Pitney Bowes and NewWave Technologies Announce National Multi-Vendor Services Agreement

STAMFORD, Conn. & FREDERICK, Md., June 23, 2008 - Pitney Bowes Inc. (NYSE: PBI), the worlds leading mailstream technology company, and NewWave Technologies, Inc., a leading distributor of document imaging products and services, today announced a new agreement whereby Pitney Bowes will provide nationwide, on-site maintenance services and support to NewWave Technologies and its U.S. reseller network.

Under the terms of the agreement, Pitney Bowes will act as an independent service provider, offering national on-site repair, installation and maintenance services for multi-function devices and printers offered by NewWave Technologies. This will enable NewWave Technologies to provide a single source of service to their U.S. resellers to help them achieve the highest level of customer satisfaction with their end users.

Pitney Bowes is honored to be collaborating with NewWave Technologies to help provide its U.S. reseller network with a single point of accountability for consistent services and support for the deployment and maintenance of their equipment, said Joanne Boyd, Vice President, Business Development, Multi-Vendor Services for Pitney Bowes. We look forward to working together to offer ongoing service support and a variety of service options to meet the needs of resellers and their customers.

Service plays a critical role in creating long-standing customer relationships built on trust, value and loyalty, said Lenny Martin, Managing Partner of NewWave Technologies, Inc. Our collaboration with Pitney Bowes will offer nationwide service coverage and a wide range of service choices to our reseller network. This will enable our resellers to pick and choose the services that are right for them and help increase efficiency in servicing their customers.

Pitney Bowes is a leading provider of services for printers, copiers, multi-function devices, scanners, shredders, PCs and workstations, mailstream solutions and kiosk devices. Consisting of 1,200 A+ certified specialists, Pitney Bowes Multi-Vendor Services offers a full range of product life cycle services including on-site maintenance services, installations, asset deployment and professional service.

About Pitney Bowes:

Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents and packages. Our 36,000 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 NewWave Technologies, Inc.:

Founded in 1992, NewWave Technologies, Inc. (www.newwavetech.com) is a nationally recognized, award winning distributor of document imaging, automated data storage, and CD/DVD duplication products and services. Together, NewWave and its channel partners deliver seamlessly integrated products and solutions that capture, store, manage, and distribute business-critical information.

NewWave markets its products and services exclusively to value-added resellers, system integrators, and service bureaus, delivering high technology products from long standing alliances with world class suppliers such as Kodak, Fujitsu, Bowe Bell and Howell, Canon, Kofax, NSi, Rimage and Plasmon.

The company supports their customers with competitive pricing, highly trained support teams, unparalleled E-Commerce services, and a full suite of custom tailored reseller programs.