STAMFORD, Conn.--(BUSINESS WIRE)--Dec. 15, 1999--

Company to Offer Two PC-based Postage Solutions for Small Businesses

Pitney Bowes Inc. (NYSE: PBI) announced that it has received approval from the U.S. Postal Service to begin the final phase of beta testing for ClickStamp(TM) Online and ClickStamp(TM) Plus, its two PC-based postage products for small businesses. This approval expands testing to small business owners nationwide, and is the last stage before market launch.

ClickStamp(TM) Online, an Internet-enabled solution, and its hardware-based counterpart, ClickStamp(TM) Plus, are part of the PitneyWorks(TM) comprehensive suite of mailing, shipping, messaging, marketing and financial products that Pitney Bowes offers to small businesses. Both products allow users to instantly access postage, 24 hours a day, and print it onto envelopes from a standard ink jet or laser printer. Postage is printed in the form of a "digital stamp," as required by the U.S. Postal Service's Information Based Indicia (IBI) Program.

ClickStamp(TM) Online, for frequent Internet users, downloads and prints postage while online. ClickStamp(TM) Plus is for those who want to store postage, downloaded via phone modem or the Internet, in a secure vault attached to their PC, and print as needed. Both are quick, accurate and secure. In addition, ClickStamp(TM) Online and ClickStamp(TM) Plus offer:

--Address verification to ensure accurate and speedy delivery

--Mail list management

--Design capabilities to produce professional looking envelopes every time

"Through extensive Pitney Bowes research, we know that small business owners don't all operate alike, and that they need products that work the way they do. Using our patented technology, we have developed both a hardware and web-based solution to better serve this diverse market," said William Shannon, Vice President of Product Planning, Small Business Solutions Group. "Our two solutions have been developed to work in tandem with an entire suite of solutions that address the critical needs of small businesses."

These products and services will be available under PitneyWorks(TM), a newly launched brand dedicated to small business. PitneyWorks(TM) draws on the company's innovative product development and market expertise in providing total solutions for the small office / home office market.

Small business tools from PitneyWorks(TM) include a digital postage meter designed to work with all types of mail and offering "24/7" access to postage refills via a built-in phone modem, and an Internet shipping service that determines the most cost-effective and timely way to send mail or packages overnight. To help small businesses attract and retain customers, PitneyWorks(TM) provides direct marketing software programs and services, including an online "one-stop" service to create direct mail, and a revolutionary web-based service that allows businesses to select and download lists of qualified customers. In addition, PitneyWorks'(TM) financial solutions offer lines of credit to help small businesses enhance their cash flow management and finance critical needs.

Pitney Bowes Inc. is a $4.2 billion global provider of informed mail and messaging management solutions. For information on the PitneyWorks(TM) suite of small business solutions or to sign up to beta test one of the ClickStamp(TM) products visit http://www.pitneyworks.com.

     CONTACT: Pitney Bowes Inc.
              Amina O'Farrell, (203) 326-6148
              ofarream@pb.com
              or
              Cunningham Communication, Inc.
              Melissa Zaniboni, (617) 494-8202
              mzaniboni@ccipr.com