Pitney Bowes Selected for InformationWeek 500 Innovative Technology Practices Earns Pitney Bowes a Place on Listing STAMFORD, Conn., Oct. 4 /PRNewswire-FirstCall/ -- Pitney Bowes Inc (NYSE: PBI) has been named to CMP Media LLC's InformationWeek 500, a prestigious listing of the most innovative users of information technology in the United States. "We are gratified that Pitney Bowes has been named to the Information Week 500. We take great pride in our intelligent use of technology and in our creation of technology that helps drive shareholder and customer value," said Gregory Buoncontri, Chief Information Officer for Pitney Bowes. "Pitney Bowes intellectual property portfolio includes more than 3,500 patents worldwide in areas such as ticketing, cellular telephones, shipping, laser printing, encryption, and mailing," said Buoncontri, "Pitney Bowes is consistently ranked in the top 200 companies receiving U.S. patents by the Intellectual Property Owners (IPO) Association. In addition, Pitney Bowes has taken a leadership position in our use of technologies that create customer value, such as our rollout of wireless CRM to our field service staff." For 16 years, the InformationWeek 500 has tracked organizations' IT agendas, providing a unique opportunity to understand and examine their business practices across core areas of technology operations. Companies named to this list demonstrate a pattern of technological and organizational innovation. E.&J. Gallo Winery which is ranked No. 1, along with Verizon Communications and Marriott International, are some of the household names that made the list. Pitney Bowes is among the 500 companies recognized for IT innovation this year. "Tech initiatives balance between opportunistic investment and cost effectiveness," said Rusty Weston, editor of InformationWeek Research. "On average, the InformationWeek 500 will invest approximately 3.7% of their annual revenue on technology in 2004 for an average cash layout of $334 million. Business-intelligence tools, content-management software, and increased use of automated processes are widespread strategies aimed at squeezing more costs out of IT operations." "The InformationWeek 500 has also made major strides in corporate accountability in the past 12 months," said Stephanie Stahl, editor-in-chief of InformationWeek. "Compliance with government regulations such as Sarbanes- Oxley, HIPAA, and the Can-Spam Act accounts for some of the progress. Yet 99% of the nation's most innovative companies analyze the return on their IT investments and nearly 90% conduct performance assessments on existing business and technology processes, signifying that accountability among this year's 500 is as much about meeting internal expectations as it is about achieving externally imposed guidelines." The InformationWeek 500 is the most detailed source of industry-specific IT budget data. The research project gathered in-depth information directly from companies about how they approach and prioritize their IT investments. The research identified and ranked the companies following an extensive online and phone study. About Pitney Bowes 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 engineer the flow of communication to reduce costs, increase impact, and enhance customer relationships. With approximately 33,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. About InformationWeek InformationWeek helps more than 440,000 Business Technology Professionals who buy, build and manage technology drive business innovation powered by technology. In addition to the weekly magazine, InformationWeek provides a platform of information solutions including http://www.informationweek.com/, InformationWeek Research, InformationWeek Events, which includes the InformationWeek Conference for Business Technology Executives and the InformationWeek Daily, an e-mail news service. In May 2003 in conjunction with Optimize, InformationWeek launched its Media Network. The Media Network consists of Optimize and Government Enterprise, as well as its Vertical Industry Network publications - Bank Systems & Technology, Insurance & Technology and Wall Street & Technology. InformationWeek is consistently recognized for its commitment to excellence and innovation, receiving several of the industry's top media accolades including top spots in BtoB Magazine's annual Media Power 50, as well as awards from ASBPE and Circulation Management magazine. Contact: Scott Gerschwer Manager, Media Relations Pitney Bowes, Inc. 203-351-6152 DATASOURCE: Pitney Bowes, Inc. CONTACT: Scott Gerschwer, Manager of Media Relations, Pitney Bowes, Inc., 1+203-351-6152, Web site: http://www.informationweek.com/

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