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Michele Coleman Mayes Joins Pitney Bowes as Senior Vice President and General Counsel

STAMFORD, Conn., Mar 3, 2003 /PRNewswire-FirstCall via COMTEX/ -- Pitney Bowes Inc. (NYSE: PBI) announced today it has appointed Michele Mayes to the position of Senior Vice President and General Counsel.

"Michele's extensive legal and global business experience is a valuable asset for Pitney Bowes during a time of tremendous company transformation," stated Michael J. Critelli, Chairman and CEO, Pitney Bowes. "Her breadth of legal experience obtained through positions at the U. S. Attorney's office in Detroit, experience as a law school professor, and expertise in intellectual property law and human resources management will aid us as our business grows into new markets both domestically and overseas."

Ms. Mayes joins Pitney Bowes after nearly eleven years at the Colgate Palmolive Company where she was most recently Vice President-Legal, Assistant Secretary and Corporate Officer. In that capacity she co-managed the Global Legal function, with an emphasis on the groups that most directly impacted Colgate's day-to-day business operations: Trademarks, Patents and Marketing and Technology. Ms. Mayes also served as Vice President and Deputy General Counsel-International and Corporate, where she was responsible for international legal matters and overseeing general corporate transactions including acquisitions, mergers and divestitures. Additionally, Ms. Mayes was Vice President of Human Resources and Legal for Colgate North America, developing and implementing strategies to support business goals within North America.

Prior to joining Colgate Palmolive, Ms. Mayes was at the Unisys Corporation where she served in various legal positions, including Staff Vice President in charge of litigation worldwide. She has also served in the United States Attorney's Office as an Assistant United States Attorney, becoming Chief of the Civil Division for the Eastern District of Michigan. Ms. Mayes has held teaching appointments at Wayne State University Law School and Illinois State University.

Ms. Mayes received her B. A. and J. D. degrees from the University of Michigan. Her legal association activity includes past membership on the American Bar Association's (ABA) Commission on Women in the Profession, and the Arbitration Committee of the Section of Litigation of the ABA, which she co-chaired. She joined the Board of NOW Legal Defense and Education Fund in 1996 and assumed Chair of that Board in June 2001.

Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $4.4 billion company helps organizations of all sizes engineer the flow of communication to reduce costs and increase impact, and enhance customer relationships. The company's 80-plus years of technological leadership has produced many major innovations in the mailing industry and more than 3,500 active patents with applications in a variety of markets, including printing, shipping, encryption, and financial services. With approximately 33,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information on the company is available at www.pb.com.

     Contact:
     Christopher Tessier
     Manager, Public Relations
     203-351-7210
     Christopher.Tessier@pb.com
     www.pb.com
SOURCE Pitney Bowes Inc.

CONTACT:          Christopher Tessier, Manager, Public Relations of Pitney Bowes
                  Inc., +1-203-351-7210, Christopher.Tessier@pb.com 

URL:              http://www.pitneybowes.com 
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