Pitney Bowes Named To ``40 Best Companies for Diversity' List

Black Enterprise Magazine Selects Company for Third Consecutive Year

STAMFORD, Conn., June 18, 2007 - Pitney Bowes Inc. (NYSE: PBI), the mailstream technology firm, today announced its inclusion on Black Enterprises third annual 40 Best Companies for Diversity list. In addition to being on the general list, Pitney Bowes was also cited as one of the top 15 companies in the workforce diversity category. Black Enterprise evaluated diversity programs, consulted with diversity experts and corporate diversity officers, and conducted an extensive survey of the top-grossing 1,000 publicly-traded companies and the 50 leading global companies with significant U.S. operations to select the top companies for diversity.

We are pleased by the recognition of our efforts in diversity, said Murray Martin, President and CEO, Pitney Bowes. We have always considered diversity a key component to business success. Our long history of inclusiveness and collaboration, which dates back to the 1940s, is directly linked to the production of innovative solutions and services for the global market.

To be included among the best companies for diversity, a company has to demonstrate significant representation of African-Americans and other ethnic minorities in four key areas: corporate procurement, corporate board participation, senior management representation, and total workforce.

In developing this years list, we wanted to make sure we identified companies that viewed diversity as a business imperative, said Sonia Alleyne, Black Enterprise Careers and Lifestyle Editor.

The list will be featured in the July 2007 cover story of the magazine.

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 $5.8 billion. More information is available at www.pb.com.