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Pitney Bowes and SAS Win Technology & Business Awards

START-IT magazine recognizes Pitney Bowes' use of SAS for reporting credit risk

STAMFORD, CONN. and CARY, NC   (July 23, 2007)  –  Pitney Bowes Inc., the mailstream technology firm, was honored recently for its successful use of SAS® with a prestigious Technology & Business Award from START-IT magazine. SAS, the leader in business intelligence, nominated Pitney Bowes Global Financial Services group, which uses SAS to shave weeks off its credit and portfolio risk reporting process. Since deploying SAS, Pitney Bowes has reduced the time spent on reporting monthly financials by 73 percent from three weeks to only four days. 

The award was presented to Pitney Bowes’ Mahinda Yapa, Director of Credit and Portfolio Management, during a June ceremony at START-IT’s 10th annual Technology and Business (T&B) Awards, part of the magazine’s 2007 Manufacturing Days and Smart Services conference. SAS was recognized with Pitney Bowes as the “Electric and Electronic Equipment” category’s winner for Technology Enablement. 

About START-IT

START-IT magazine helps manufacturers take full advantage of the power of partnerships by emphasizing the importance of IT partnerships and how these partners are working together to reach their goals through the use of technology. Emphasizing the power of partnerships, START-IT is read by decision makers across all manufacturing segments as a primary source of business strategies to best take advantage of today’s technologies. 

About Pitney Bowes

Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents and packages. Our 35,000 employees deliver technology, service and innovation to more than two million customers worldwide. The company was founded in 1920 and annual revenues now total $5.8 billion. More information is available at www.pb.com .

About SAS

SAS is the leader in business intelligence and analytical software and services. Customers at 43,000 sites use SAS software to improve performance through insight from data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products and processes. Only SAS offers leading data integration, storage, analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world  The Power to Know® .

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