Newest Real Estate Website Powered by Geocoding Software Enhances Location

Accuracy by Incorporating Point Data from Parcel and Building Maps

LANHAM, Md., April 24 /PRNewswire-FirstCall/ -- Group 1 Software, Inc., a Pitney Bowes Company (NYSE: PBI), today announced that Zillow.com has selected Group 1's GeoStan(TM) geocoding software and Point-Level data to help improve the accuracy of address locations of the Web site's mapped "Zestimates," or valuations, of millions of homes in America.

"Group 1 Software's precision geocoding has enhanced our mapping capabilities by helping us to more accurately pinpoint addresses searched," said Jorrit Van der Meulen, vice president, partner relations at Zillow.com. "This enhances our overall customer experience and allows us to empower consumers with better tools and information to help them become smarter in the real estate process."

GeoStan, a component of the company's comprehensive Customer Communication Management (CCM) solution, corrects, standardizes, and geocodes North American address information at successive levels of precision, including parcel, street segment, ZIP+4(R), ZIP+2 and ZIP Code(R). GeoStan provides a more comprehensive set of parcel and address-level geocodes by combining USPS(R) and CPC postal data with spatial data files from the world's leading data providers. Precisely defining the location of an address with latitude and longitude coordinates, the location is then displayed on a map or photo with unprecedented accuracy.

"As Zillow provides valuations and data for millions of homes across the country, they require a more enhanced geocoding solution," said Steve Walden, vice president and general manager, Centrus Division, Group 1 Software. "We are pleased that Zillow recognizes the high quality location accuracy of GeoStan and selected it for their online solutions. Zillow's selection of Group 1's geocoding solution provides further testimony to our ability to deliver enhanced pinpoint accuracy for online location services."

About Group 1 Software

Group 1 Software, Inc. a wholly owned subsidiary of Pitney Bowes, develops software that provides a comprehensive Customer Communication Management (CCM) solution, which helps maximize the value of customer data and help improve the efficiency and effectiveness of customer communications. Group 1 Software's solutions are an essential component of enterprise applications, serving to consolidate, cleanse and enrich corporate data, and generate personalized business documents for multi-channel delivery, customer care and efficient business processing. The company's solutions are utilized by over 3,500 organizations worldwide in the utilities, financial services/banking, GIS/mapping, retail, telecommunications, insurance and other industries, including Entergy, L.L. Bean, Microsoft, QVC, Siemens, Wal-Mart, Wells Fargo and Zillow.

About Zillow.com

Zillow.com launched its beta service in February 2006, with the goal of empowering consumers with tools and information to transform how they buy and sell homes. The first step is providing valuations and data on more than 65 million U.S. homes -- and growing. Zillow was started by a group of Internet veterans, including Expedia founder and former CEO Rich Barton and former Expedia Senior Vice President Lloyd Frink. Located in Seattle, Zillow raised $32 million in funding from two leading venture capital firms, Benchmark Capital and Technology Crossover Venture (TCV), as well as employees, directors and private investors.

GeoStan, Group 1 and Group 1 Software are trademarks or registered trademarks of Group 1 Software, Inc. Zillow.com(TM) and Zestimate(TM) are all trademarks of Zillow, Inc. All other brand names, trademarks and registered trademarks are the property of their respective owners.

    Media Contact:  Colette Cote
                    Pitney Bowes
                    203 570 6061
                    Colette.Cote@pb.com


SOURCE  Pitney Bowes
    -0-                             04/24/2006
    /CONTACT:  Colette Cote of Pitney Bowes, +1-203-570-6061,
Colette.Cote@pb.com /
    /Web site:  http://www.pb.com /
    (PBI)

CO:  Pitney Bowes; Group 1 Software, Inc.; Zillow.com
ST:  Maryland
IN:  CPR STW
SU:

JB
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2900 04/24/2006 08:30 EDT http://www.prnewswire.com