Pitney Bowes Partners With Canada Post to Provide Integrated Online Shipping Solution for eBay Canada

STAMFORD, Conn., Feb. 15 /PRNewswire-FirstCall/ -- Pitney Bowes Inc. and Canada Post have partnered to provide a new online shipping solution for eBay Canada and PayPal customers. This new service enables Canadian eBay users who list items on eBay.ca to create, purchase and print Canada Post shipping labels with postage right from their computers. Packages can then be mailed at any Canadian post office or street letterbox.

Pitney Bowes is the technology provider of the new service, and introduced the world's first completely browser-based Internet postage application in 2004 in an alliance with eBay in the United States.

"We've heard from our community of eBay users that economical, fast and reliable shipping services are essential in continuing to maximize their profitability on eBay," said Elmer Sotto, head of marketplace development for eBay Canada. "This new online shipping tool not only provides savings on the cost of shipping but also the ability to manage online sales and shipping needs easily and conveniently from one place."

Customers who use the online shipping solution will receive savings of up to eight percent on domestic rates and savings of up to nine percent on U.S. and international rates on most Canada Post services. There are no fees to use the new service and the cost of postage can be paid through a PayPal(R) account.

"Our new partnership with eBay Canada and Canada Post highlights Pitney Bowes' continued success in providing innovative mailstream solutions on a global scale," said Mike Monahan, President of Global Mailing Solutions & Services for Pitney Bowes. "By forming strategic alliances with growth category leaders like eBay and international posts like Canada Post, we are helping to facilitate the flow of the mailstream across borders while serving a broad spectrum of customers including consumers and small businesses."

The new online shipping tool will automatically include the required basic customs forms as part of the label printing process. Once the label is printed, both the buyer and seller can track the delivery status of the package by using traceable shipping services online via http://www.ebay.ca/ or a PayPal(R) account.

For more information or to access the new online shipping page on eBay.ca, visit http://www.ebay.ca/shipping.

About Pitney Bowes

Pitney Bowes provides the world's most comprehensive suite of mailstream software, hardware, services and solutions to help companies manage the 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 35,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information about the company can be found at http://www.pb.com/.

Pitney Bowes of Canada Ltd. has approximately 1,950 employees located in offices in major cities across the country. The head offices for the Pitney Bowes Danka, Global Mailing and Management Services units are located in Mississauga. The company has a direct sales force of approximately 350 sales professionals located in offices throughout the country. For additional information on the company, its products and solutions visit http://www.pitneybowes.ca/.

About Canada Post

Canada Post delivers over 10 billion pieces of mail each year to 14 million addresses. Its 60,000 employees and 7,000 post offices -- the largest retail network in the country -- serve 31 million Canadians and over 1 million businesses from coast to coast to coast. In 2004, net income for Canada Post and its affiliates, which include Purolator Courier Ltd., Progistix-Solutions Inc., Intelcom Courier Canada Inc., epost and Innovapost (jointly owned by Canada Post and CGI), was CDN$ 147 million on revenues of CDN$ 6.7 billion. Canada Post is a world leader, providing innovative physical and electronic delivery solutions, creating value for our customers, employees and Canadians. Canada Post connects Canadians from anywhere... to anyone. Website: http://www.canadapost.ca/.

About eBay Canada

eBay is the World's Online Marketplace(TM). Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global e-commerce for an ever-growing online community. In Canada, eBay was visited by more than 9.1 million Canadians in November 2005.

About PayPal

Founded in 1998, PayPal, an eBay company, enables any individual or business with an email address to send and receive payments online securely, easily and quickly. PayPal's service builds on the existing financial infrastructure of bank accounts and credit cards and uses one of the world's most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution. PayPal has more than 100 million accounts and is available to users in 55 markets around the world. More information about the company can be found at: https://www.paypal.com/.

Media Contacts: Caroline Dennis Pitney Bowes Inc. Tel. 203.351.7210 caroline.dennis@pb.com Francois Legault Canada Post Tel. 613.734.8888 francois.legault@canadapost.ca Sharon Will eBay Canada Tel. 416.969.2275 sharon.will@ebay.ca

First Call Analyst: FCMN Contact: caroline.dennis@pb.com