U.S. House of Representatives Overwhelmingly Approves Bill

STAMFORD, Conn., July 26 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. (NYSE: PBI) applauded today's action by the U.S. House of Representatives in approving postal reform legislation by an overwhelming majority. The vote for the legislation (H.R. 22) was 410-20.

"Today's action by the House is great news for the American mailing public, the 9 million people employed in the U.S. mailing industry, and for the ability of the Postal Service to make mail a competitive communications medium in the 21st century," said Michael J. Critelli, Chairman and CEO of Pitney Bowes. "I applaud the hard work of Chairman Tom Davis, Ranking Member Henry Waxman, Representatives John McHugh and Danny Davis, along with the other members of the House Government Reform Committee. Their dedication to postal reform led to this momentous step today when the House passed H.R. 22. Now we turn our attention to further consideration and action by the full Senate."

    Pitney Bowes has called for legislation that:

     * Clarifies that the mission of the Postal Service is to maintain
       universal physical mail service at affordable rates;
     * Enhances private sector partnerships for the most cost effective postal
       system;
     * Encourages the Postal Service to embrace technology;
     * Maintains price stability while increasing pricing flexibility; and
     * Improves the Postal Service's tools to manage its business and
       employees.

Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $5.3 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 .

     Contact:  Matt Broder
               Pitney Bowes
               VP, External Communications
               203-351-6347


SOURCE  Pitney Bowes Inc.
    -0-                             07/26/2005
    /CONTACT:  Matt Broder, VP, External Communications of Pitney Bowes,
+1-203-351-6347/
    /Web site:  http://www.pb.com /
    (PBI)

CO:  Pitney Bowes Inc.
ST:  Connecticut
IN:  OFP
SU:  LEG

AA
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9074 07/26/2005 22:54 EDT http://www.prnewswire.com