Pitney Bowes Management Services Named 'Supplier of the Year' by Eastman Kodak Company

    STAMFORD, Conn., June 1 /PRNewswire-FirstCall/ -- Pitney Bowes
 Management Services (PBMS), a wholly-owned subsidiary of Pitney Bowes Inc.
 (NYSE:   PBI) was named "Supplier of the Year" by Eastman Kodak Company
 (NYSE:   EK) for providing "excellent customer service and being completely
 committed to driving productivity on Kodak's behalf," according to Doug
 Kennedy, Kodak's Facilities Management (FM) Services manager. This is the
 fourth supplier recognition PBMS has received from Kodak. In 2002, it
 received Kodak's Quality Supplier certification, and was recertified in
 2004 and 2005.
     PBMS was selected from more than 500 companies that supply a broad
 range of services to Kodak. Its selection as "Supplier of the Year" was the
 result of identifying and achieving cost efficiencies and process
 improvements that resulted in significant savings to Kodak through cost
 reductions and cost avoidance.
     "At Kodak, we are very proud of our suppliers. They are an integral
 part of our business and the success we've achieved in the market place.
 Pitney Bowes is a fine example of our supplier base and we are pleased to
 recognize their achievements as a Kodak supplier," commented Ricardo A.
 Gonzalez, manager and vice president, Worldwide SGA Purchasing & Supplier
 Diversity, Eastman Kodak Company.
     "We are extremely pleased and proud to be given this honor by a
 customer who represents the epitome of performance excellence in their
 industry," said Keith Wyche, president, U.S. Operations, PBMS. "Kodak's
 recognition of PBMS' performance, which includes achieving and maintaining
 ISO certification standards, outstanding customer satisfaction and
 exceeding year-over-year double digit productivity goals, are benchmarks we
 will strive to repeat in the years to come."
     The Kodak "Supplier of the Year" award is given to a Kodak supplier who
 has demonstrated continuous improvement and customer focus, and has
 leveraged its partnership with Kodak by exceeding certain criteria,
 including:
     - Productivity -- delivering significant year-over-year improvements or
       benchmark pricing in the industry
     - Leadership in Quality -- achieving supplier certification status as well
       as Six Sigma quality levels for goods and services
     - E-Commerce -- participation in reverse auctions and supporting direct
       electronic exchange of transactional data with Kodak or through the use
       of eAuctions with second-tier suppliers
     - Delivery - achieving and maintaining 97 percent on-time service
       delivery, with lead times that match the best in the industry
     - Supplier Diversity - aggressively supporting Kodak's diversity
       initiatives as either a quality minority-owned or woman-owned provider,
       or as a prime supplier using diverse supplies on behalf of Kodak for
       indirect spend
     PBMS provides a variety of mail, print and document management services
 at Kodak locations in New York, Connecticut, Colorado and Georgia.
     About Pitney Bowes
     Pitney Bowes provides the world's most comprehensive suite of
 mailstream software, hardware, services and solutions to help companies
 manage their flow of mail, documents and packages to improve communication.
 Pitney Bowes, with $5.5 billion in annual revenue, takes an all-inclusive
 view of its customers' operations, helping organizations of all sizes enjoy
 the competitive advantage that comes from an optimized mailstream. The
 company's 86 years of technological leadership have produced many major
 mailstream innovations, and it is consistently on the Intellectual Property
 Owners Association's list of top U.S. patent holders. With approximately
 34,000 employees worldwide, Pitney Bowes services more than 2 million
 businesses through direct and dealer operations. More information about the
 company can be found at http://www.pb.com
 
 

SOURCE Pitney Bowes Inc.

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