Triple Play--Pitney Bowes Launches
Three e-Billing Sites this Week

Danbury, Conn (June 29, 2001) -- The relatively static Electronic Bill Presentment and Payment (EBPP) industry will get a major boost as Pitney Bowes (NYSE: PBI) launches three separate EBPP sites for the Jersey Post, BHC Company, and South Central Connecticut Regional Water within one week.

The launch of the BHC site is also the one of the fastest launches completed to date. Both Connecticut implementations leverage the partnership between Pitney Bowes docSense, the software and services arm of Pitney Bowes and CheckFree, the leading provider of electronic payment services (NASDAQ: CKFR). Pitney Bowes docSense is a Certified Premier partner of CheckFree, which offers access to a comprehensive distribution and payment network of nearly 275 financial services companies.

"This is a clear sign that interest in the digital document delivery business is increasing," said Karl Schumacher, president of Pitney Bowes docSense. "Our ability to handle the requirements of three implementations underscores our continued commitment to be dominant in the EBPP and EIPP spaces for both consumers and businesses. We are exhilarated and we're very proud of our success."

"What is clear from this week's activity is that EBPP is a growth industry with a bright future and that Pitney Bowes will play an increasingly active role in that future," said Schumacher. "We are the only e-presentment vendor that can combine a global reach and financial stability with the functionality of a true Java 2 Enterprise Edition (J2EE) architecture."

Pitney Bowes Inc. is a $4 billion global provider of integrated mail, messaging and document management solutions headquartered in Stamford, Connecticut. The company serves over 2 million businesses of all sizes in more than 130 countries through dealer and direct operations. For additional information, visit the company's website at www.pitneybowes.com.

Pitney Bowes docSense is the company's global provider of premier solutions for the creation and distribution of efficient and effective documents in paper and digital form. Committed to component-based, open standards, D3 is built with XML and Enterprise Java Beans (EJB) and offers a highly scalable end-to-end solution. For more information, please go to www.docsense.com.

Media Contact:
Scott Gerschwer
Manager, Media Relations
203-739-3163
Scott.Gerschwer@pb.com