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Pitney Bowes docSense 'Highest Rated' Electronic Presentment and Payment Company

DANBURY, Conn., Feb 25, 2002 /PRNewswire-FirstCall via COMTEX/ -- Pitney Bowes docSense, the leading provider of solutions for the creation and distribution of efficient and effective documents in digital and hard copy form, received the highest rating according to Giga Information Group's report "Electronic Presentment and Payment: Selecting the Right Vendor" and "Pitney Bowes docSense: A Good Solution for Many."

(To read the full Giga Information Group reports, "Electronic Presentment and Payment: Selecting the Right Vendor" and "Pitney Bowes docSense: A Good Solution for Many" go to http://www.docSense.pb.com.)

According to Penny Gillespie, senior industry analyst at Giga Information Group, "Selection of an electronic presentment and payment vendor can be quite a daunting task, since vendors appear quite similar. Vendors distinguish themselves from competitors in areas other than features and function, such as technology, scope of offering and financial viability," wrote Ms. Gillespie. "Therefore, when considering a vendor for EPP, Giga believes companies should make a vendor selection based on underlying technology, product scope, geographic breadth, interface capabilities, financial viability, vendor focus on EPP as a core or non-core part of its business and, of course, price."

"Considering the nature of EPP and its reliance on and support for other internal applications (such as customer service and accounting), the ease and ability of the application to be integrated with other applications make the underlying technology even more critical," wrote Ms. Gillespie in Selecting the Right Vendor. "Therefore, the technology evaluation includes: incorporated standards, infrastructure and platform compatibility, use of Java 2, Enterprise Edition (J2EE), security standards and data retrieval methods. Back-up and recovery capabilities were also taken into consideration for application service providers (ASPs)," Gillespie added.

The Digital Document Delivery or D3 solution offered by Pitney Bowes docSense is the only software on the market written in 100% J2EE. In addition, Pitney Bowes docSense is flexible in offering EPP as a software license or as an ASP and has a team of systems integration specialists to implement any required professional services.

"Technology alone does not make for success, but with the 'big three' of leading edge technology, financial stability and a good strategic fit, Pitney Bowes docSense is increasingly recognized by the experts for providing a strong value proposition for our customers," said Karl Schumacher, president of Pitney Bowes docSense.

"We bring scalability and maturity to the EPP market," said Schumacher. "With industry revenues expected to grow from an estimated $226 million in 2001 to an estimated $1 billion-plus in 2005 -- according to Giga Information Group's research -- this race has just begun."

Pitney Bowes Inc. is a $4.1 billion global provider of leading edge integrated mail and document management solutions headquartered in Stamford, Connecticut. Pitney Bowes docSense is the company's global provider of premier solutions for the creation and distribution of efficient and effective documents in paper and digital form. More information is available at http://www.pitneybowes.com.

     Media Contact:

     Scott Gerschwer
     Manager, Media Relations
     Pitney Bowes docSense
     203-739-3163
     scott.gerschwer@pb.com

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SOURCE Pitney Bowes

CONTACT:          Scott Gerschwer, Manager, Media Relations of Pitney Bowes
                  docSense, +1-203-739-3163, scott.gerschwer@pb.com

URL:              http://www.pitneybowes.com
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