STAMFORD, Conn.--(BUSINESS WIRE)--March 29, 2000--Pitney Bowes Inc. (NYSE:PBI), the world's leading developer of mailing technologies, announced today that it has received approval from the U.S. Postal Service to commercially launch ClickStamp(TM) Online Internet postage. ClickStamp(TM) Online is the first in a series of Pitney Bowes' Internet postage products to be introduced for the small business and small office/home office (SOHO) segments. With ClickStamp(TM) Online, small business owners can instantly download and print postage from their PCs. Internet postage is the latest offering in the PitneyWorks(SM) suite of small business tools, which also includes direct mail services, lead generation, finance and shipping services.

"PitneyWorks is pleased to add ClickStamp Online to our suite of web-enabled services--further strengthening our position as the premier provider of essential business utilities to the small business and SOHO markets. We see this as a tremendous opportunity to serve the large number of businesses that are currently using stamps," said Lisa DeBois, president of PitneyWorks.

With ClickStamp(TM) Online, small businesses can instantly access postage via the Internet twenty-four hours a day, seven days a week. Postage is printed in the form of a "digital postage," as required by the U.S. Postal Service's Information Based Indicia (IBI) Program. Using three basic office tools--a PC, an Internet connection and an inkjet or laser printer-- small businesses can print First Class Mail, Priority Mail, Express Mail and Parcel Post.

ClickStamp(TM) Online is designed to help small businesses present a more professional, high-tech appearance. It allows business owners to customize their letters and packages with logos and messages. Along with designing envelopes, business owners can also use ClickStamp(TM) Online for mail list management and to verify addresses and calculate postage.

Customers can register for ClickStamp(TM) Online at www.pitneyworks.com.

Pitney Bowes Inc. is a $4.4 billion global provider of informed mail and messaging management solutions. PitneyWorks(SM) is the group within Pitney Bowes that is dedicated to providing Internet product and service offerings to help small businesses work smarter. The small business tools from PitneyWorks(SM) include:

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-- ClickStamp(TM) Internet postage solutions allow users to

     generate, address and print postage directly from their printers:
     ClickStamp(TM) Online is for small business owners who want to
     download and print postage while online; ClickStamp Plus(TM) will
     be for those who want to download postage from the Internet to a
     secure vault attached to their PC, and print as needed;

--   ValueShip(TM), an Internet-based tool that determines the most
     cost-effective and timely way to ship a package;

--   DirectNET(TM), a "one stop" Internet-based printing and mailing
     services. DirectNET(TM) provides customers with free template
     software to help them design mail pieces which can then be sent
     online to Pitney Bowes with a mailing list for printing,
     addressing and mailing anywhere in the U.S. within three business
     days.

--   TargetProspects(TM), an Internet-based tool that provides lists
     of pre-qualified customers to small businesses; and

--   Business Rewards(SM) Visa(R) credit card to help small businesses
     enhance their cash flow management and to finance critical needs.

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For more information on the PitneyWorks(SM) suite of small business solutions, visit www.pitneyworks.com.

CONTACT: Pitney Bowes Inc.

             Amina O'Farrell, (203) 326-6148
             ofarream@pb.com
             or
             Cunningham Communication, Inc.
             Allison McGuigan, (617) 494-8202
             amcguigan@cunningham.com