The Board of Directors of Pitney Bowes Inc. declared a quarterly cash dividend on the company's common stock of 36 cents per share, payable December 12, 2009, to stockholders of record on November 20, 2009; a quarterly cash dividend of 53 cents per share on the company's $2.12 convertible preference stock, payable January 1, 2010, to stockholders of record December 15, 2009, and a quarterly cash dividend of 50 cents per share on the company's 4% convertible cumulative preferred stock, payable February 1, 2010, to stockholders of record January 15, 2010.

Pitney Bowes Inc. announced the launch of its new Pitney Bowes(R) Companion(TM) high integrity tabletop inserter, which integrates with larger Pitney Bowes console inserting systems to help existing customers achieve greater visibility and control of their high-volume mail operations. The Pitney Bowes(R) Companion(TM) Inserting System can provide full, closed-loop job reconciliation for both small jobs and reprints that are typically processed manually or on larger Pitney Bowes console systems. Pitney Bowes Direct Connect control system currently runs on all high-speed systems including the Mailstream Productivity Series, APS Advanced Productivity Series and FPS(TM) Split Drive inserting systems. The high integrity tabletop inserter processes up to 5,400 mailpieces per hour. It can run letter and flat mail on a single platform with a highly simplified setup in between jobs. It can also read OMR and other general barcode symbology on the application. Data from the Companion inserter system can also be integrated with Pitney Bowes DFWorks(R) ADF Management software suite.

The Brualdi Law Firm, P.C. announced that a lawsuit has been commenced in the United States District Court for the District of Connecticut on behalf of purchasers of Pitney Bowes Inc. stock during the period between July 30, 2007 and October 29, 2007, inclusive for violations of the federal securities laws. The complaint charges that Pitney Bowes and certain of its directors and officers violated federal securities laws by issuing misleading statements concerning the company's business and financial condition. Specifically, defendants failed to disclose: that Pitney Bowes was experiencing a slowdown in sales of equipment and software and supplies to the financial services sector; that revenues in the company's U.S. mailing segment had dramatically declined and were not performing according to internal expectations; that the company's international operations were not performing to internal expectations as market liberalization and deregulation were causing customers to delay purchasing decisions; and as a result of the foregoing, there was no reasonable basis for defendants' positive statements about the company, its operations and earnings. According to the complaint, on October 29, 2007, after the company revealed factors that had caused Pitney Bowes to drastically miss promised earnings, the value of Pitney Bowes's stock declined significantly.