Pitney's Danbury Facility is its First in the U.S.

STAMFORD, Conn., Thursday, December 11, 2003 - Pitney Bowes Inc. (NYSE:PBI) announced today that its Document Messaging Technologies (DMT) facility, located in Danbury, Conn., has received ISO 14001 certification for its Environmental Management System (EMS). The registration was issued by BSI, an accredited third party registrar for the International Standard Organization (ISO). With this certification, Pitney Bowes has demonstrated its EMS program has conformed to ISO standards for effectively managing, controlling and documenting the DMT facility's impact on the environment.

"This program, which began nearly two years ago, is a significant achievement in Pitney Bowes' efforts to consistently improve our impact on the environment and to benefit business operations," stated Amy C. Corn, vice president, Secretary and Chief Governance Officer, Pitney Bowes. "As we expand our global reach, we are proactively making sound investments in environmental management systems that can positively impact those areas where we do business. In addition to the Danbury EMS program, Pitney Bowes supports the development of environmentally friendly renewable electricity by purchasing renewable energy credits equivalent to 10% of it's U.S. and U.K. home office electricity consumption. The company has been recently recognized by the U.S. EPA as one of its WasteWise program's Partner of the Year for excellence in solid waste reduction."

The EMS Planning team, along with over a dozen employees from across the Pitney Bowes enterprise, worked throughout 2002 and 2003 to identify nearly 80 of the facility's activities that would have an environmental impact - all of which were evaluated and scored. The activities' impacts were then reviewed and ranked, and top priorities formed the basis of an improvement plan. The improvement plan defined objectives and targets to be addressed by the business. Key objectives addressed included:

• Reducing paper consumption
• Reducing Facility Energy Consumption
• Reducing Non-Reusable Incoming Packaging
• Utilizing Environmentally-Preferable Paper Procurement Practices
• Ensuring compliance with packaging rules and regulations
• Expanding product stewardship opportunities with respect to the product's end of life
• Improving product stewardship opportunities with respect to product design and development

The Pitney Bowes DMT facility is Pitney Bowes' production center for the design and assembly and testing of high-volume, high-speed mail inserters and mail creation products. The facility also houses software development and its docSense® business. The DMT facility in Danbury, CT is first in the U.S. to receive ISO 14001 certification. The Pitney Bowes Global Mailstream Solutions facility in Harlow, U.K. received certification to ISO 14001 in 1997.

ISO (International Organization for Standardization) is the source of the ISO 9000 and ISO 14000 families of quality and environmental management standards and some 14,000 International Standards for business, government and society. ISO is a network of national standards institutes from more than 140 countries working in partnership with international organizations, governments, industry, business and consumer representatives. More information is available at www.iso.org

Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $4.4 billion company helps organizations of all sizes engineer the flow of communication to reduce costs and increase impact, and enhance customer relationships. The company's 80-plus years of technological leadership has produced many major innovations in the mailing industry and more than 3,500 active patents with applications in a variety of markets, including printing, shipping, encryption, and financial services. With approximately 33,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations.

Contact
Christopher Tessier
Manager, Public Relations
203-351-7210
Christopher.Tessier@pb.com

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