Pitney Bowes - Document Messaging Technologies

Stamford, Conn., January 18, 2005  Pitney Bowes Inc. (NYSE: PBI) today introduced the DM Infinity™ Series Digital Mailing System, a new family of digital mailing products for the production mail industry. The DM Infinity™ Series is the only digital meter family in the world that can meter up to 22,000 mail pieces per hour and meet the demanding reliability and durability requirements of production mailers.

“Production mailers are under extreme pressure to increase the efficiency and effectiveness of their customer communications,” said Patrick Brand, Vice President, Global Strategy, Product Management and Marketing, Pitney Bowes Document Messaging Technologies. “The DM Infinity™ Series was designed to enable mailers to produce more mail in less time with greater results.”

Traditional digital printing technology requires periodic stoppages to perform self- maintenance. The DM Infinity™ Series employs an innovative two print head design, which enables virtually non-stop printing performance even in the highest production volume environments. When combined with Pitney Bowes Advanced Productivity Inserting System (APS), customers can now meter up to 22k mail pieces per hour with one small footprint.

Most production mailing systems currently utilize multiple meters to handle high speed mixed weight metering. This results in a significantly increased footprint and potentially reduced reliability. The DM Infinity™ Series’ Reset-On-The-Fly™ technology, however, processes mixed weight mail with one small footprint at up to 18k mail pieces per hour.

More About the DM Infinity™ Series
Pitney Bowes’ patented IntelliLink® Technology combines with the DM Infinity™ Series’ advanced digital printing capabilities enabling mailers to download and print messages at the touch of a button. Customers can now easily enhance the value of mail with personalized messages, slogans and endorsements, thereby increasing the effectiveness of customer communications.

New York Life Insurance Company of Lebanon, New Jersey was one of several beta sites for the DM Infinity™ Series that recognized its benefits as a result of the implementation. "This innovative technology enables us to have more effective and efficient communications with our policy holders," said Harry DeHaven Corporate Vice President, New York Life Insurance Company. "As a result, this puts us in a place where we can be even more responsive to satisfying their needs.”

The DM Infinity™ Series is affordable for the production mail market. Production mailers typically induct mail under controlled acceptance procedures. The DM Infinity™ Series leverages a new smaller indicia for controlled acceptance mail that uses approximately 50% less ink than traditional inkjet metering systems. Also, through the use of a unique black ink formulation the DM Infinity™ Series uses less ink per meter impression while maintaining readability.

Broadly compatible with both existing Pitney Bowes and competitive production mail inserting systems, the DM Infinity™ Series enables mailers to continue to enjoy the benefits of metered mail at higher speeds and with increased reliability.

The DM Infinity™ Series fully complies with meter migration mandates for production mailers in the United States, which require conversion from mechanical to digital printing solutions.

The DM Infinity™ Series includes three models:

The DM Infinity™ Series also integrates with Enterprise wide postage accounting solutions including DFWorks™ Postage Accounting and OMS-NT.

Pitney Bowes Inc. is the world’s leading provider of integrated mail and document management systems, services and solutions. The $4.8 billion company helps organizations of all sizes to efficiently and effectively manage their mission-critical mail and document flow in physical, digital and hybrid formats. Its solutions range from addressing software and metering systems to print stream management, electronic bill presentment and presort mail services. The company’s 80-plus years of technological leadership have produced many major innovations in the mailing industry and more than 3,200 active patents with applications in a variety of markets, including printing, shipping, encryption and financial services, and it is consistently on the Intellectual Property Owner’s list of top U.S. patent holders. With approximately 33,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information about the company can be found at www.pb.com.

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