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Pitney Bowes Celebrates 50 Years On the NYSE; Corporate Strategy Set for Future Growth
STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 11, 2000--With the Board of Directors and President and COO Marc Breslawsky, Pitney Bowes Inc. (NYSE:PBI) Chairman and CEO Michael J. Critelli rang the opening bell of the New York Stock Exchange to signal the start of today's trading. A regular meeting of the Pitney Bowes board was held there this morning in honor of the company's 50th year of listing on the New York Stock Exchange.
The company also announced the official launch of ClickStamp(R)
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2.0, its enhanced Internet postage service. Marking this step in execution of the company's overall business strategy, Mr. Critelli said, "Our focus on customer centric strategies is clear and our business fundamentals are strong. Today Pitney Bowes is in the perfect position to leverage our technology, skill and market knowledge to tap the tremendous opportunities afforded by today's mixed paper and electronic environment. Our goal is to help businesses of all sizes successfully span the 'digital divide' they face - managing relationships with their customers around key business processes: acquiring and retaining customers or customer relationship management, billing and transactions, shipping and order fulfillment, document resource planning, and managing messaging at the desktop.
"Our large portfolio of scalable solutions work the way customers need and want to work in a mixed paper and electronic environment, and we can help our clients meet the varied demands of their own customers without completely re-engineering every process or 'breaking the bank'," said Mr. Critelli. "The small business market is no exception. Our PitneyWorks division has created a variety of solutions to help small firms deal with the everyday problems of running a business including marketing, cash flow management, shipping and mailing. Thus, our newly enhanced ClickStamp 2.0 is just one part of the total solution necessary to address the needs of small businesses." To view the new site and try the PitneyWorks suite of small business solutions, visit www.PitneyWorks.com.
In addition to the small business market, the company's key growth initiatives center around accelerated growth in all core businesses, international market expansion and essential business applications such as statement presentment and bill payment, direct and 1to1 marketing, incoming mail and messaging, desktop messaging, enterprise-wide document resource planning, shipping and integrated logistics.
Pitney Bowes strength is in combining technology, business process knowledge and market expertise to make business communications easier, fast and more cost effective. The company has over 3,300 patents worldwide covering a range of technologies and business applications that are key in the new economy such as ticketing, cellular telephones, shipping, laser printing, encryption and mailing to name a few.
Pitney Bowes Inc. is a $4.4 billion global provider of total messaging solutions. It serves over 2 million businesses of all sizes in 118 countries through dealer and direct operations. For more information about the company, visit www.pitneybowes.com.
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CONTACT: | Pitney Bowes Inc. |
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Dan Burris, Manager, Media Relations, 203/351-6477 | |