Pitney Bowes Inc. Named 'Corporate Exemplar' for Philanthropic Programs by Educational Equity Center at Academy for EducationalDevelopment

Award to be Presented at 2008 Equity Awards Dinner in New York City

STAMFORD, Conn., November 17, 2008 - Pitney Bowes Inc. (NYSE:PBI) today announced that the company will be recognized as Corporate Exemplar by the Educational Equity Center at the Academy for Educational Development (AED). The recognition ceremony will take place at AEDs Equity Awards Dinner at the Lighthouse at Chelsea Piers in New York City on November 20. The Equity Awards Dinner aims to celebrate and honor the work of individuals and organizations that have helped to advance equity and social justice.

Pitney Bowes is being honored for its longstanding and broad range of philanthropic efforts, and most particularly for its support of the Pitney Bowes Literacy and Education Fund Childrens Science Gallery in Connecticut, robotic science program at the high school level, and programs to serve a diverse population of women, people with disabilities, and people of color, said Denise Borders, AED senior vice president of US education and workforce development, in a letter to Pitney Bowes.

To be selected as corporate exemplar by such a prominent organization is an honor, said Juanita James, chief marketing and communications officer, Pitney Bowes Inc. Through our support of programs with a focus on literacy and education, Pitney Bowes helps build a connection between a diverse population and the future of Americas workforce. We strongly believe that our efforts will have a positive impact on shaping a global, diverse and inclusive workforce.

Each year, Pitney Bowes and its private foundations donate close to $5 million to worthy causes through grants and matching gifts. The companys grant-making is focused on initiatives that develop the workforce of the future and help close the achievement gap.

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 $6.4 billion. More information is available at www.pb.com.