STAMFORD, Conn.--(BUSINESS WIRE)--June 6, 2000--

"Pitney Bowes Technology Fellow Added to

State's Technology Brain Trust"

Pitney Bowes Inc. (NYSE) today announced that Dr. Leon Pintsov, a Pitney Bowes Fellow, was elected to the Board of Directors of the Connecticut Technology Council, a partnership of Connecticut providers and users of technology committed to growing and diversifying the state's technology base.

"I am delighted to be elected to the board of the Connecticut Technology Council," said Dr. Pintsov. "The Council is very active in shaping the robust technology industry here in Connecticut and Pitney Bowes is a perfect example of a Connecticut-based company that is pioneering technology and innovation. For 14 consecutive years, Pitney Bowes has ranked in the top 200 companies worldwide receiving U.S. patents."

The Council serves as a business advocacy group for technology and science in Connecticut. On behalf of its membership, the Council communicates with local, state, and federal government; fosters information and experience exchanges and forums; forms industry working groups including software, medical devices, web designers, biotechnology, telecommunications, manufacturing and photonics; and encourages strategic partnering and collaboration.

Dr. Pintsov is inventor and co-inventor of 36 U.S. and international patents. He was named Pitney Bowes Inventor of the Year in 1996 and 1997.

Dr. Pintsov authored and co-authored a book on computer modeling of imaging devices and over 30 publications in the fields of computer imaging, cryptographic applications and transaction cost economics. He is an internationally recognized authority in the fields of payment applications in electronic commerce and mailing, computer imaging and optical character recognition. Dr. Pintsov has been a speaker and presenter at many major international conferences on electronic commerce, public key cryptography, computer imaging, postal technology and postal economics.

In 1985, Dr. Pintsov was elected to the rank of a Senior Member of the Institute of Electrical and Electronics Engineers. He is listed in Who is Who in America in Frontiers of Science and Technology and is a member of American National Standards Institute' accredited committee X9.F1 on financial security and European Standardisation Committee (CEN) TC331 committee on postal standards. Dr. Pintsov is also a member of the Scientific Advisory Board of the Center for Applied Cryptographic Research at the University of Waterloo (Canada).

Dr. Pintsov holds a M.S. degree in Mathematics (Magna Cum Laude) from the University of St. Petersburg (Russia), Executive M.S. degree in Management Science from the Hartford Graduate Center of the Rensselaer Polytechnic Institute and Ph.D. degree in Applied Mathematics from the Institute of Telecommunication Engineering in St. Petersburg.

Pitney Bowes Inc. is a $4.4 billion global provider of informed mail and messaging management. Last year, Pitney Bowes employees volunteered over 3,200 hours for local community programs. For more information about the company, visit www.pitneybowes.com.

CONTACT: Pitney Bowes

Dan Burris, 203/351-6477

Manager, Media Relations