Company Asserts that Pitney Bowes Infringes Four Internet Postage Patents Sues Pitney Bowes for Patent Infringement

Company Asserts that Pitney Bowes Infringes Four Internet Postage Patents

SANTA MONICA, Calif., June 14 — Inc. (Nasdaq: STMP), announced today that it has filed a complaint against Pitney Bowes (NYSE: PBI) for infringing four of’s Internet Postage patents. These four patents were invented by Salim Kara, who was recognized by the National Postal Forum and the United States Postal Service with its Retail Postage Technology Award for being the “Inventor of Internet Postage.”

“We are committed to strategically managing our intellectual property portfolio to enhance shareholder value.” said chief executive officer Bruce Coleman. has more than 40 issued patents and over 80 pending patents worldwide.

About (Nasdaq: STMP) is the leading provider of Internet-based postage services. Its flagship product, Internet Postage, enables customers to print U.S. Postal Service-approved postage via a computer and Internet connection. Based in Santa Monica, California, serves more than 300,000 customers.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release may contain forward-looking statements that involve risks and uncertainties. Important factors, including the company’s ability to achieve profitability, which could cause actual results to differ materially from those in the forward-looking statements, are detailed in filings with the Securities and Exchange Commission made from time to time by, including its annual report on Form 10-K for the fiscal year ended December 31, 2000, its quarterly report on Form 10-Q for the fiscal quarter ending March 31, 2001, and its Current Reports on Form 8-K. undertakes no obligation to release publicly any revisions to any forward- looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events., E-Stamp, and the logo are trademarks of Inc. All other brands and names are property of their respective owners.