Pitney Bowes Welcomes Introduction of Senate Postal Reform Legislation Collins-Carper Bill Foundation for Senate Action STAMFORD, Conn., May 21 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. expressed its appreciation today to Senator Susan Collins, Chairman of the Senate Government Affairs Committee, and Senator Tom Carper, the Committee Democrat who has taken the lead on postal reform issues, for the introduction of their version of the "Postal Accountability and Enhancement Act." The company also thanked Senators Joseph Lieberman (D-CT), Ted Stevens (R-AK), Daniel Akaka (D-HI), George Voinovich (R-OH), Richard Durbin (D-IL) and John Sununu (R-NH) for co-sponsoring the bill. "Congress has taken another significant step on the road to real postal reform," said Michael J. Critelli, Chairman and CEO of Pitney Bowes. "We welcome today's introduction of bipartisan legislation to enable the Postal Service to survive and thrive in the 21st century. We greatly appreciate the work of Committee Chairman Susan Collins and Senator Tom Carper. Chairman Collins and Senator Carper have both made postal reform a priority and have spent considerable time developing this bill," Critelli said. Critelli, who also serves as chairman of the Mailing Industry CEO Council, noted that Pitney Bowes has long supported postal reform. "The company was pleased last year when the Presidential Commission on the United States Postal Service and the Bush Administration called for enactment of comprehensive legislation. Now Congress has begun to do its part to deliver meaningful postal reform. We were pleased by last week's 40-0 vote in the House Government Reform Committee. We look forward to the Senate Government Affairs Committee expeditiously adopting its legislation. And we look forward to continuing to work with Congress to make comprehensive postal reform a reality this year," Critelli said. Pitney Bowes has called for legislation that: * Clarifies that the mission of the Postal Service is to maintain universal physical mail service at affordable rates; * Enhances private sector partnerships for the most cost effective postal system; * Encourages the Postal Service to embrace technology; * Maintains price stability while increasing pricing flexibility; and * Improves the Postal Service's tools to manage its business and employees. Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $4.6 billion company helps organizations of all sizes reduce costs, increase effectiveness 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. More information about Pitney Bowes can be found at http://www.pb.com/. Contact: Matt Broder Pitney Bowes VP, External Communications 203-351-6347 DATASOURCE: Pitney Bowes Inc. CONTACT: Matt Broder, Pitney Bowes, VP, External Communications, +1-203-351-6347 Web site: http://www.pb.com/

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