Pitney Bowes Launches SecLingua to Bring Security Technology to Healthcare

  Pitney Bowes Launches SecLingua to Bring Security Technology to Healthcare

        Veteran Entrepreneur Matthew Smith to serve as President & CEO

Business Wire

STAMFORD, Conn. -- December 06, 2012

Pitney Bowes Inc. (NYSE: PBI) today announced the launch of SecLingua Inc., a
security technology company that will develop embedded security solutions for
healthcare applications. SecLingua Inc. has worldwide rights to apply the
Pitney Bowes Secure Evidencing Platform (SEP) in the wide variety of
healthcare settings where data privacy, integrity, and secure payments are
required. The SEP platform incorporates the same proprietary security
technology that is used in all Pitney Bowes postage meters. This technology
provides for extreme protection against physical, electronic, and
software-based attacks and is trusted today to protect billions of dollars in
postage transactions worldwide.

SecLingua will identify applications in multiple sectors of the healthcare
market including instrumentation and equipment, pharmaceuticals, electronic
medical records, healthcare provider services, and related government services
and systems. The SEP technology provides highly secure, tamper-responding
physical security along with a robust, extensively-tested and scalable
management infrastructure. This unique combination will bring a new level of
security and integrity to medical applications and enable new capabilities and
revenue models. In addition to providing access to the SEP technology,
SecLingua Inc. will provide system design and integration support to enable
designers to take full advantage of a new level of security capabilities.

In announcing the formation of SecLingua and the affiliation with Pitney
Bowes, Brian Romansky, director, new business opportunities for Pitney Bowes,
stated “Our investment in healthcare information security technology marks a
new format for Pitney Bowes in bringing a market-leading technology to a new
field.”

Matthew Smith, of Stamford, Conn., will serve as President and CEO of
SecLingua. Smith has a multifaceted range of healthcare experiences, notably
in incubator and business startup environments. Smith served as an advisor to
a Connecticut-based private equity/venture firm as well as the boards of
several healthcare companies. Prior to his current activities, Smith was
Managing Director, Investments, at Connecticut Innovations, Inc., in Rocky
Hill.

Smith’s healthcare experiences also include co-authoring the first federally
funded HMO feasibility study, and participating in healthcare ventures with
GTE New Ventures Corporation. He held increasingly responsible management
positions with major medical firms, such as Technicon Corporation, American
Hospital Supply Corporation and National Patent Development Corporation, where
he served as president of its Acme-Chaston subsidiary.

Smith’s credentials as an entrepreneur include: co-founder of CompreMedx
Cancer Centers Corporation, co-owner of Kramex Corporation, and co-owner of
privately-held New World Healthcare Solutions, Inc. an executive recruiting
and online medical education company for the healthcare industry. He also
assisted in the turnaround and sale of Medical Sterilization, Inc. In
addition, he co-founded Health Excel Management, Inc., and turned around and
sold venture-backed HelpMate Robotics, Inc.

Smith has served on the Board of Directors of selected non-profit
organizations such as the Connecticut Venture Group (CVG), the Hamden (CT)
Chamber of Commerce and the Long Ridge Club, Inc. Smith has been on the
faculty of the Albert Einstein College of Medicine of Yeshiva University and
Quinnipiac University School of Business and served as the first Executive
Director of the Q.U. Entrepreneurship and Small Business Management Institute.
Smith was an Adjunct Professor of Marketing and Management at LIM College in
New York City, and he holds a BA in Psychology (1970) and an MBA with academic
honors (1972) from Boston University.

About Pitney Bowes

Pitney Bowes provides technology solutions for small, mid-size and large firms
that help them connect with customers to build loyalty and grow revenue.The
company’s solutions for financial services, healthcare, legal, nonprofit,
public sector and retail organizations are delivered on open platforms to best
organize, analyze and apply both public and proprietary data to two-way
customer communications. Pitney Bowes is the only firm that includes direct
mail, transactional mail, call centers and in-store technologies in its
solution mix along with digital channels such as the Web, email, live chat and
mobile applications. Pitney Bowes is a $5.3 billion company with 29,000
employees worldwide. Pitney Bowes: Every connection is a new opportunity™.
www.pb.com

About SecLingua, Inc.

SecLingua, Inc. is a privately held corporation based in Shelton, CT that will
provide healthcare security information technology under a licensing agreement
with Pitney Bowes for its’ Secured Evidence Platform (SEP). Industry sectors
that will utilize this state-of-the-art, embedded security technology range
from pharmaceutical and instrumentation/equipment manufacturers to service
provider organizations  such as physician offices, ambulatory care and
inpatient facilities and healthcare insurers and third-party payers. The
Company is characterized as a developmental stage enterprise with a sole,
worldwide license to a unique and differentiated technology. www.SecLingua.com

Contact:

Pitney Bowes
Matthew Broder
VP, External Communications
203-351-6347 (o)
203-554-7703 (c)
matthew.broder@pb.com
or
SecLingua, Inc.
Matthew B. Smith
President and CEO
203-922-4560 (o)
914-325-2134 (c)
matthew.smith@seclingua.com
 
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