Pitney Bowes Announces Sure-Feed AT3 Product Attaching System

STAMFORD, Conn., March 21, 2007 - Pitney Bowes Inc. (NYSE: PBI) today announced added production intelligence to the mailstream with the new Sure-Feed AT3 Product Attaching System. The AT3 brings industry-leading processing speeds, unique product attaching opportunities and high quality documents to service providers and transactional mailers.

The AT3 features a synchronized servo card feeder for precise product placement and an operator-friendly touch screen for on the fly adjustments. The AT3 boasts changeover times of less than 15 minutes for new applications and a six- foot collection conveyor for easy unloading. Typical applications for the AT3 include attaching phone cards, real estate cards, business cards, credit cards, insurance cards, gift cards, magnets and certified mail.

The AT3 Product Attaching System allows mailers flexibility and precision to process the most demanding product applications effectively and affordably, said Clint Dally, Vice President, Product Line Management, Document Messaging Technologies.

The AT3 Product Attaching System is especially useful for organizations looking to improve efficiency and reduce operating costs. Its small footprint, fast no-tool set-up, ease of operation, one and two card applications and fast speeds of up to 20,000 pieces per hour provide mailers with a faster Return on Investment (ROI). The AT3 is also easily configured to meet current and future application requirements. It can also be integrated with the Flexible Bindery Interface or plow folding to gain more productivity and efficiencies.

The new Sure-Feed AT3 Product Attaching System will be on display in the Pitney Bowes booth at the National Postal Forum in Washington, D.C., on March 25-28 (Booth 459) and MailCOM in Atlantic City, N.J., on May 8-11 (Booth 609).

About Pitney Bowes: Pitney Bowes provides the worlds 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 $5.7 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 companys 87 years of technological leadership have produced many major mailstream innovations, and it is consistently on the Intellectual Property Owners Associations list of top U.S. patent holders. With approximately 35,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information about the company can be found at www.pb.com.