8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                            ------------------------

                                    FORM 8-K

                                 Current Report

                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934

                      September 6, 2005 (September 1, 2005)
                Date of Report (Date of earliest event reported)


                                Pitney Bowes Inc.
             (Exact name of registrant as specified in its charter)


           Delaware                        1-3579                06-0495050
(State or other jurisdiction of   (Commission file number)   (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                               World Headquarters
                                 1 Elmcroft Road
                        Stamford, Connecticut 06926-0700
                    (Address of principal executive offices)

                                 (203) 356-5000
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))



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ITEM 8.01.        OTHER EVENTS

The Company's press release dated September 1, 2005 regarding its announcement
to acquire Firstlogic, Inc. is attached hereto as Exhibit 99.1 and incorporated
herein by reference.



ITEM 9.01.        FINANCIAL STATEMENTS AND EXHIBITS

(c)   Exhibits

      99.1     Press release of Pitney Bowes Inc. dated September 1, 2005







                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                   Pitney Bowes Inc.

September 6, 2005




                                   /s/ B.P. Nolop
                                   ---------------------------------------------
                                   B.P. Nolop
                                   Executive Vice President and
                                   Chief Financial Officer
                                   (Principal Financial Officer)






                                   /s/ S.J. Green
                                   ---------------------------------------------
                                   S.J. Green
                                   Vice President - Finance and
                                   Chief Accounting Officer
                                   (Principal Accounting Officer)

EX-99

                                                                    Exhibit 99.1
                                                                    ------------

                       PITNEY BOWES TO ACQUIRE FIRSTLOGIC

STAMFORD, Conn. September 1, 2005- Pitney Bowes Inc. (NYSE:PBI) today announced
that it has signed a definitive agreement to acquire all of the remaining
outstanding shares of Firstlogic for approximately $50.3 million, excluding cash
and debt on the balance sheet. Pitney Bowes currently has 10 percent equity
ownership of this privately held company. Firstlogic develops and markets
software and services that improve operations in data quality, mailing
efficiency, and postal automation. Upon completion of this transaction,
Firstlogic will become a wholly-owned subsidiary of Pitney Bowes within Document
Messaging Technologies. Subject to regulatory approval and completion of other
customary conditions, the transaction is expected to close in the third calendar
quarter of 2005.

         This acquisition supports the company's long-term ability to deliver
added value for customers and growth for shareholders, according to Michael J.
Critelli, Chairman and CEO of Pitney Bowes. "We entered the growing $4 billion
customer communication management market with the acquisition of Group 1
software last year. The acquisition of Firstlogic extends our platform by giving
our customers a more comprehensive portfolio of software, services and
solutions. Firstlogic's extensive relationships with top tier system integrators
and enterprise software vendors enhance our distribution network and accelerate
our global expansion. Like Group 1 before it, this acquisition supports key
areas of our growth strategy -- mailstream expansion, global penetration and
cross-selling."

         Firstlogic, founded in 1984, is the preferred data quality alliance or
original equipment manufacturer (OEM) partner for several business intelligence
and data integration vendors. It has established itself as a market leader in
data quality with its release of IQ8 and the IQ Assurance services. Firstlogic
generated over $55 million in revenue in 2004 by providing commercial customers,
government agencies and Posts with data quality, commercial mail and postal
automation software and services. Firstlogic is headquartered in La Crosse,
Wisconsin and employs approximately 400 employees.

         According to Eric Lieberman, President of Firstlogic, "This does not
change our mission -- it makes it better. This merger is the opportunity to
accelerate our business model of delivering a compelling and industry-defining
mail and data quality platform spanning both enterprise and geographic
boundaries. Our customers will benefit by being able to choose from a broad
portfolio of products that complement our core technologies."

         Pitney Bowes is the world's leading provider of integrated mail and
document management systems, services and solutions. The $5.3 billion company
helps organizations of all sizes efficiently and effectively manage their
mission-critical mail and document flow in physical, digital and hybrid formats.
Its solutions range from addressing software and metering systems to print
stream management, electronic bill presentment and presort mail services. The
company's 85 years of technological leadership have produced many major
innovations in the mailing industry, and it is consistently on the Intellectual
Property Owner'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. Visit www.pb.com for more information on the
company. More information regarding Firstlogic can be found at
www.Firstlogic.com.

         The statements contained in this news release that are not purely
historical are forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. These statements may be identified by their use of forward-looking
terminology such as the words "expects," "anticipates," "intends" and other
similar words. Such forward-looking statements include, but are not limited to,
statements about growth strategies, market expansion, etc. Such forward-looking
statements involve risks and uncertainties that could cause actual results to
differ materially from those projected. These risks and uncertainties include,
but are not limited to: severe adverse changes in the economic environment,
timely development and acceptance of new products or gaining product approval;
successful entry into new markets; changes in interest rates; and changes in
postal regulations, as more fully outlined in the company's 2004 Form 10-K
Annual Report filed with the Securities and Exchange Commission. In addition,
the forward-looking statements are subject to change based on the timing and
specific terms of any announced acquisitions. The forward-looking statements
contained in this news release are made as of the date hereof and we do not
assume any obligation to update the reasons why actual results could differ
materially from those projected in the forward-looking statements.