STAMFORD, CT & NEW YORK, NY, December 7, 2006 – Pitney Bowes Management Services (PBMS), a wholly-owned subsidiary of Pitney Bowes Inc. (NYSE:PBI), and NewlineNoosh (NLN), a leading provider of print sourcing and procurement solutions, have entered into a strategic alliance that will enable PBMS to expand the mailstream services it currently offers customers to now include commercial and marketing print.

Under the terms of the agreement, PBMS can sell NLN managed services for print at its more than 1,600 customer locations in the U.S. NLN's services complement PBMS' existing print communications, print asset management, centralized reprographic management and best site services offerings.

This alliance broadens the pool of providers available to PBMS clients for production of marketing collateral, client communications such as on-boarding kits, and other critical mailings. Additionally, Newline's unique reporting capabilities provide clear visibility to managed program costs and supply.

"Our strategic alliance with NewlineNoosh gives us the ability to offer our customers a truly holistic approach to managing their print needs," said Greg Van den Heuvel, president, Sales, Marketing & Solutions, PBMS. "NewlineNoosh's technology, people and processes give us a competitive edge in the value we offer customers through continual mailstream process improvements, significant cost savings and operational efficiencies."

"Pitney Bowes is an industry bellwether with a track record of delivering solutions that turn the mailstream into a profit engine for its customers," said Peter Faucetta, Sr., chairman and CEO of NLN. "We are thrilled by this alliance and look forward to a successful relationship."

For companies such as Unilever, the ability to view print spent and subsequent cost savings throughout the enterprise is key. "The real secret to achieving the consistency and cost reductions we were looking for was to implement and enforce an end-to-end process across all brands and divisions," noted Robert McKay, manager of Outsourced Services for Unilever. "We began to recognize that in order for any solution to achieve our business goals, the solution had to provide the ability to work collaboratively, not only with Unilever staff, but across the entire print supply chain, including our diverse group of agencies."

NewlineNoosh delivers Print Category Management Services that dramatically lower costs while achieving peak efficiency & speed to market for print & direct mail projects. NewlineNoosh customers include Genworth Financial, Honeywell Consumer Products Group, Star Tribune Company and many other leading enterprises. For more information, please visit www.nlnglobal.com.

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 $5.6 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.

NewlineNoosh and Noosh are the trademark and service mark, respectively, of NewlineNoosh, Inc. Other trademarks appearing in this release are the property of their holders.