Business Editors

    NEW YORK--(BUSINESS WIRE)--May 27, 1999--Pitney Bowes Inc. (NYSE:PBI), a $4.2 billion leader in the informed mail and message management industry, today announced it has entered into a software distribution agreement with @Work Technologies, Inc., a leading provider of Electronic Bill Presentment and Payment (EBPP) software. The agreement defines a relationship under which Pitney Bowes will distribute @Work Technologies' WorkOut(TM) through its sales channels worldwide. In addition to distributing WorkOut, Pitney Bowes has incorporated WorkOut into its Digital Document Delivery(TM) (D3) architecture.

By using D3 and WorkOut, billers and service providers can implement Internet billing in a fraction of the time and cost that it would take by using other methods. The D3/WorkOut architecture provides comprehensive Internet billing functionality, ranging from data extraction, print stream parsing, bill document management, customer service, enrollment, notification, payment processing and visual tools for rapid Web site creation and administration. In addition, WorkOut's distributed and platform-independent architecture makes it the most flexible and scalable system of its kind.

An important feature provided by WorkOut is its ability to integrate with the Pitney Bowes Digital Document Delivery (D3) system. D3 enables high-volume mailers to use their existing legacy billing and statement applications to format documents for delivery via the Internet, E-mail, facsimile or postal mail. D3 is one component of pb.commander(TM), Pitney Bowes' comprehensive suite of Document Factory Solutions that include hardware and software products, professional services and financing options to help customers create, manage, manufacture, distribute, and remit documents in hard copy and/or digital format. WorkOut is used by D3 to enable organizations to seamlessly add Web presentation capabilities to their production mail operation.

"We've been utilizing the WorkOut platform ourselves for over six months." Said David Gardner, Chief Systems Architect of Pitney Bowes' D3 Solutions. "Our experience as a licensee has given us complete confidence in both the WorkOut product and the people that stand behind it."

Jim Flynn, @Work's CEO, commented "Organizations that need to implement EBPP services are faced with the challenge of integrating Web-based document delivery with their existing operations. What this agreement means for our customers is that they can get the best Internet billing functionality from Pitney Bowes, a company that has over 75 years of experience in document delivery and a proven ability to implement high-volume production messaging systems."

ABOUT @WORK TECHNOLOGIES

@Work Technologies was founded in 1995 for the purpose of providing advanced document distribution and electronic commerce applications by using Java(TM) and other Internet-based technologies. The company is headquartered in New York City. @Work's staff members have developed some of the World's leading document management and electronic money transfer software packages. The company's WorkOut server features a highly scalable distributed architecture, which is based on the Common Object Request Broker Architecture (CORBA). WorkOut is supported on Microsoft(R) Windows NT(R), Sun Solaris and all major UNIX variants. @Work is located at 111 John Street, 25th Floor, New York, NY 10038. The company's Web site is at http://www.worktechs.com.

WorkOut is a trademark of @Work Technologies, Inc. Microsoft is either a registered trademark or trademark of Microsoft Corp. in the United States and/or other countries. Windows NT is a registered trademark of Microsoft Corporation. Java and Solaris are registered trademarks of Sun Microsystems. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

ABOUT PITNEY BOWES

Pitney Bowes Production Mail and Document Factory Solutions Division serves high-volume, transaction-based mailers, providing enterprise message management solutions to Fortune 1000 companies and government agencies.

Pitney Bowes Inc. is a $4.2 billion global provider of informed mail and messaging management solutions. For more information about Pitney Bowes, please visit the company's Web site at http://www.pitneybowes.com,

     --30--emb/ny*

     CONTACT:  Tom Nolan                    Jane Most
               LobsenzStevens               @work technologies    
               (212) 684-6300               (212) 571-3222

     KEYWORD:  NEW YORK
     INDUSTRY KEYWORD: BANKING COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET TELECOMMUNICATIONS