06.10.2005 16:42:00

Pitney Bowes Appoints Treasurer

STAMFORD, Conn., Oct. 6 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. announced the appointment of Helen Shan to the position of Vice President and Treasurer. She will report to Bruce Nolop, Executive Vice President and Chief Financial Officer.

As Vice President and Treasurer, Ms. Shan will lead all of the company's treasury operations worldwide, including capital markets, cash management, insurance, and trust investments and pension fund management. She joins Pitney Bowes after 13 years in banking at J.P. Morgan Securities Inc. and Salomon Brothers Inc. Her most recent role at J.P. Morgan was as Managing Director, Diversified Industries, where she was the client executive responsible for the relationship management of a portfolio of Fortune 500 industrial and business services companies including Pitney Bowes. Ms. Shan earned her dual undergraduate degrees from the Wharton School of Business and the School of Applied Science and Engineering at the University of Pennsylvania. She received her MBA from the Johnson School of Business at Cornell University.

This appointment supports the company's commitment to delivering shareholder value according to Mr. Nolop, "Helen's expertise in capital structure management and optimizing return on investment should serve our shareholders well."

Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $5.3 billion company helps organizations of all sizes efficiently and effectively manage their mission-critical mail and document flow in physical, digital and hybrid formats. Its solutions range from addressing software and metering systems to print stream management, electronic bill presentment and presort mail services. The company's 85 years of technological leadership have produced many major innovations in the mailing industry, and it is consistently on the Intellectual Property Owner's list of top U.S. patent holders. With approximately 35,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. Visit http://www.pb.com/ for more information on the company.

Contact: Sheryl Battles VP, Corporate Communications 203-351-6808

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