STAMFORD,
Conn., September 24, 2002 -- Pitney Bowes Inc.,
(NYSE: PBI), a leading provider of global integrated
mail and document management solutions, launches today
D3 Advantage, the newest addition to the company's line
of digital document delivery software. The new solution
helps businesses decrease the total cost of ownership
of digital document presentment, an issue that has slowed
the growth of the electronic distribution of bills,
invoices and statements, by allowing implementers to
modify existing functionality without violating the
integrity of the core product.
"D3
Advantage is a digital presentment solution with the
features and functionality to handle the essential core
requirements of digital delivery," said Karl Schumacher,
president of Pitney Bowes. "It was architected to be
more easily customized and integrated within the customers
environment. For example, a new module with a graphical
user interface called WorkBench helps authorized users
configure an EBPP presentment site on their desktop
browser."
Cost/benefit
analysis by noted industry analysts has drawn a direct
correlation between the knowledge of multiple, complex
legacy billing systems and the likelihood of completing
integration projects on time and on budget, which is
a major factor in determining the return on investment
the technology delivers to the enterprise.
"Pitney
Bowes approaches the digital presentment market from
a document lifecycle management perspective with best
of breed technology, unsurpassed expertise with print
streams, top notch professional services capabilities
and a solid grounding in the legacy print world," said
Karl Schumacher. "Our solutions help customers with
eCommerce integrations that raise digital presentment
above simple, one-dimensional transaction solution."
With
two million business customers representing every vertical
industry in 130 countries, Pitney Bowes offers well-established
capabilities upon which to build a vertically- focused
digital presentment business. For example, Pitney Bowes
has long deployed large-scale transaction-based secure
systems for some of the largest providers of healthcare
insurance, providing communication solutions that reduce
costs, increase revenue and ensure regulatory compliance.
D3
Advantage Healthcare offers presentment of Explanation
of Benefits (EOB) in alignment with HIPAA regulations
for companies seeking to securely enhance their employee
relationship management capabilities related to group
health insurance.
"Pitney
Bowes' EPP strategy is steady and methodical, no different
from that of its postage meter business, which was founded
in 1920," said Albert Pang of IDC. "As companies around
the world are slowly switching the delivery of bills
and statements to an electronic format, Pitney Bowes
will guide them along the way."
Pitney
Bowes Inc. is a $4.1 billion global provider of integrated
mail, messaging and document management solutions headquartered
in Stamford, Connecticut. Pitney Bowes is the company's
global provider of premier solutions for the creation
and distribution of efficient and effective documents
in paper and digital form. For more information, please
go to www.pb.com.
Media Contact:
Scott Gerschwer
Manager, Media Relations
203-739-3163
Scott.Gerschwer@pb.com
Analyst
Reports