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Pitney Bowes Ranked Among Top 100 Companies for Hispanics

    Business Editors

    STAMFORD, Conn.--(BUSINESS WIRE)--May 24, 1999--Pitney Bowes Inc. (NYSE: PBI) was honored by Hispanic Magazine as one of the top 100 companies which provides the most opportunities for Hispanics through recruitment and hiring, minority business development, scholarships and grants, and support for Hispanic organizations.

"We are very proud to be recognized by Hispanic Magazine for the opportunities we provide for our Hispanic employees. Diversity is a longstanding value at Pitney Bowes, and we are committed to continuing to provide an environment that helps attract and retain a diverse workforce, forming strategic alliances with minority business partners, and reinvesting in the diverse communities in which we live and work. Pitney Bowes believes diversity provides a competitive advantage, particularly in the global market in which we operate," said Susan Johnson, Director of Corporate Diversity, Pitney Bowes.

A recent example of Pitney Bowes' commitment to diversity was its sponsorship of Hispanic Magazine's eighth annual Latina Excellence Awards, held on April 27, 1999 in New York City, which honored Hispanic American women who have made significant contributions to their career fields and a positive impact upon the Hispanic community. Meredith Fischer, Vice President, Corporate Marketing and Chief Communications Officer, Pitney Bowes, presented the Business Award to Olga Luz Tirado, President, Luz Tirada Communications, who has had a significant impact on advertising, promotions and public relations.

Pitney Bowes has a rich history of diversity leadership that spans almost six decades. Minorities represent nearly 41% of the company's employees and 21% of its management, while women represent over 39% of the workforce.

In addition to being named to Hispanic Magazine's 1999 Corporate 100 list, Pitney Bowes' diversity strategy has been recognized by several other prominent publications. In 1998, Fortune Magazine named Pitney Bowes (No. 10) in its list of "The 50 Best Companies for Asians, Blacks & Hispanics." Working Woman named the company (No. 3) in "The Top 25 Public Companies for Executive Women." Latina Style named Pitney Bowes to "The 50 Best Companies for Latinas to Work for in the U.S." And Minority MBA named the company as one of the "10 Top Employers for Minority Business Managers."

Pitney Bowes is a $4.2 billion global provider of informed mail and messaging management. For more information about the company, please visit our Web site at www.pitneybowes.com.

     --30--flb/ny*

     CONTACT: Pitney Bowes Media Relations
              Alicia Sherry
              203/351-6477
              sherryal@pb.com

     KEYWORD: CONNECTICUT
     INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET