Pitney Bowes Management Services and Millican & Associates Form Strategic Alliance

STAMFORD, Conn., May 07, 2008 - Pitney Bowes Management Services, Inc. (PBMS), a wholly owned subsidiary of Pitney Bowes Inc. (NYSE: PBI) announced today that they have entered into an alliance agreement with Millican & Associates to support PBMS consulting opportunities in records and information management as part of its Document Processing Solutions (DPS) offering.

Under the terms of the agreement, Millican & Associates will provide supplemental support to PBMS and its customers in addressing a broad cross-section of professional and business challenges in the area of records management, particularly at the enterprise level. Millican will assist PBMS in the development, implementation and maintenance of records programs for PBMS customers, as well as with specification and roll-out of integrated data, records and document management systems.

Our customers face increasing compliance pressures, cost-cutting through facility re-sizings and relocations, and mergers and acquisitions, which all have a significant impact on their records management strategies, stated Robert Mattis, vice president, Business Development, PBMS. Through our relationship with Millican & Associates, we can continue to offer our clients the full breadth of records management operational expertise they have come to expect and trust from PBMS, along with premier consultative services, ensuring all aspects of their records initiatives are addressed, he added.

We bring a wealth of knowledge and expertise in records and information management that complements that of PBMS, noted Dennis Millican, president of Millican & Associates. Our subject matter experts, including Certified Records Managers, library scientists, economists, engineers, systems analysts, programmers and technical writers, will work jointly with PBMS to provide analysis and development of records policies and procedures, as well as records processes and controls to support the monitoring and auditing functions of records programs.

With more than 26 years of experience, Millican & Associates, Inc. is a nationally recognized records and information management consulting firm. Millican & Associates provides a full scope of records and information management services across a variety of industries, including utilities, finance and banking, manufacturing, real estate, and federal, state and local governments. Commercial clients include several Fortune 100 and 500 companies. For more information, visit www.millican-assoc.com.

Pitney Bowes Management Services provides on-site and off-site outsourced mail, print and document management solutions to the Fortune 1000, American Legal 200 and Federal Government agencies. Pitney Bowes Inc. 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.