Pitney Bowes is a global mailstream technology company that has been in business since 1920. It offers hardware, software, and services for mail and document management to over 2 million customers in 130 countries. The company has 35,000 employees and generates over $6 billion in annual revenue from its mailstream solutions and services segments. Pitney Bowes continues to grow through strategic acquisitions, having spent over $2.6 billion on acquisitions since 2001 to expand its technology and service offerings.

1. Pitney Bowes Fast Facts
Pitney Bowes is a global mailstream technology company offering the world’s most comprehensive suite of
hardware, software and services. Our solutions and services are turning the mailstream into a profit engine
for over two million customers – from the largest global enterprise to the smallest home office – by optimizing
the flow of physical and electronic mail, and documents and packages, across their operations.
Our company continues to grow and evolve. But we also remain true to our 88-year heritage: a foundation
built on a passion for invention, a belief in the power of diversity and a deep-rooted commitment to corporate
responsibility, financial accountability and community. It is through these commitments that we will continue
to deliver shareholder, customer and employee value.
World Headquarters:
1 Elmcroft Rd
Stamford, Ct. 06926-0700
203-356-5000
Company History:
Founded: 1920
Founders: Arthur Pitney and Walter Bowes
NYSE Stock Symbol: PBI – listed since 1950
S&P 500 Member since 1957
Company Overview:
Employees 35,000
Business Locations 130 Countries
Market Global Mailstream
Business Mail and Document Management Solutions and Services
Company Leadership:
Chairman, President & CEO Murray D. Martin
Executive VP & CFO Michael Monahan
Reporting Segments:
Mailstream Solutions U.S. Mailing
International Mailing
Production Mail
Software
Mailstream Services Management Services
Mail Services
Marketing Services

2. Financial Overview:
Full Year 2008 Full Year 2007 Full Year 2006
Revenue ($ billions) $6.3 $6.1 $5.7
Assets ($ billions) $8.8 $9.4 $8.5
Free Cash Flow ($ millions) $888 $924 $523
Adjusted EPS (continuing operations) $2.78 $2.72 $2.69
GAAP EPS (continuing operations) $2.13 $1.63 $2.51
Dividends $1.40 $1.32 $1.28
EBIT Margin (adjusted) 19.1% 19.3% 20.2%
SG&A as a % of Revenue (adjusted) 30.3% 30.8% 30.8%
Shares Outstanding (average diluted) 209,699,471 221,219,746 225,443,060
2008 Revenue by Business Segment 2008 Revenue: U.S. vs. International
International Software
Production
Mailing 6%
Mail
18% 10%
U.S.
69%
Management
U.S.
International
Services
Mailing
31%
19%
35%
Mail
Services
9%
Marketing
Services
3%
$2.6 billion in Acquisitions since 2001
= Number of Acquisitions
90
18
6
$600
$605
14
$572
$500
$512
$400
12
$300
10
$293
10
$240
$200
14
$206
6
$100 $135
$80
$0
2001 2002 2003 2004 2005 2006 2 0 07 2008

3. Significant Acquisitions since 2001:
2007: MapInfo, Troy, NY; provides location intelligence solutions.
2007: Digital Cement, Toronto, Canada; provides customer relationship management strategy and services.
2006: Print Inc., Bellevue, WA; provides print management solutions.
2006: Advertising Audit Service (AAS) and PMH, MI; offers web-based tools for customized promotional mail
and marketing collateral and designs and manages customer and channel performance solutions.
2006: Ibis Consulting, Inc., RI; provides electronic discovery services and solutions to law firms and corporate clients.
2006: Emtex Ltd., England; provides software and services that simplify document production and centrally manage
multi-vendor and multi-site printer operations.
2005: Imagitas, Waltham, MA; provides marketing services that use the mail to help companies connect with hard
to reach consumers.
2005: Compulit Inc., MI; provides litigation support services to law firms and corporate clients.
2004: International Mail Express (IMEX), NY; consolidates letters and flat-sized mail headed to international addresses.
2004: Group 1 Software Inc., Lanham, MD; provides software that enhances mailing efficiency, data quality and
customer communications.
2003: DDD Company, MD; provides fulfillment services, secure mail process, messenger services, logistics
support, and record and information management.
2002: PSI Group, Inc., Omaha, NE; provides pre-sort mail services.
2001: Danka Services International (DSI), London, England; provides imaging equipment, and related services,
parts and supplies in approximately 30 countries.
2001: Secap SA, France; provides a range of mail processing and paper handling equipment for low- to
mid-volume mailers.
2001: Bell & Howell’s International MMT, London, England; markets and services high-end mail processing, sorting
and service-related products.
Recent Awards and Recognition:
Pitney Bowes is consistently recognized in the areas of leadership and achievement; technology and innovation;
environmental, health and safety; and diversity. For example: The Institute for Health and Productivity Management
honored Pitney Bowes with their first ever Leadership Award, recognizing the company for its groundbreaking
leadership in value-based health benefits; Pitney Bowes has ranked among Software Magazine’s “Software 500”
for two consecutive years; Black Enterprise Magazine has listed Pitney Bowes as one of the 40 Best Companies
for diversity; and Pitney Bowes received its ninth WasteWise award from the U.S. Environmental Protection Agency,
recognizing the company’s significant accomplishments in recycling and solid waste reduction at its U.S. facilities
For a full list of awards and recognition visit Awards and Recognition in the Our Company section of Pitney Bowes.