Pitney Bowes Forms New Global E-commerce Business Group

  Pitney Bowes Forms New Global E-commerce Business Group

              Craig Reed Named Vice President, Global E-commerce

Business Wire

STAMFORD, Conn. -- October 24, 2012

Pitney Bowes Inc. (NYSE: PBI) today announced it has formed a new global
e-commerce business group that will focus on growing its international
e-commerce solutions and cross-border parcel services to help retailers create
a seamless online purchasing and shipping experience for consumers. In
addition, Craig Reed has been appointed to the position of vice president,
Global E-commerce and will oversee the overall strategy, sales, and business
development of this new international group. Reed will continue to report to
Jay Oxton, president of Mail Services at Pitney Bowes.

Pitney Bowes has been in the cross-border shipping market since 2004. During
the last few years, the Company has been focusing on the cross-border parcel
space to meet the growing needs of retail customers as they expand their
businesses around the world. The Company’s Software as a Service (SaaS)
solutions help retailers sell to international customers, reduce the
challenges associated with international e-commerce, and grow their business.

“The e-commerce and cross-border parcel market space is primed for tremendous
growth and our new global e-commerce business group will help Pitney Bowes
continue to expand the reach of our services to help retailers access global
markets,” said Oxton. “I am very pleased that Craig Reed will be leading this
exciting business for Pitney Bowes. He possesses a wealth of knowledge and
experience in international e-commerce and we look forward to his future
contributions to the business.”

Reed’s range of experience in delivering technology and services in the
e-commerce space includes strategy, business development and operations,
having come to Pitney Bowes in 2005 through the acquisition of Borderfree’s
Clearpath Technology. During his tenure at Borderfree, Ltd., Reed was
president of the company, and held a variety of additional senior management
roles in business development and operations. His experience also includes
working as a senior management consultant at Monitor Company in Ontario,

Pitney Bowes works with several leading retailers on international e-commerce.
Earlier this year, Pitney Bowes announced that PPR Group will use its
e-commerce technology and international shipping services to expand the online
global reach of some of its luxury brands. In addition, Pitney Bowes is
collaborating with Billy Reid, Isaay.com and Rickshaw Bagworks on
international e-commerce and shipping services to help offer a seamless and
convenient cross-border purchasing experience for international buyers.

Pitney Bowes also works with leading e-commerce platform providers including
Demandware, Magento, NetSuite, ShopVisible and Wipro Technologies to help make
it easy for retailers to launch their products internationally. Pre-built
extensions to Pitney Bowes’s e-commerce solutions save retailers integration
time and money and allows them to focus on growing their business.

Pitney Bowes offers a comprehensive suite of e-commerce solutions for
international sales. The company’s Software as a Service (SaaS) solutions help
leading retailers sell to international customers, reduce the challenges
associated with international e-commerce, and grow their business. The Pitney
Bowes e-commerce services suite offers an array of API-driven (Application
Programming Interface) web services to facilitate cross-border sales to 90
countries. Through one integration, retailers can access services including:
duty and tax calculation, fully landed and guaranteed costs at checkout,
customs and brokerage management, import and export management, optimized
global shipping, international address validation, denied parties screening,
and parcel protection. For more information, visit www.pb.com/ecommerce

About Pitney Bowes:

Delivering more than 90 years of invention, Pitney Bowes provides business
communications software, mailing systems and services that integrate physical
and digital communications channels. Long known for making its customers more
productive, Pitney Bowes is increasingly helping other companies grow their
business through advanced customer communications management. Pitney Bowes is
a $5.3 billion company with 29,000 employees worldwide. Pitney Bowes: Every
connection is a new opportunity™. www.pb.com


Pitney Bowes Inc.
Karen King, 203-351-6189
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