Company Also Listed as Top Transportation Management Systems

                          Provider in North America

MINNEAPOLIS, Aug. 5 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. (NYSE: PBI) today announced that its Distribution Solutions division has been named the market leader in parcel shipping solutions for the second straight year, according to a new transportation management systems (TMS) worldwide outlook study by ARC Advisory Group. ARC lists Pitney Bowes as the number one supplier of parcel shipping solutions, with more than double the worldwide market share of its nearest competitor in 2002. ARC derives market share figures from license, services, maintenance and recurring revenues.

Pitney Bowes also received top listing as the leading supplier of TMS software in North America for the second consecutive year. According to the ARC study, North America is the largest region for TMS, accounting for approximately 69 percent of total worldwide revenues for TMS software in 2002. In addition, the company was listed as the top Tier 2 and Tier 3 TMS provider in the world. Tier 2 customers are defined as those customers with annual revenues between $250 million and $1 billion. Tier 3 is defined as customers with less than $250 million in annual revenues.

"Our formula for success has been to leverage our large sales force to sell innovative shipping solutions to customers that are already using our mailing solutions," said Stephen Smith, president, Pitney Bowes Distribution Solutions. "By continually enhancing our offerings with products such as DeliverAbility, an enterprise-wide, multi-carrier shipping system, we can help customers engineer the flow of their shipping operations to reduce costs and enhance efficiency."

"As a leading TMS vendor, Pitney Bowes has a broad solutions footprint and large installed client base," said Adrian Gonzalez, Senior Analyst, Supply Chain & Logistics, ARC Advisory Group. "These attributes, along with the company's financial stability, continue to play a critical role in defining its long-term success."

ARC provides forecasts for strategic planning through the year 2006, in order to show long-term trends in the transportation marketplace. The TMS worldwide outlook study is intended to serve as a planning tool for suppliers, users and companies thinking about entering the global TMS market.

Pitney Bowes received additional top listings in the manufacturing, high tech, and food and beverage industry sectors.

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. The Pitney Bowes Distribution Solutions division is a leading provider of software and services that extend control and visibility of the supply chain throughout the enterprise, and enable electronic transactions between business partners and suppliers. Its portfolio of inbound and web- based outbound software solutions helps customers manage critical shipping and mailing information.

    Media Contacts:  Vicki Javner         -OR-    Angela Seutter
                     Pitney Bowes                 Weber Shandwick
                     952-885-7121                 952-346-6314
                     vicki.javner@pb.com aseutter@webershandwick.com


SOURCE  Pitney Bowes Inc.
    -0-                             08/05/2003
    /CONTACT:  Vicki Javner of Pitney Bowes, +1-952-885-7121,
vicki.javner@pb.com; or Angela Seutter of Weber Shandwick, +1-952-346-6314,
aseutter@webershandwick.com, for Pitney Bowes/
    /Web site:  http://www.pitneybowes.com/
    (PBI)

CO:  Pitney Bowes Inc.
ST:  Minnesota
IN:  OFP TRN
SU:  SVY

KJ 
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0513 08/05/2003 08:00 EDT http://www.prnewswire.com