If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
You need a JavaScript enabled browser to view this Publication
Please follow these steps to view the Publication:
Enable JavaScript in your browser
Refresh this page
Best regards
Zmags
<br /> <br /> Every<br /> connection<br /> is a new<br /> opportunity™<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Annual Report 2009<br /> 2 Letter to Shareholders<br /> 6 Opportunity Is Everywhere:<br /> Customer Stories<br /> 1<a title="Pitney Bowes Annual Report 2009 page 1" href="http://viewer.zmags.com/publication/955da72f?page=1"></a> <a title="Pitney Bowes Annual Report 2009 page 2" href="http://viewer.zmags.com/publication/955da72f?page=2"> Every connect</a> Every connect<a title="Pitney Bowes Annual Report 2009 page 3" href="http://viewer.zmags.com/publication/955da72f?page=3"> 2 Letter to Shareholders 6 Opportuni</a> 2 Letter to Shareholders 6 Opportuni<a title="Pitney Bowes Annual Report 2009 page 4" href="http://viewer.zmags.com/publication/955da72f?page=4">Every business is built onconnections. It’s what</a> Every business is built onconnections. It’s what<a title="Pitney Bowes Annual Report 2009 page 5" href="http://viewer.zmags.com/publication/955da72f?page=5">“Pitney Bowes is broadening its value proposi</a> “Pitney Bowes is broadening its value proposi<a title="Pitney Bowes Annual Report 2009 page 6" href="http://viewer.zmags.com/publication/955da72f?page=6">Advancing in higher-growth marketsMail is a vita</a> Advancing in higher-growth marketsMail is a vita<a title="Pitney Bowes Annual Report 2009 page 7" href="http://viewer.zmags.com/publication/955da72f?page=7">shareholders. Our recently enhanced online custom</a> shareholders. Our recently enhanced online custom<a title="Pitney Bowes Annual Report 2009 page 8" href="http://viewer.zmags.com/publication/955da72f?page=8">“We are becoming more entrepreneurial We enl</a> “We are becoming more entrepreneurial We enl<a title="Pitney Bowes Annual Report 2009 page 9" href="http://viewer.zmags.com/publication/955da72f?page=9">By showing companies smarter ways toconnect with</a> By showing companies smarter ways toconnect with<a title="Pitney Bowes Annual Report 2009 page 10" href="http://viewer.zmags.com/publication/955da72f?page=10">Find your best To boost sales, Priszm LP, Cana</a> Find your best To boost sales, Priszm LP, Cana<a title="Pitney Bowes Annual Report 2009 page 11" href="http://viewer.zmags.com/publication/955da72f?page=11">The savings arecollectible, tooAmerican Collec</a> The savings arecollectible, tooAmerican Collec<a title="Pitney Bowes Annual Report 2009 page 12" href="http://viewer.zmags.com/publication/955da72f?page=12">Pick the best Multimedia giant Cox Enterpris</a> Pick the best Multimedia giant Cox Enterpris<a title="Pitney Bowes Annual Report 2009 page 13" href="http://viewer.zmags.com/publication/955da72f?page=13">10</a> 10<a title="Pitney Bowes Annual Report 2009 page 14" href="http://viewer.zmags.com/publication/955da72f?page=14">Turn yourmonthly statementsinto best sellersC</a> Turn yourmonthly statementsinto best sellersC<a title="Pitney Bowes Annual Report 2009 page 15" href="http://viewer.zmags.com/publication/955da72f?page=15">Millions of With an ambitious “zero paper” go</a> Millions of With an ambitious “zero paper” go<a title="Pitney Bowes Annual Report 2009 page 16" href="http://viewer.zmags.com/publication/955da72f?page=16">Financial Highlights from Ou</a> Financial Highlights from Ou<a title="Pitney Bowes Annual Report 2009 page 17" href="http://viewer.zmags.com/publication/955da72f?page=17">We are targeting annualized benefits, net of inve</a> We are targeting annualized benefits, net of inve<a title="Pitney Bowes Annual Report 2009 page 18" href="http://viewer.zmags.com/publication/955da72f?page=18">Reconciliation of Reported ConsolidatedResults t</a> Reconciliation of Reported ConsolidatedResults t<a title="Pitney Bowes Annual Report 2009 page 19" href="http://viewer.zmags.com/publication/955da72f?page=19">Directors and Corporate Officers*DirectorsRo</a> Directors and Corporate Officers*DirectorsRo<a title="Pitney Bowes Annual Report 2009 page 20" href="http://viewer.zmags.com/publication/955da72f?page=20"> UNITED STATESSE</a> UNITED STATESSE<a title="Pitney Bowes Annual Report 2009 page 21" href="http://viewer.zmags.com/publication/955da72f?page=21"> PITNEY BOWES INC.TABLE OF CONTENTSPART I </a> PITNEY BOWES INC.TABLE OF CONTENTSPART I <a title="Pitney Bowes Annual Report 2009 page 22" href="http://viewer.zmags.com/publication/955da72f?page=22">PITNEY BOWES INC. PART IITEM 1</a> PITNEY BOWES INC. PART IITEM 1<a title="Pitney Bowes Annual Report 2009 page 23" href="http://viewer.zmags.com/publication/955da72f?page=23">Support ServicesWe maintain extensive field ser</a> Support ServicesWe maintain extensive field ser<a title="Pitney Bowes Annual Report 2009 page 24" href="http://viewer.zmags.com/publication/955da72f?page=24">Material SuppliersWe depend on third-party supp</a> Material SuppliersWe depend on third-party supp<a title="Pitney Bowes Annual Report 2009 page 25" href="http://viewer.zmags.com/publication/955da72f?page=25">Dependence on third-party suppliersWe depend on</a> Dependence on third-party suppliersWe depend on<a title="Pitney Bowes Annual Report 2009 page 26" href="http://viewer.zmags.com/publication/955da72f?page=26">Government contractsMany of our contracts are w</a> Government contractsMany of our contracts are w<a title="Pitney Bowes Annual Report 2009 page 27" href="http://viewer.zmags.com/publication/955da72f?page=27">PART IIITEM 5. – MARKET FOR THE COMPANY'S COMMO</a> PART IIITEM 5. – MARKET FOR THE COMPANY'S COMMO<a title="Pitney Bowes Annual Report 2009 page 28" href="http://viewer.zmags.com/publication/955da72f?page=28">Group Index, was eliminated from the index for al</a> Group Index, was eliminated from the index for al<a title="Pitney Bowes Annual Report 2009 page 29" href="http://viewer.zmags.com/publication/955da72f?page=29">ITEM 6. – SELECTED FINANCIAL DATAThe following </a> ITEM 6. – SELECTED FINANCIAL DATAThe following <a title="Pitney Bowes Annual Report 2009 page 30" href="http://viewer.zmags.com/publication/955da72f?page=30">ITEM 7. – MANAGEMENT'S DISCUSSION AND ANALYSIS OF</a> ITEM 7. – MANAGEMENT'S DISCUSSION AND ANALYSIS OF<a title="Pitney Bowes Annual Report 2009 page 31" href="http://viewer.zmags.com/publication/955da72f?page=31">OverviewIn 2009, revenue decreased 11% to $5.6 </a> OverviewIn 2009, revenue decreased 11% to $5.6 <a title="Pitney Bowes Annual Report 2009 page 32" href="http://viewer.zmags.com/publication/955da72f?page=32">Results of Operations 2009 Compared to 2008Busi</a> Results of Operations 2009 Compared to 2008Busi<a title="Pitney Bowes Annual Report 2009 page 33" href="http://viewer.zmags.com/publication/955da72f?page=33">Mailstream Services revenue decreased 5% to $1.8 </a> Mailstream Services revenue decreased 5% to $1.8 <a title="Pitney Bowes Annual Report 2009 page 34" href="http://viewer.zmags.com/publication/955da72f?page=34">Costs and expenses(Dollars in millions) </a> Costs and expenses(Dollars in millions) <a title="Pitney Bowes Annual Report 2009 page 35" href="http://viewer.zmags.com/publication/955da72f?page=35">We do not allocate other interest expense to our </a> We do not allocate other interest expense to our <a title="Pitney Bowes Annual Report 2009 page 36" href="http://viewer.zmags.com/publication/955da72f?page=36">Revenue </a> Revenue <a title="Pitney Bowes Annual Report 2009 page 37" href="http://viewer.zmags.com/publication/955da72f?page=37">million in 2008 from $7 million in 2007 driven by</a> million in 2008 from $7 million in 2007 driven by<a title="Pitney Bowes Annual Report 2009 page 38" href="http://viewer.zmags.com/publication/955da72f?page=38">Cost of equipment sales as a percentage of revenu</a> Cost of equipment sales as a percentage of revenu<a title="Pitney Bowes Annual Report 2009 page 39" href="http://viewer.zmags.com/publication/955da72f?page=39">The net loss in 2008 includes accruals of tax and</a> The net loss in 2008 includes accruals of tax and<a title="Pitney Bowes Annual Report 2009 page 40" href="http://viewer.zmags.com/publication/955da72f?page=40">Additional asset impairments, unrelated to restru</a> Additional asset impairments, unrelated to restru<a title="Pitney Bowes Annual Report 2009 page 41" href="http://viewer.zmags.com/publication/955da72f?page=41">Cash Flow SummaryThe change in cash and cash eq</a> Cash Flow SummaryThe change in cash and cash eq<a title="Pitney Bowes Annual Report 2009 page 42" href="http://viewer.zmags.com/publication/955da72f?page=42">Seasoned Issuer with the SEC which allows us to i</a> Seasoned Issuer with the SEC which allows us to i<a title="Pitney Bowes Annual Report 2009 page 43" href="http://viewer.zmags.com/publication/955da72f?page=43">Contractual Obligations and Off-Balance Sheet Arr</a> Contractual Obligations and Off-Balance Sheet Arr<a title="Pitney Bowes Annual Report 2009 page 44" href="http://viewer.zmags.com/publication/955da72f?page=44">revenue recognition. Revenue is allocated to th</a> revenue recognition. Revenue is allocated to th<a title="Pitney Bowes Annual Report 2009 page 45" href="http://viewer.zmags.com/publication/955da72f?page=45">We regularly assess the likelihood of tax adjustm</a> We regularly assess the likelihood of tax adjustm<a title="Pitney Bowes Annual Report 2009 page 46" href="http://viewer.zmags.com/publication/955da72f?page=46">Pension benefitsAssumptions and estimatesThe </a> Pension benefitsAssumptions and estimatesThe <a title="Pitney Bowes Annual Report 2009 page 47" href="http://viewer.zmags.com/publication/955da72f?page=47">securities, 4% real estate investments and 4% pri</a> securities, 4% real estate investments and 4% pri<a title="Pitney Bowes Annual Report 2009 page 48" href="http://viewer.zmags.com/publication/955da72f?page=48">Income taxesWe regularly assess the likelihood </a> Income taxesWe regularly assess the likelihood <a title="Pitney Bowes Annual Report 2009 page 49" href="http://viewer.zmags.com/publication/955da72f?page=49">DividendsIt is a general practice of our Board </a> DividendsIt is a general practice of our Board <a title="Pitney Bowes Annual Report 2009 page 50" href="http://viewer.zmags.com/publication/955da72f?page=50">Management's Report on Internal Control over Fina</a> Management's Report on Internal Control over Fina<a title="Pitney Bowes Annual Report 2009 page 51" href="http://viewer.zmags.com/publication/955da72f?page=51">PART IIIITEM 10. – DIRECTORS, EXECUTIVE OFFICER</a> PART IIIITEM 10. – DIRECTORS, EXECUTIVE OFFICER<a title="Pitney Bowes Annual Report 2009 page 52" href="http://viewer.zmags.com/publication/955da72f?page=52">ITEM 12. – SECURITY OWNERSHIP OF CERTAIN BENEFICI</a> ITEM 12. – SECURITY OWNERSHIP OF CERTAIN BENEFICI<a title="Pitney Bowes Annual Report 2009 page 53" href="http://viewer.zmags.com/publication/955da72f?page=53">PART IVITEM 15. – EXHIBITS AND FINANCIAL STATEM</a> PART IVITEM 15. – EXHIBITS AND FINANCIAL STATEM<a title="Pitney Bowes Annual Report 2009 page 54" href="http://viewer.zmags.com/publication/955da72f?page=54">(b.1) Pitney Bowes Inc. Directors' Stoc</a> (b.1) Pitney Bowes Inc. Directors' Stoc<a title="Pitney Bowes Annual Report 2009 page 55" href="http://viewer.zmags.com/publication/955da72f?page=55">Other:(o) Amended and Restated Cred</a> Other:(o) Amended and Restated Cred<a title="Pitney Bowes Annual Report 2009 page 56" href="http://viewer.zmags.com/publication/955da72f?page=56">SIGNATURESPursuant to the requirements of Secti</a> SIGNATURESPursuant to the requirements of Secti<a title="Pitney Bowes Annual Report 2009 page 57" href="http://viewer.zmags.com/publication/955da72f?page=57"> </a> <a title="Pitney Bowes Annual Report 2009 page 58" href="http://viewer.zmags.com/publication/955da72f?page=58">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTIN</a> REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTIN<a title="Pitney Bowes Annual Report 2009 page 59" href="http://viewer.zmags.com/publication/955da72f?page=59"> PITNEY BOWES INC.CON</a> PITNEY BOWES INC.CON<a title="Pitney Bowes Annual Report 2009 page 60" href="http://viewer.zmags.com/publication/955da72f?page=60">ASSETSCurrent assets: Cash and cash eq</a> ASSETSCurrent assets: Cash and cash eq<a title="Pitney Bowes Annual Report 2009 page 61" href="http://viewer.zmags.com/publication/955da72f?page=61"> PITNEY BOWES INC</a> PITNEY BOWES INC<a title="Pitney Bowes Annual Report 2009 page 62" href="http://viewer.zmags.com/publication/955da72f?page=62"> </a> <a title="Pitney Bowes Annual Report 2009 page 63" href="http://viewer.zmags.com/publication/955da72f?page=63"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 64" href="http://viewer.zmags.com/publication/955da72f?page=64"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 65" href="http://viewer.zmags.com/publication/955da72f?page=65"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 66" href="http://viewer.zmags.com/publication/955da72f?page=66"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 67" href="http://viewer.zmags.com/publication/955da72f?page=67"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 68" href="http://viewer.zmags.com/publication/955da72f?page=68"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 69" href="http://viewer.zmags.com/publication/955da72f?page=69"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 70" href="http://viewer.zmags.com/publication/955da72f?page=70"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 71" href="http://viewer.zmags.com/publication/955da72f?page=71"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 72" href="http://viewer.zmags.com/publication/955da72f?page=72"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 73" href="http://viewer.zmags.com/publication/955da72f?page=73"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 74" href="http://viewer.zmags.com/publication/955da72f?page=74"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 75" href="http://viewer.zmags.com/publication/955da72f?page=75"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 76" href="http://viewer.zmags.com/publication/955da72f?page=76"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 77" href="http://viewer.zmags.com/publication/955da72f?page=77"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 78" href="http://viewer.zmags.com/publication/955da72f?page=78"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 79" href="http://viewer.zmags.com/publication/955da72f?page=79"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 80" href="http://viewer.zmags.com/publication/955da72f?page=80"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 81" href="http://viewer.zmags.com/publication/955da72f?page=81"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 82" href="http://viewer.zmags.com/publication/955da72f?page=82"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 83" href="http://viewer.zmags.com/publication/955da72f?page=83"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 84" href="http://viewer.zmags.com/publication/955da72f?page=84"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 85" href="http://viewer.zmags.com/publication/955da72f?page=85"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 86" href="http://viewer.zmags.com/publication/955da72f?page=86"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 87" href="http://viewer.zmags.com/publication/955da72f?page=87"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 88" href="http://viewer.zmags.com/publication/955da72f?page=88"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 89" href="http://viewer.zmags.com/publication/955da72f?page=89"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 90" href="http://viewer.zmags.com/publication/955da72f?page=90"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 91" href="http://viewer.zmags.com/publication/955da72f?page=91"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 92" href="http://viewer.zmags.com/publication/955da72f?page=92"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 93" href="http://viewer.zmags.com/publication/955da72f?page=93">Severance and benefit costsAsset impairmentsOth</a> Severance and benefit costsAsset impairmentsOth<a title="Pitney Bowes Annual Report 2009 page 94" href="http://viewer.zmags.com/publication/955da72f?page=94"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 95" href="http://viewer.zmags.com/publication/955da72f?page=95"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 96" href="http://viewer.zmags.com/publication/955da72f?page=96"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 97" href="http://viewer.zmags.com/publication/955da72f?page=97"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 98" href="http://viewer.zmags.com/publication/955da72f?page=98"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 99" href="http://viewer.zmags.com/publication/955da72f?page=99">Identifiable assets: U.S. Mailing International</a> Identifiable assets: U.S. Mailing International<a title="Pitney Bowes Annual Report 2009 page 100" href="http://viewer.zmags.com/publication/955da72f?page=100"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 101" href="http://viewer.zmags.com/publication/955da72f?page=101"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 102" href="http://viewer.zmags.com/publication/955da72f?page=102"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 103" href="http://viewer.zmags.com/publication/955da72f?page=103"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 104" href="http://viewer.zmags.com/publication/955da72f?page=104"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 105" href="http://viewer.zmags.com/publication/955da72f?page=105"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 106" href="http://viewer.zmags.com/publication/955da72f?page=106"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 107" href="http://viewer.zmags.com/publication/955da72f?page=107"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 108" href="http://viewer.zmags.com/publication/955da72f?page=108"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 109" href="http://viewer.zmags.com/publication/955da72f?page=109"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 110" href="http://viewer.zmags.com/publication/955da72f?page=110"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 111" href="http://viewer.zmags.com/publication/955da72f?page=111"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 112" href="http://viewer.zmags.com/publication/955da72f?page=112"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 113" href="http://viewer.zmags.com/publication/955da72f?page=113"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 114" href="http://viewer.zmags.com/publication/955da72f?page=114"> PITNEY</a> PITNEY<a title="Pitney Bowes Annual Report 2009 page 115" href="http://viewer.zmags.com/publication/955da72f?page=115"> PITNEY BOWES INC.SC</a> PITNEY BOWES INC.SC<a title="Pitney Bowes Annual Report 2009 page 116" href="http://viewer.zmags.com/publication/955da72f?page=116">EXHIBIT (i) </a> EXHIBIT (i) <a title="Pitney Bowes Annual Report 2009 page 117" href="http://viewer.zmags.com/publication/955da72f?page=117">EXHIBIT (ii) Page 1 of 2 PI</a> EXHIBIT (ii) Page 1 of 2 PI<a title="Pitney Bowes Annual Report 2009 page 118" href="http://viewer.zmags.com/publication/955da72f?page=118">Page 2 of 2PITNEY BOWES INC. SUBSIDIARIES</a> Page 2 of 2PITNEY BOWES INC. SUBSIDIARIES<a title="Pitney Bowes Annual Report 2009 page 119" href="http://viewer.zmags.com/publication/955da72f?page=119">EXHIBIT (iii)CONSENT OF INDEPENDENT REGISTERE</a> EXHIBIT (iii)CONSENT OF INDEPENDENT REGISTERE<a title="Pitney Bowes Annual Report 2009 page 120" href="http://viewer.zmags.com/publication/955da72f?page=120">EXHIBIT (31.1) </a> EXHIBIT (31.1) <a title="Pitney Bowes Annual Report 2009 page 121" href="http://viewer.zmags.com/publication/955da72f?page=121">EXHIBIT (31.2) CERTIFICATION PURSUANT TO RULE</a> EXHIBIT (31.2) CERTIFICATION PURSUANT TO RULE<a title="Pitney Bowes Annual Report 2009 page 122" href="http://viewer.zmags.com/publication/955da72f?page=122">EXHIBIT (32.1)CERTIFICATION PURSUANT TO </a> EXHIBIT (32.1)CERTIFICATION PURSUANT TO <a title="Pitney Bowes Annual Report 2009 page 123" href="http://viewer.zmags.com/publication/955da72f?page=123">EXHIBIT (32.2)CERTIFICATION PURSUANT TO </a> EXHIBIT (32.2)CERTIFICATION PURSUANT TO <a title="Pitney Bowes Annual Report 2009 page 124" href="http://viewer.zmags.com/publication/955da72f?page=124">Stockholder InformationAD 11996 0310All rights</a> Stockholder InformationAD 11996 0310All rights<a title="Pitney Bowes Annual Report 2009 page 125" href="http://viewer.zmags.com/publication/955da72f?page=125">Pitney Bowes Inc.World Headquarters1 Elmcroft R</a> Pitney Bowes Inc.World Headquarters1 Elmcroft R