Pitney Bowes Unveils D3 Advantage
D3 Advantage is an Easily Configurable
Digital Document Delivery Application

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