Secure, Online File Sharing and Document Management Streamlines and Expedites Work on Cooperative Projects

STAMFORD, Conn.--(BUSINESS WIRE)--April 3, 2000--

Pitney Bowes (NYSE:PBI), the global leader in advanced mail and messaging management, Monday announced the launch of expedocs(TM), a premier service that offers secure, online document sharing, management and storage for collaborative workers.

Designed to address the way businesses and individuals work today, the expedocs(TM) service solves a growing problem.

Increasingly, companies rely on a fluid labor pool of talented individuals for complex project work. Consider an eight member design team comprised of acknowledged experts -- company employees and consultants with unique skills -- and all eight may reside in different locations and time zones spread around the globe. Then consider the local attorney working with clients in the community. In each situation, the individuals may be working on three or four critical projects simultaneously, so how can they manage the end-to-end process of coordinating input from all these sources into common documents? expedocs is the answer.

With technology from NetDocuments(TM), the leading provider of e-document management tools, expedocs(TM) subscribers will interact through a straightforward interface that provides browser access for users in diverse locations as well as within and across portals and corporate boundaries. With the expedocs(TM) service, individuals can access files and perform all document-related functions on the Web.

The unparalleled synchronization technology in expedocs allows users to upload documents to the shared Web folder, and continue to work and edit in their own familiar, "native" application -- from any PC with Web access. expedocs also tracks document revisions by person, time and date and automatically notifies project team members of changes or new documents. By eliminating the copying, faxing or e-mailing traditionally associated with document sharing, the expedocs(TM) service improves efficiency and allows users to concentrate on the substantive aspects of a project rather than the logistics of the document collaboration process.

"Today, competitive advantage often hangs on agility -- the speed and efficiency with which programs are executed -- and project management success often revolves around efficient communications. With expedocs, teams have a '24-7' online administrative assistant to manage and track the distribution, review and editing of documents. By removing the confusing, time-consuming drudgery of coordinating the interaction between people, collaborative program work becomes an enjoyable, hassle-free experience," said Suti Prakash, director, New Business Development, Pitney Bowes Mailing Systems.

Recognizing the security concerns associated with online document transmissions and management, expedocs features state-of-the-art security protocols such as SSL connections and 128-bit RSA encryption. On the back-end, expedocs maintains communications integrity by physically storing the servers in a commercial bank data center. In addition, the expedocs(TM) service has a disaster recovery function that protects users against the loss of important documents in the event of system malfunction.

"Our customers have been looking to us for innovative solutions to their problems for over 80 years," stated Judy Martin, vice president, Strategic Marketing, Pitney Bowes Mailing Systems. "Now we're taking our knowledge of how information is exchanged, and we are using it to create solutions in the digital world. With expedocs, 'cyber' project teams have found a more efficient, virtual workplace with the support systems that really make a difference."

Martin added, "We are also extremely pleased to have a strong technology partner like NetDocuments to support our efforts in this area. NetDocuments has a world-class, hosted infrastructure and a dynamic vision of the future that will enable us to continue to deliver cutting-edge, Web-enabled products and services to our customers."

The expedocs(TM) service is the latest addition to a suite of Web-based solutions offered by Pitney Bowes that includes ClickStamp(TM) Online for Internet postage and the iSend(TM) System for secure, online document delivery. expedocs fills an important void in the arena of Web-based products and services. In addition to general project work, we believe certain groups will find particular value in this service. Lawyers, real estate brokers and agents, marketing/communications professionals and students will benefit from expedocs, gaining a secure and affordable way to expedite and streamline critical tasks that require input from multiple sources. The ease of use, security, and efficiency of the expedocs(TM) service will change the way people work and live with documents on the Web.

"It's exciting for NetDocuments to partner with Pitney Bowes on expedocs," said Ken Duncan, chief executive officer, NetDocuments. "We believe there is huge opportunity around these applications, and it's great to see the leader in mailing systems and message management bring their customer knowledge and reach to bear in the market."

About Pitney Bowes

Pitney Bowes is a $4.4 billion global provider and worldwide leader of integrated mail and messaging management solutions that meet the increasingly complex needs of its customers in businesses of all sizes. For additional information about Pitney Bowes, visit the company Web site at www.pitneybowes.com.

About NetDocuments

Established in 1995, NetDocuments, an Application Service Provider (ASP) based in Orem, Utah, is leading the Internet industry in the move to provide a safe, reliable, easy means of storing and working with documents over the Web. With cutting-edge Web technology and 16 years of document management experience, NetDocuments is the definitive leader in this exciting new online trend. For further information about the company and management, go to www.netdocuments.com.

NetDocuments(TM) is a trademark of NetVoyage(R) Corp. d/b/a NetDocuments. All other brands and products names are the properties of their respective companies.

CONTACT: Pitney Bowes

              Jim Berkovich, 203/351-7514
              berkovji@pitneybowes.com
                 or
              Ogilvy PR WorldWide
              Iya Davidson, 212/880-5216
              iya.davidson@ogilvypr.com