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For Immediate Release

Key Details of the Pitney Bowes Internet Billing
Solution to be 
"Webcast" by Killen & Associates
Leading E-commerce Advisory Firm Offers Exclusive
30-minute Interview with Pitney Bowes Expert on
Electronic Bill Presentment and Payment 

DANBURY, CT (January 12, 2000) -- The Production Mail and Document Factory Solutions Division of Pitney Bowes Inc. (NYSE:PBI) today announced that an exclusive report on the Pitney Bowes Internet billing solution will be webcast by Killen & Associates, a leading e-commerce advisory firm. 

The report will be available beginning Wednesday, January 12th, and will feature an interview with Karl Schumacher, Vice President and General Manager for Pitney Bowes' Document Factory Solutions and the chief architect of the Pitney Bowes Internet billing strategy. The webcast will be available at www.killen.com

"Killen & Associates has quickly developed a deep understanding of the intricacies of various bill presentment and payment strategies," says Karl Schumacher, "and is proving to be of great assistance to billers searching for flexible and effective solutions." 

"We expect Pitney Bowes to be a significant player in all phases of Internet billing in both the near and long term due to their strength in technology and their current involvement in the hard copy billing processes of major high-volume mailers worldwide," says Michael Killen, Founder and Chairman of Killen & Associates. 

Pitney Bowes' hardware and software solutions currently assist the world's leading 2000 business enterprises with processing high-volume, high-integrity customer-based communications via hard copy mail, and feature critical valued-added capabilities such as intelligent inserting and print stream manipulation. 

The Pitney Bowes Internet billing solution, which is encompassed by the firm's new Digital Document DeliveryTM (D3) capability, offers high-volume mailers "a natural extension of their current billing processes and a biller-friendly approach," says Killen. 

The webcast by Killen & Associates continues an effort by Pitney Bowes "to utilize all knowledge-based communications channels to present the firm's Electronic Bill Presentment and Payment (EBPP) capabilities to the marketplace," says Schumacher. 

With offices in Palo Alto (CA), London, and Zurich, Killen & Associates is the global leader in tracking and forecasting business opportunities created by the advances of the Internet. For more information, visit www.killen.com