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Pitney Bowes Awarded Contract to Manage U.S. Postal Service Transfer Center in Atlanta

Friday, September 29, 2006

Press release from the issuing company

WASHINGTON, Sept. 28 -- Pitney Bowes Government Solutions, a wholly-owned subsidiary of Pitney Bowes Inc., announced today that it has been awarded a contract to manage the U.S. Postal Service's Surface Transfer Center in Atlanta. The contract is for four years, with two, two-year options. The potential revenue from this contract over the eight-year term is expected to be more than $53 million. "Pitney Bowes is very pleased to strengthen our long-standing relationship with the U.S. Postal Service and leverage our leading-edge processes and technologies to manage the Atlanta Surface Transfer Center efficiently and effectively," said Jon Love, president, Pitney Bowes Government Solutions. "By combining our best practices and expertise in managing critical components of the mailstream with industry-leading technology, we can deliver service excellence and enhanced efficiency at the Atlanta facility." Under the terms of the contract, Pitney Bowes will provide a range of services, including mail handling and sorting as well as overall management and operation of the terminal in Atlanta, GA. The annual volume at this facility is approximately 26 million mail trays, tubs, and pouches.




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