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Pitney Bowes Signs Distribution Agreement with Canon in Japan

New Relationship to Expand Market Access for DM100 Postage Meter

STAMFORD, Conn.--(BUSINESS WIRE)--Jul. 27, 2009-- Pitney Bowes Japan has announced it has entered into a new relationship with Canon Marketing Japan Inc. that will enable Canon to sell the Pitney Bowes DM100 postage meter to small- and medium-size businesses throughout Japan.

Pitney Bowes Japan Inc. recently signed a distribution agreement with Canon System & Support Inc., a wholly-owned subsidiary of Canon Marketing Japan. Canon System & Support is now conducting its first test-marketing of the DM100 postage meter and will commence formal sales before the end of July. Canon System & Support’s highly-effective sales channel to small- and medium-size companies complements the strong relationships that Pitney Bowes Japan already enjoys with large corporate customers in Japan.

The two companies hope to expand the distribution agreement at a later time to include additional products and technologies from Pitney Bowes, including inserters, folders, and software systems.

“Japan is a key market for Pitney Bowes in the Asia-Pacific region, and I’m very pleased to have secured Canon Marketing Japan as our main distributor here,” said Eric Yves-Mahe, president, Pitney Bowes Asia-Pacific & Middle East. “This relationship will improve our market coverage and is a key milestone in our regional channel strategy.”

About Pitney Bowes:

Pitney Bowes is a $6.3 billion global technology leader whose products, services and solutions deliver value within the mailstream and beyond. Founded in 1920, our company’s 35,000 employees deliver technology, service and innovation to more than two million customers worldwide. For more information about Pitney Bowes, its products, services and solutions, visit www.pb.com.

Source: Pitney Bowes Inc.

Pitney Bowes Inc.
US:
Matthew Broder, 203-351-6347
matthew.broder@pb.com
or
Pitney Bowes Inc.
Asia:
Lynette Koh, (65) 6499 9288
lynette.koh@pb.com