STAMFORD, Conn., May 11 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. (NYSE: PBI) has launched VeriMove Net, an integrated Move Update solution designed for SmartMailer(TM) 7 mail management software that has received an NCOALink(TM) Limited Service Provider License from the United States Postal Service.

VeriMove Net allows organizations to access the latest Change-of-Address information by efficiently and effectively accessing the NCOALink(TM) database, the latest technology for updating addresses available from the USPS(R).

"The Postal Service(TM) estimates the cost of handling 'undeliverable as addressed' (UAA) mail at about $2 billion annually, and requires mailers claiming the presorted or automation rate discount for First-Class Mail(R) to use a USPS-approved Move Update method," said Paul Kovlakas, manager of New Product Development. "VeriMove Net helps organizations minimize UAA mail and comply with USPS requirements."

In addition, VeriMove Net is a core component of a customer-focused communication strategy. "Over 40 million people move in the US every year, which represents 17 percent of the population. Each outdated name and address file has the potential to represent either a lost customer or lost prospect," said Kovlakas. "Address quality software helps boost customer satisfaction by facilitating more timely communications."

"Change-of-address software is crucial if your bottom-line depends on the mail to generate revenue," said Kovlakas. "The VeriMove Net addressing solution keeps up with the most current addresses by checking for moves when it's most efficient and cost effective, prior to the mailing, in real time over the Internet, and is available 24/7."

"VeriMove ensures reliable delivery, reduces the number of returned mail pieces and the expenses and rework costs associated with Undeliverable as Addressed mail," added Kovlakas. "The value of VeriMove Net is further enhanced in that it actually helps mailers identify 'probable' and even 'possible' moves, so you can eliminate addresses that are likely to be undeliverable from your lists, or investigate the matter further to ensure you have the right addresses for every customer or prospect on your list."

VeriMove Net enhances Pitney Bowes full product and solution offerings for mail creation, including the DI series inserting systems, and the AddressRight line of envelope printers.

Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $5.1 billion company helps organizations of all sizes efficiently and effectively manage their mission-critical mail and document flow in physical, digital and hybrid formats. Its solutions range from addressing software and metering systems to print stream management, electronic bill presentment and presort mail services. The company's 85 years of technological leadership have produced many major innovations in the mailing industry, and it is consistently on the Intellectual Property Owner's list of top U.S. patent holders. With approximately 35,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information about the company can be found at http://www.pb.com.

VeriMove Net, Smart Mailer, Pitney Bowes and Engineering the Flow of Communication are trademarks of Pitney Bowes Inc. The following trademarks are owned by the United States Postal Service(R); USPS, NCOALink(TM), United States Postal Service, First-Class Mail, Postal Service. Pitney Bowes, Inc. is a non-exclusive Limited Service Provider and Interface Distributor Licensee of the United States Postal Service. Payments for NCOALink(TM) services are made payable to Pitney Bowes, Inc., and the prices for services are not established, controlled or approved by the United States Postal Service. Advertisements for SmartMailer(TM) 7 and VeriMove(TM) Net are neither approved nor endorsed by the United States Postal Service.

     For More Information Contact:
     Scott Gerschwer
     Manager of Media Relations
     Pitney Bowes Inc
     203-351-6152
     scott.gerschwer@pb.com


SOURCE  Pitney Bowes Inc.
    -0-                             05/11/2005
    /CONTACT:  Scott Gerschwer, Manager of Media Relations, Pitney Bowes Inc.,
+1-203-351-6152, scott.gerschwer@pb.com /
    /Web site:  http://www.pb.com /
    (PBI)

CO:  Pitney Bowes Inc.; United States Postal Service; USPS
ST:  Connecticut
IN:  CPR STW OFP
SU:  PDT

MC
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9385 05/11/2005 08:30 EDT http://www.prnewswire.com