Banking Application Tests Deliver Significant Postage Savings, Increased

                  Productivity, Reliability and Ease of Use

STAMFORD, Conn., June 14 /PRNewswire-FirstCall/ -­ Pitney Bowes Inc. (NYSE: PBI) today introduced the DM Infinity(TM) Series Roll-Up System for Banking Applications, its latest release in a family of high speed digital mailing solutions for production mail applications. With just three weeks of customer testing, the DM Infinity(TM) Series Roll-Up System has shown more than a 4% postage savings for targeted demand deposit account (DDA) applications in the banking industry.

Designed for enterprises with an immediate need to drive more performance and cost-effectiveness from their existing non-Pitney Bowes inserters, the DM Infinity(TM) Series Roll-Up System features include:

    --  Weigh-on-the-Fly(TM) software technology, which eliminates the costly
        guesswork associated with legacy software that can overestimate
        postage. This enables mailers to weigh and apply the correct postage
        in real-time for each DDA mail piece, realizing significant bottom
        line savings.
    --  Reset-on-the-Fly(TM) technology that meters mixed weight mail with a
        single system at faster speeds.
    --  High performance, enabling it to accurately weigh, rate and digitally
        meter up to 7,200 mail pieces per hour.
    --  Increased mail throughput from greater system reliability, fewer jams
        and outsorts.
    --  Immediate compliance with the USPS digital meter migration mandate.

"The DM Infinity(TM) Series Roll-Up System is a must-have for financial institutions who want to save significant money on postage and increase productivity and do it now," said Pat Brand, vice president, Global Strategy, Product Management and Marketing for Pitney Bowes' Document Messaging Technologies division. "Our first banking customer to install the Roll-Up System as an upgrade to their existing DDA system immediately began to realize postage savings averaging at least $4,500 per month per system -- a savings of over 4%. Thanks to a combination of Pitney Bowes' unique Weigh-on-the-Fly(TM) technology, in conjunction with our high speed, resettable DM Infinity(TM) Series meter, the DM Infinity(TM) Series Roll-Up System delivers the 'one-two punch' that our customers are looking for: greater productivity and significantly reduced postage costs."

Along with the recently introduced DM Infinity(TM) Series Digital Mailing System, the DM Infinity(TM) Series Roll-Up System is another Pitney Bowes solution that helps high-volume mailers achieve immediate compliance with the USPS(R) digital meter migration mandate.

Demonstrations of the DM Infinity(TM) Series Roll-Up System are available at the Pitney Bowes Document Messaging Technologies Open House, being held June 14-15, 2005 in Danbury, Connecticut.

About Pitney Bowes

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 Owners Association'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 .

     Media Contact:
     Colette Cote
     Tel: 203 570 6061
     Colette.cote@pb.com


SOURCE  Pitney Bowes Inc.
    -0-                             06/14/2005
    /CONTACT:  Colette Cote of Pitney Bowes Inc., +1-203-570-6061,
Colette.cote@pb.com /
    /Web site:  http://www.pb.com /
    (PBI)

CO:  Pitney Bowes Inc.
ST:  Connecticut
IN:  CPR ITE MLM STW NET FIN
SU:  PDT

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