Pitney Bowes Opens Global Technology Center in Danbury, Connecticut

Collaborative Environment to Foster Innovation and Growth

STAMFORD, Conn., February 02, 2012 - Pitney Bowes Inc. (NYSE:PBI) today held a ribbon-cutting ceremony to commemorate the opening of its Global Technology Center in Danbury, Connecticut. The newly-renovated facility will support the Company’s continued evolution into customer communications management (CCM) to help businesses grow by building customer loyalty and increasing profitability through highly-personalized communications.

Connecticut Governor Dannel P. Malloy, Danbury Mayor Mark D. Boughton, and other federal, state and local officials, joined Pitney Bowes Chairman, President and CEO Murray Martin at the ribbon-cutting event.

The Global Technology Center brings together Pitney Bowes engineering, research and development, product management, and information technology services in Connecticut under one roof for the Company’s communications solutions businesses. This will allow for greater collaboration to build innovative hardware and software solutions, and help engineers identify ways to integrate technologies, products and services for businesses of all sizes.

Located at 37 Executive Drive, Danbury, the Global Technology Center includes approximately 300,000 square feet of space with a new open lab environment and office space, collaborative team and project space, upgraded wireless capabilities, and technology-enabled conference rooms and public areas. The Pitney Bowes Global Technology Center employs approximately 650 people.

“We are excited to celebrate the opening of our Global Technology Center in Danbury,” said Martin. “Pitney Bowes’s foundation is built on innovation. The Global Technology Center will allow Pitney Bowes to continue to fuel new ideas and technologies, and execute with agility and flexibility to respond to changing market and customer needs.”

“Pitney Bowes has been a leading technology provider and employer in Connecticut for more than 90 years, and this new Global Technology Center is another indication of their commitment to Connecticut,” said Governor Malloy. “We have made tough decisions to get our fiscal house in order and improve the state’s business climate, and those decisions are showing results in the form of a lower unemployment rate, more than 9,000 new jobs, and investments from companies like Pitney Bowes. We are working to turn around decades of economic stagnation and we welcome Pitney Bowes’s commitment and dedication to reinventing Connecticut.”

“Danbury is thrilled that Pitney Bowes has chosen to expand its operations in our city,” said Mayor Boughton. “Pitney Bowes has been a long-standing member of our business community and we look forward to continuing to work together.”

As a global enterprise, Pitney Bowes is integral to the business processes of nearly two million organizations worldwide. Representative clients include more than 90 percent of the Fortune 500 firms; local, regional and national governments in scores of countries; global giants in the health care, insurance, financial services, and telecommunications industries; and hundreds of thousands of smaller firms.

Providing innovative solutions that help organizations improve operational efficiency and enhance the value they bring to their clients' communications is key to the firm’s success. Pitney Bowes continues to invest in R&D and strategic partnerships to bring advanced technology to the market. In 2010, the Company’s R&D investment was USD$156 million.

In the past year, Pitney Bowes launched a series of new products and services that help organizations enhance communications and make them more personal. These include: the cloud-based pbSmart™ suite of marketing communication solutions; and the EngageOne Liaison™ solution for customer analytics, billing intelligence and electronic bill presentment and payment. In addition, Pitney Bowes announced the Volly™ secure digital delivery service and expanded its family of IntelliJet™ high-speed digital color printing systems.

In 2010, Pitney Bowes also acquired Portrait Software, a leading global provider of advanced marketing and customer analytics software, and launched the Connect+™ Customer Communications Series.