Pitney Bowes PSI Opens New Site in Northern California

SACRAMENTO, Calif., July 18, 2007 - Pitney Bowes PSI, the nations leading mail presorter, today announced the opening of a new site in Sacramento, California. The site expands Pitney Bowes PSIs presence to Northern California and is the 34th location in its national mail presort services network.

Located at 3700 Seaport Blvd., West Sacramento, the facility has the capacity to presort 1 million pieces of First-Class and Standard Mail every day. The 14,000 square foot center will initially employ 12 people.

We are delighted about opening the doors to our new facility in Northern California and joining the Sacramento business community, said Jay Oxton, President of Pitney Bowes PSI. Our new site will provide us with an opportunity to help area customers reduce their overall postage expenses and meet their customized needs through tailored presort mail solutions.

Expanding into the Sacramento market has been a much anticipated event, said Nick Saribalis, Vice President and General Manager, Northern California for Pitney Bowes PSI. We are very excited about the prospect of providing our best-in-class services to organizations in the region and helping to add value to their mailstream management.

Presort services enable medium and large mailers to qualify for discounts on their postage by aggregating mail from multiple sources and then sorting it by ZIP Code before it enters the United States Postal Service network. These services not only make it less expensive to send mail, but also can speed delivery by up to one day depending on the destination.

About Pitney Bowes PSI: Pitney Bowes PSI is the nations leading mail presorter, enabling customers to receive significant postage discounts on First-Class and Standard Mail. Pitney Bowes PSI provides high-quality service for its core business of mail presort and complementary mailing services. Pitney Bowes PSI currently handles ten billion pieces of mail per year through its 33 facilities across the United States. Pitney Bowes PSI is part of the Pitney Bowes Inc. (NYSE:PBI) family of companies.