Pitney Bowes Unveils New AddressRight(TM) Printers and DM Series(TM) Digital Mailing Systems

Helps Drive Flexibility, Efficiency and Productivity in the Mailstream

STAMFORD, Conn., April 10, 2007 - Pitney Bowes Inc. (NYSE: PBI - News), the worlds leading mailstream solutions company, announced today the introduction of four new AddressRightTM printers to help businesses of all sizes drive revenue through professional direct mail and customer communication. In addition, Pitney Bowes is offering three new, enhanced DM SeriesTM  Digital Mailing Systems that automatically download new rates and class changes to help drive operational efficiency.

"For more than 87 years, Pitney Bowes has been providing mailers, shippers and posts with the industrys most comprehensive, technologically advanced mailing systems, software and services", said Kevin Weiss, Executive Vice President and President of Pitney Bowes Global Mailstream Solutions. Our new AddressRight Printers and DM Series Digital Mailing Systems continue on this tradition by offering our customers solutions for increasing flexibility, efficiency and productivity in the mailstream.

Pitney Bowes new AddressRight printers, the DA50S, DA55S, DA70S and DA75S, offer black-and-white and/or color printing capabilities to mailers of all sizes. The printers allow users to print addresses, graphics and barcodes and personalized messages almost anywhere on the envelope to help mail pieces stand out from the crowd. A wide variety of mailing materials can be utilized including envelopes, postcards, booklets, folded newsletters, flats and catalogs.

Used in tandem with Pitney Bowes SmartMailerTM  or AddressRight® Pro mail management software, businesses can target customers with powerful, easy-to-use software that cleanses and updates existing lists while helping make full use of critical customer data. These solutions can also help customers take advantage of substantial postal discounts through presorting mail.

Pitney Bowes additions to its DM Series Digital Mailing Systems include the: DM300TM , DM400TM  and the DM550TM  featuring WOWTM technology. The systems, powered by IntelliLink® Technology, provide a digital gateway for convenient access to important business mail services to help enhance productivity and mailstream efficiency. An internal rating function allows users to select the most effective and economical postage rate automatically. One touch electronic downloads also make postal and carrier rate change updates simple. In addition, the digital meter indicia satisfies all current postal regulations and makes the systems adaptable for future regulation changes.

Other benefits and features of the systems include:

The DM300 Series Digital Mailing System - Provides big system capability to the small office to make mail processing productive in a compact footprint that fits where space is a premium. The DM300 offers an integrated mailing platform and a semi-automatic feed that can support envelopes up to 3/8 inches thick. The system can process up to 65 letters per minute.

The DM400 Series Automatic Digital Mailing System - Offers small business mailers large mailing productivity and ease to the office environment all in a space-saving footprint. The DM400 includes automatic feed, processing up to 95 pieces per minute, a user friendly control center and an accounting capability to track up to 50 accounts. Options include enhanced accounting for up to 300 cost centers and scale configurations up to 149 pounds.

The DM550 System featuring WOW Technology - Enables customers to handle daily, mixed weight mail without the time consuming process of weighing each piece individually. The Weigh-on-the-WayTM or WOWTM  module also allows existing customers to upgrade their existing DM550 Series to include Shape Based Rating functionality. In addition, the system includes user friendly prompts, electronic delivery, e-Return Receipt for Certified MailTM, as well as delivery and signature confirmation. The DM550 with WOW technology can process up to 160 similar letters per minute and 50 mixed size and weight letters per minute.

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.