Business Editors

    NEW YORK--(BUSINESS WIRE)--April 15, 1999--

    Pitney Bowes Alleviates Tax Time Stress By Providing Free Postage
    To Last Minute Tax Filers

    The Mailing Systems Division of Pitney Bowes Inc. (NYSE:PBI) brought their new Galaxy high-speed digital mailing systems to the streets of New York City to provide free postage to last minute tax filers, and to prove that the Galaxy(tm) System can stand up to the challenge of the tax time crunch.

The Galaxy(tm) System is the first high-speed, digital meter approved by the Postal Service. Featuring encryption technology and single circuit design, Galaxy is the most advanced and secure metering system in the world. Equipped with Weigh-On-The-Way(tm) technology (W-O-W(tm)), the Galaxy(tm) System virtually eliminates the need for off-line sorting by weight. Mail pieces of varying weights (up to 13 oz.) and thickness (up to 1/2") can be intermixed and processed in one continuous stream. This feature proved especially helpful in processing the odd assortment of tax returns presented for mailing.

"To develop the Galaxy we merged the best of all our existing technology with over 60 new patents to launch a new era of mailing efficiency. By using leading-edge technology to deliver quiet operation, maximum productivity and ease of use, Pitney Bowes has developed mailing systems that are truly perfect for the mid-volume market. The Galaxy(tm) Mailing System handled the tax time crunch with ease. Just imagine what this system can do in an office environment under normal circumstances," said Kevin Weiss, Vice President, Marketing, Pitney Bowes Mailing Systems.

The Galaxy is aimed at mid-volume mailers, and these establishments often do not have a dedicated mail center. However, ultra-fast inkjet printers make the Galaxy whisper quiet, allowing it to be operated in any area of the office. And because many office environments do not have dedi cated mail-processing personnel, the Galaxy(tm) System is also easy to run - even for the occasional user.

"By providing last minute tax filers with free postage, we not only proved how well our Galaxy(tm) System handled mixed mail in demanding conditions, but we were also able to give something back to New York City customers for their support over the years," Weiss added.

Pitney Bowes is a $4.2 billion premier provider of informed mail and messaging management. For more information about the company, please visit our website at www.pitneybowes.com.

    --30--kam/ny*

    CONTACT: Jennifer Slackman
             or
             Scott Tangney 212-684-6300

    KEYWORD: NEW YORK CONNECTICUT
    INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
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