STAMFORD, Conn., Feb 8, 2002 /PRNewswire-FirstCall via COMTEX/ -- Pitney Bowes Inc. (NYSE: PBI) today announced that it was advised by the Justice Department's Antitrust Division that its antitrust investigation of the company has been closed with no action. The investigation was opened through the issuance of a Civil Investigative Demand in June 1999.

Pitney Bowes is a $4.1 billion global provider of integrated mail and document management solutions, headquartered in Stamford, Connecticut. The company serves over 2 million businesses of all sizes through dealer and direct operations. For information on the company, its products and services, log on to http://www.pitneybowes.com.

     Media:  Sheryl Y. Battles
             VP, External Affairs
             (203) 351-6808

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SOURCE Pitney Bowes Inc.

CONTACT:          Financial - Charles F. McBride, Exec. Dir., Investor Relations,
                  +1-203-351-6349; Media - Sheryl Y. Battles, VP, External Affairs,
                  +1-203-351-6808, both of Pitney Bowes Inc.

URL:              http://www.pitneybowes.com
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