Pitney Bowes Super Fast Workhorse Model 9930 Fax Offers Lower Telephone Charges and Productivity Through Connectivity.

SHELTON, Conn.--(BUSINESS WIRE)--July 27, 1998--

- High Speed Faxing -- 33.6 Kbps modem, JBIG Compression, and V.8 short protocol - PC to Fax Speed Dial Telephone List Set-up and Management - Multifunctional Options: Faxing, Scanning, Printing, Copying, LAN-connectivity - Remote Diagnostics, Repair and Speed Dial List Distribution

Corporations have a new, robust tool that not only provides the easiest and most reliable document communications, but also reduces escalating telephone line charges and improves staff productivity.

The Office Systems Division of Pitney Bowes Inc. (NYSE:PBI) today announced the introduction of the Model 9930, the company's fastest and most advanced digital fax system that is designed for the rigors of the corporate fax tasks and volume.

The Model 9930 represents Pitney Bowes' latest 33.6 Kbps fax system in its product line. The company was first to bring high speed 33.6 Kbps technology to the stand-alone marketplacewith the introduction of the Model 9830 last year.

"We have raised the standard in corporate fax technology again with the Model 9930," said Dennis Roney, president, Pitney Bowes Office Systems. "Understanding that the fax machine is the most used and relied upon communications tool at companies today, we have delivered a dedicated fax system that brings more convenience and functionality than ever before. Through our alliance with HydraFax, the Model 9930 is a true workhorse and probably one of the greatest communications tools available to companies today."

Featuring the latest in fax technology -- a 33.6 Kbps modem, JBIG compression and new, proprietary V.8 short protocol -- the Model 9930 can fax one page in three seconds, about three times the speed of the most common fax machine currently in use. By implementing a network of Model 9930 systems throughout a corporation, telephone line charges can be reduced significantly. In fact, a 1998 Pitney Bowes Fortune 500 Telecom Manager Study reported that 37% of all line charges are fax related.

Multinational options on the plain paper, laser-printing Model 9930 include:

-- 400 dpi Laser Printer - 10 pages per minute print speed. Print

from any Windows 3.1 and Windows 95 PC application through the 9930 Printer Driver.

-- 200 X 400dpi Scanner - HydraFax Lite Windows-based software

allows the Model 9930 to transform into a scanner or printer (400 x 400 dpi).

-- LAN-based Fax - HydraFax Gold software converts the Model 9930

into a networked fax system.

-- Copier (standard) - Up to 99 copies can be printed in one run.

-- Automatic Collation (standard) - All scanned originals, received

or copied documents are automatically collated in correct page order.

While the Model 9930 features a 200 speed dial and 35 One Touch numbers (standard), it also offers easy transfer of fax number Windows-based databases from PC to fax for speed dial and broadcast fax purposes. The Model 9930 enables the easy downloading of Windows-based speed dial lists from a PC through a bi-directional parallel port on the 9930. This allows users to store and manage multiple speed dial lists on their PC, interchanging them quickly on the 9930 as needed. Pitney Bowes Remote Diagnostic Service can also download speed dial lists to all Pitney Bowes Model 9930 fax systems in a company's network, per a customer's request.

The Model 9930 can be expanded for heavy duty use and high volume fax traffic. The optional 1/2/4/8 MB memory cards allow the Model 9930's memory to be increased up to 9 MB (740 pages) from the standard 1 MB (70 pages). Two optional universal paper cassettes allow you to increase capacity to 1000 sheets, from the standard 250-sheet capacity. A 72-hour battery back up also ensures document security during power outages.

Other cost cutting and time saving features found on the Model 9930 include:

-- Delayed Send - up to 30 jobs can be programmed to transmit a

document at later time when fax traffic and telephone rates are less

-- 10 Confidential mailboxes, 20 Account codes for tracking and

billing purposes

-- Large 50-page Automatic Document Feeder

-- Clean Graphics - ITU-T ECM extra-fine resolution, image smoothing

and 64-shade grayscale with photo/text distinction

-- Quick scan - allows a three-page document to be scanned in

nine seconds for quick sending.

-- Priority interrupt - allows the user to interrupt a fax in

progress to send an urgent fax, then the 9930 completes the original fax transmission in its entirety.

-- Polling - lets the user call another Pitney Bowes fax system

and automatically receive a document.

-- Relay Broadcasting - allows for significant telephone line

savings by faxing to an international location, and then, broadcasting multiple faxes from that location to other fax systems in the geographic area.

-- EPA Energy Star Compliant - energy efficient, while eliminating

ozone emissions.

As with all Pitney Bowes products, the 9930 is dependable and capable of performing under even the most demanding of situations. It is backed by Pitney Bowes' direct global network. Pitney Bowes Remote Diagnostics Service eliminates the need for on-site repair service by resolving 75% of customer service calls. In addition, on-site training by Pitney Bowes Office Systems experts is standard with every system, resulting in seamless integration into a company's day-to-day operations from the moment the system is installed.

Pitney Bowes is a $4.1 billion premier provider of informed mail and messaging management. For more information about the company, please visit our web site at: www.pitneybowes.com

   CONTACT: LobsenzStevens, New York
             Scott Tangney/Stewart Lindsay
             212/684-6300