- Action Reinforces Environmental Commitment -

STAMFORD, Conn., Sept. 22 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. (NYSE: PBI), a global provider of integrated mail and document management solutions, has committed to support the generation of environmentally friendly renewable electricity by participating in Atlanta-based Sterling Planet, Inc.'s Green America(TM) program. This program allows companies to purchase tradable renewable energy certificates that represent the environmental benefits created when power is generated from renewable resources. For every unit of renewable electricity generated by a participating utility, an equivalent amount of renewable certificates is produced and can be traded among various "green power" market participants. As one of the first of those participants, Pitney Bowes has committed to purchase an amount of certificates equivalent to 10% of its annual US and UK home office consumption of electricity generated from conventional resources. This Pitney Bowes action will help further establish the corporate market for renewable energy sources, such as wind, geothermal, biomass and landfill gas, which in turn should produce local and global environmental benefits such as reducing regional air pollution.

"Pitney Bowes is a global leader with a significant international presence," stated Michael J. Critelli, Chairman and CEO, Pitney Bowes. "While our business has grown, we have remained committed to reducing our environmental footprint and are extending our philosophy of good corporate citizenship through responsible energy management, recycling initiatives and our leading edge Supply Chain Environmental Management Programs. We see this is as an opportunity to encourage other major corporations to consider green power in their energy management strategy."

Pitney Bowes is a founding member of the Green Power Market Development Group, the first commercial and industrial partnership dedicated to building corporate markets for green power. The group is working to transform energy markets to enable corporate buyers to diversify their energy portfolios with green power and thereby help address climate change through the elimination of harmful emissions. According to the U.S. Energy Information Administration, the industrial and commercial sectors account for 54 percent of total U.S. energy consumption and 48 percent of U.S. carbon dioxide emissions. Yet, non-hydro, non-wood sources of green power currently comprise less than one percent of corporate energy consumption.

"Our commitment to green power and association with The Green Power Market Development Group is instrumental in developing this much needed market," said Joseph Shimsky, Executive Director, Environmental and Corporate Safety, Pitney Bowes. "Green Power offers multiple benefits not only to corporations who invest in renewable energy with less CO2 emission, but also to energy security, the economy and the environment."

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.
    -0-                             09/22/2003
    /CONTACT:  Christopher Tessier, Public Relations Manager of Pitney Bowes
Inc., +1-203-351-7210, or Christopher.Tessier@pb.com /
    /Web site:  http://www.pb.com /
    (PBI)

CO:  Pitney Bowes Inc.; Sterling Planet, Inc.
ST:  Connecticut, Georgia
IN:  OIL ENV UTI OFP
SU:

KC 
-- NYM035 --
4886 09/22/2003 09:30 EDT http://www.prnewswire.com