STAMFORD, Conn., March 28 /PRNewswire-FirstCall/ -- Robert Krohn, chairman and CEO of PSI Group Incorporated, a Pitney Bowes company, recently received the Partnership for Progress Award by Postmaster General Jack Potter at the National Postal Forum in Nashville Tennessee.

"A new type of partnership is emerging between the industry and the Postal Service," Potter said in his keynote remarks at the Forum. "Bob Krohn helped build that partnership and helped our industry grow stronger. He has worked hard to build his company into the largest and most successful presort company in America. He established a partnership with the Postal Service that spans the past 10 years -- a partnership that has served to strengthen worksharing programs that benefit the entire industry."

Krohn founded PSI in Omaha, Nebraska in 1995 to help businesses prepare high-volume letter mailings that meet or exceed Postal Service processing quality standards. PSI manages all aspects of the mail preparation process from generation and barcoding of a letter to the final sorting and containerizing. The mail is then presented to the Postal Service for final delivery. PSI's services enable the mail to be delivered more quickly and efficiently, and businesses that presort earn discounts on postage costs.

With operations in nineteen states, PSI is the largest work-sharing partner of the United States Postal Service (USPS) employing nearly 3,000 people. PSI grew by 50% in 2004 presorting over 7.6 billion pieces of mail as compared to over 5.1 billion pieces of mail in 2003. The company also successfully completed three acquisitions, which added 9 more locations to the PSI National Network, increasing the total to 30 operating centers in the United States.

Calling Krohn "a true friend, a true partner, and a true leader in the industry," Postmaster General Potter also noted that their partnership has overcome many challenges -- from the uncertainties of a sluggish economy to acts of terrorism. Postmaster General Potter added, "We have stood shoulder to shoulder to meet the challenges of the past and lay the groundwork for a great future."

About Pitney Bowes:

Pitney Bowes (NYSE: PBI) is the world's leading provider of integrated mail and document management systems, services and solutions. The $5 billion company helps organizations of all sizes efficiently and effectively manage their mission-critical mail and document flow in physical, digital and hybrid formats. Its solutions range from addressing software and metering systems to print stream management, electronic bill presentment and presort mail services. The company's 80-plus years of technological leadership have produced many major innovations in the mailing industry, and it is consistently on the Intellectual Property Owner's 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 http://www.pb.com.

     For More Information:
     Scott Gerschwer
     Manager, Media Relations
     Pitney Bowes Inc.
     203-351-6152
     scott.gerschwer@pb.com


SOURCE  Pitney Bowes
    -0-                             03/28/2005
    /CONTACT:  Scott Gerschwer, Manager, Media Relations, Pitney Bowes Inc.,
+1-203-351-6152, scott.gerschwer@pb.com /
    /Web site:  http://www.pb.com /
    (PBI)

CO:  Pitney Bowes
ST:  Connecticut
IN:  CPR ITE MLM OFP STW
SU:  AWD TDS

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6749 03/28/2005 09:44 EST http://www.prnewswire.com