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Timko Named Chief Strategy and Innovation Officer at Pitney Bowes

<p>STAMFORD, Conn., Feb 01, 2010 (BUSINESS WIRE) -- Pitney
      Bowes Inc. (NYSE:PBI) today announced the appointment of Joseph
      Timko to the position of executive vice president and chief strategy and
      innovation officer. He succeeds David
      Dobson, who was recently named executive vice president and
      president, Pitney
      Bowes Management Services.</p>
<p>In his new role, Timko will be responsible for leading the development
      of Pitney Bowes's strategy and long-term priorities. He will also ensure
      that the company's product and system innovations are closely linked to
      these priorities in order to support the company's objectives for growth.
</p>
<p>Timko joins Pitney Bowes from the consultancy McKinsey &amp; Company, where
      he was a partner in the Technology/Telecom and Industrial Sector
      practices. He spent more than thirteen years at McKinsey, consulting to
      senior executives on strategic challenges facing a wide range of global
      technology-based firms. His engagements focused on business strategy,
      marketing and sales, business development, mergers and acquisitions,
      turnarounds, and operations.
</p>
<p>Before joining McKinsey, Timko worked for fourteen years at AT&amp;T Bell
      Laboratories and Lucent Technologies in a variety of technology and
      product management roles. Products that he developed or led the
      development of ultimately contributed more than $500 million in revenue.
</p>
<p>"Joe's expertise and strong track record as a technology expert and
      strategic leader make him an ideal fit for Pitney Bowes," said <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fnews.pb.com%2Farticle_display.cfm%3Farticle_id%3D4062&amp;esheet=6158521&amp;lan=en_US&amp;anchor=Chairman+and+CEO+Murray+Martin&amp;index=4&amp;md5=e403e699d62806fd388ada4b0467eaa3">Chairman
      and CEO Murray Martin</a>. "I look forward to working closely with him
      as we set the direction for Pitney Bowes's continued leadership in
      technology and innovation."
</p>
<p><b>About Pitney Bowes</b></p>
<p>Pitney Bowes is a global technology leader whose products, services and
      solutions deliver value within the mailstream and beyond. Founded in
      1920, the company's 35,000 employees deliver technology, service and
      innovation to more than two million customers worldwide. For more
      information about Pitney Bowes, its products, services and solutions,
      visit <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pb.com&amp;esheet=6158521&amp;lan=en_US&amp;anchor=www.pb.com&amp;index=5&amp;md5=7f4306a0cc9f35a9b176c7e969942ecf">www.pb.com</a>.
</p>
<p>Photos/Multimedia Gallery Available: <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.businesswire.com%2Fcgi-bin%2Fmmg.cgi%3Feid%3D6158521%26lang%3Den&amp;esheet=6158521&amp;lan=en_US&amp;anchor=http%3A%2F%2Fwww.businesswire.com%2Fcgi-bin%2Fmmg.cgi%3Feid%3D6158521%26lang%3Den&amp;index=6&amp;md5=373d29ac1775088ee539289ac9ca24b6">http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6158521&amp;lang=en</a></p>
<p><img alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20100201005175r1&amp;sid=cmtx2&amp;distro=nx"><span class="bwct31415"></span></p>
<p>SOURCE: Pitney Bowes Inc.
</p>
<p>
Pitney Bowes Inc.<br>Matt Broder, 203-351-6347<br>Vice President, External Communications<br><a href="mailto:matthew.broder@pb.com">matthew.broder@pb.com</a></p>