CUNA Mutual Selects Pitney Bowes to Streamline Mail and Imaging Operations

STAMFORD, Conn., Aug. 9 /PRNewswire-FirstCall/ -- Pitney Bowes Management Services (PBMS), a wholly-owned subsidiary of Pitney Bowes Inc. has been selected by CUNA Mutual Group to help streamline their mailstream operations by providing mail and imaging services for the company's Waverly, Iowa operations.

Pitney Bowes will provide inbound mail, document capture and data capture services, including incoming mail receipt, document scanning, Optical Character Recognition (OCR) correction, and document indexing and management. With these mailstream solutions and services, Pitney Bowes will enable CUNA Mutual, which currently manages its mail and document processing operations in eight disparate geographic locations, to streamline these services into one consolidated operation, based in Waverly.

"CUNA Mutual selected Pitney Bowes because of its expertise in managing mail and documents," explained Mary Bates, director, Information Technology, for CUNA Mutual. "Imaging our records enables us to operate more efficiently and effectively, and consolidating our mail and document processing operations will help us realize significant cost savings that will have a positive impact on our bottom line," she added.

"Pitney Bowes is honored to be a part of the CUNA Mutual team," stated Vincent De Palma, executive vice president and president, PBMS. "We are particularly excited to provide CUNA Mutual with our Pitney Bowes Mailworks(TM) and document management services, which help businesses improve service, lower costs and minimize risk to their enterprise. We are confident that CUNA Mutual will benefit from the significant mailstream improvements and efficiencies that Mailworks(TM) and document management services can deliver."

Recently introduced, Pitney Bowes Mailworks(TM) is a bundled solution comprising state-of-the-art technology and Six Sigma processes. Pitney Bowes Mailworks(TM) connects an organization's mailstream -- its inbound and outbound mail flows -- with core business processes to help improve customer communication, lower costs and minimize the risk associated with the flow of mail, documents and packages into, within and out of businesses and government agencies.

About CUNA Mutual Group

CUNA Mutual Group, headquartered in Madison, WI, is the leading provider of financial services to credit unions and their members worldwide. More information on the company is available on the company's Web site at http://www.cunamutual.com/.

About Pitney Bowes

Pitney Bowes provides the world's most comprehensive suite of mailstream software, hardware, services and solutions to help companies manage their flow of mail, documents and packages to improve communication. Pitney Bowes, with $5.5 billion in annual revenue, takes an all-inclusive view of its customers' operations, helping organizations of all sizes enjoy the competitive advantage that comes from an optimized mailstream. The company's 86 years of technological leadership have produced many major mailstream innovations, and it is consistently on the Intellectual Property Owners Association's list of top U.S. patent holders. With approximately 34,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information about the company can be found at http://www.pb.com/.

Media Contact: Colette Cote Pitney Bowes 203 570 6061 Colette.Cote@pb.com