Company Selected to "Leaders" Category in Global Outsourcing 100

                                 List

STAMFORD, Conn.--(BUSINESS WIRE)--Feb. 28, 2007--Pitney Bowes (NYSE: PBI) announced today that it has been selected in the "Leaders" category of "The 2007 Global Outsourcing 100," a list of the top global outsourcing service providers produced annually by the International Association of Outsourcing Professionals (IAOP).

"The companies in this year's Global Outsourcing 100 list represent the elite of our field. They hail from every corner of the globe and provide an extensive array of cutting-edge services. Through the program's application and review process, they have proven themselves to be the best at what they do," said Michael F. Corbett, chairman, IAOP.

"We are honored to be recognized among the world's best outsourcers," commented Stacy DeWalt, vice president, Vertical Market Development and Strategic Marketing, Pitney Bowes Management Services (PBMS), a wholly-owned subsidiary of Pitney Bowes Inc. "The services we provide at more than 1,625 on-site customer and other best-site locations represent what we believe are the most comprehensive mailstream solutions in our industry today, and we are committed to providing leading-edge offerings that drive customer value and satisfaction."

The Global Outsourcing 100 is devoted to featuring the best of today's leading outsourcing service providers and tomorrow's rising stars. Companies selected to the list must demonstrate excellence in categories such as size and growth, customer experience, depth and breadth of competencies, and management capabilities. The Global Outsourcing 100's rigorous application and judging processes help define the standard for excellence in outsourcing service delivery.

Pitney Bowes provides the world's most comprehensive suite of mailstream software, hardware, services and solutions to help companies manage their flow of mail, documents and packages to improve communication. Pitney Bowes, with $5.7 billion in annual revenue, takes an all-inclusive view of its customers' operations, helping organizations of all sizes enjoy the competitive advantage that comes from an optimized mailstream. The company's 86 years of technological leadership have produced many major mailstream innovations, 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 www.pb.com.

    CONTACT: Pitney Bowes
             Colette Cote, 203-351-6132
             Colette.cote@pb.com
             Or
             Marianne Fulgenzi, 203-326-6118
             marianne.fulgenzi@pb.com

    SOURCE: Pitney Bowes