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Pitney Bowes' Second PC Postage™ Product Receives Approval from United States Postal Service for Use In Washington, D.C. and California

ClickStamp™ Online Joins PitneyWorks' Suite
of Internet-Enabled Small Business Solutions

STAMFORD, CT (September 20, 1999) - Pitney Bowes Inc. (NYSE: PBI), announced that it has received approval from the U.S. Postal Service to begin Phase II beta testing of ClickStamp™ Online, the most recent addition to the PitneyWorks family of Internet-enabled solutions Pitney Bowes offers to small businesses. ClickStamp™ Online, one of two PC Postage™ products by Pitney Bowes, will provide customers with the ability to purchase and print postage over the Internet.

Pitney Bowes Inc. is a $4.2 billion global provider of informed mail and messaging management. For more information about Pitney Bowes' full range of services and products, please call 1-800-640-7058. Customers interested in ordering a Personal Post™ postage meter or to sign up to beta test one of Pitney Bowes' new products can visit http://www.pitneyworks.com or call 1-800-446-6406.