STAMFORD, Conn., July 25 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. (NYSE: PBI) has been recognized for creating one of the best annual reports of 2002 by the League of American Communications Professionals. With over 900 national entries submitted to this year's 2002 Vision Awards Annual Report Competition, Pitney Bowes was ranked in the top 100 and received accolades for being the most improved.

"Our annual report is an important tool to help us leverage our new brand identity that focuses on our expertise in helping companies engineer the flow of communication," stated Arun Sinha, Chief Marketing Officer, Pitney Bowes Inc. "It was especially meaningful for us to receive high marks in the areas of message clarity, information accessibility and creativity from an outside audience because it validates our efforts in changing perception with our shareholders and customers."

Through several hundred hours of judging, LACP identified winners within peer-level competition classes. Scores were derived according to a proprietary judging system developed by LACP, which assigns point values to various criteria of an entry. A composite score, based on a 100-point scale, was then determined by summing the results of all judging criteria.

"The 2002 vision awards drew an unprecedented number of entries representing a broad range of industries and organizational sizes," said Christine Kennedy, LACP's Competition Director. "More than 900 entries were submitted, so competition was exceptionally tough. Winners in this year's competition demonstrated an outstanding focus on shareholders, their interests, and their needs to understand the strategic and tactical decisions that companies are making."

About LACP:

League of American Communications Professionals, LACP was established in 2001 in order to create a form within the public relations industry that facilitates discussion of best in class practices within the profession, while also recognizing those who demonstrate exemplary communications capabilities. The quarterly competitions routinely include hundreds of entries from some of the most recognized organizations throughout the world. More information is available by visiting LACP on the World Wide Web at www.LACP.com.

About Pitney Bowes:

Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $4.4 billion company helps organizations of all sizes engineer the flow of communication to reduce costs and increase impact, and enhance customer relationships. The company's 80-plus years of technological leadership has produced many major innovations in the mailing industry and more than 3,500 active patents with applications in a variety of markets, including printing, shipping, encryption, and financial services. With approximately 33,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information on the company is available at www.pb.com.

     Contact:
      Christopher Tessier
      Manager, Public Relations
      203-351-7210
      Christopher.Tessier@pb.com www.pb.com 

SOURCE  Pitney Bowes Inc.
    -0-                             07/25/2003
    /CONTACT:  Christopher Tessier, Manager, Public Relations, Pitney Bowes,
+1-203-351-7210, Christopher.Tessier@pb.com /
    /Web site:  http://www.pitneybowes.com http://www.LACP.com /
    (PBI)

CO:  Pitney Bowes Inc.; League of American Communications Professionals; LACP
ST:  Connecticut, New York
IN:  OFP CPR
SU:  AWD

MG 
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5725 07/25/2003 09:50 EDT http://www.prnewswire.com