Global technology company Pitney Bowes Inc. turned 100 years old on April 23.
“On April 23, 1920, Arthur Pitney, the inventor, and Walter Bowes, the promoter, founded The Pitney Bowes Postage Meter Company,” Pitney Bowes said in a statement to mark the occasion. “Over the next 100 years, the combination of creativity with business acumen enabled Pitney Bowes to pioneer innovations for over one million clients through several decades – beginning with the postage meter to pushing the boundaries of global ecommerce. The Pitney Bowes centennial commitment continues to put the client first with sustainable innovation created by exceptional people who have deep ties to our communities and driven by a culture of ‘doing the right thing the right way.’”
The partnership between Arthur Pitney and Walter Bowes quickly spawned the invention of the first postage meter – the award-winning Model M, which created the “metered mail” market and a new industry with it.
Pitney Bowes, which has its global headquarters in Stamford, Conn., has postponed several centennial anniversary events due to the COVID-19 pandemic. The company will hold a celebration of the Model M on Sept. 1, 2020, which is the anniversary of the day in 1920 that the Postal Service formally approved the Pitney Bowes postage meter for use in the U.S.
Since the development of the postage meters and other mailing equipment and services, Pitney Bowes has expanded into global e-commerce, software, and other technologies.
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