. RISO sells high-speed color and monochrome printing solutions throughout the Americas. RISO's high-speed color printers provide fast and affordable full color digital printing for everyday communications, at speeds of up to 120 pages per minute. Its line of digital duplicators includes one- and two-color systems that reliably produce millions of copies, are environmentally friendly, and are easy and inexpensive to use.