Housatonic Community College Foundation

Media Contact:
Maureen Dowdle, Director of Institutional Advancement,
Housatonic Community College
T. 203-332-5078

FOR IMMEDIATE RELEASE

Housatonic Community College Receives Grant from Pitney Bowes Literacy and Education Fund

Gift Supports “College Math for Success” Program

STAMFORD, Conn., Sept. 10, 2007 – Barbara Johnson, President of the Housatonic Community College Foundation, Inc., today announced that the Pitney Bowes Literacy and Education Fund, Inc. has awarded a $50,000 grant to the Housatonic Community College. The gift is part of the College’s Pathways to Success Major Gift Campaign and will support a self-paced, computer-based math program.

“We are very excited about Housatonic’s innovative math program,” said Polly O’Brien Morrow, President, Pitney Bowes Literacy and Education Fund. “The program addresses the industry-wide need for employees with superior mathematical skills. We are pleased that our support will help contribute to the development of well-trained individuals who can help advance future economic growth.”

The self-paced, computer-based program allows students to attend class in a computer math lab with both an instructor and tutors in attendance to assist them. Students can progress as quickly or as slowly as they need in order to master the concepts being taught. This individualized instruction enables students to learn at their own pace, letting them proceed to the next level course when they are ready. The college expects that the combined use of technology and individualized instruction will significantly contribute to student success.

Separately, Pitney Bowes Inc. has initiated two paid internships (one full-year, one semester-long) for qualified Housatonic students in Business Administration programs.

About the Housatonic Community College Foundation
The Housatonic Community College Foundation was formed in 1990 to assist the College and its students beyond the fundamentals provided by the state. The Foundation provides resources for scholarships, equipment, program enhancements, community outreach and support for the Housatonic Museum of Art. The Foundation is conducting a major gifts campaign, seeking to raise $1 million, which will assist the College to continue to provide convenient and affordable post-secondary training and life-long learning to those in the Bridgeport area.

About the Pitney Bowes Literacy and Education Fund
The Pitney Bowes Literacy and Education Fund is a private foundation with a mission to provide funding to literacy and education initiatives in key locations where Pitney Bowes has a significant presence. For information about the Pitney Bowes Literacy and Education Fund, go to www.pb.com/communityinvestments. General information about Pitney Bowes is available through the Investor Relations portion of the company’s website at www.pb.com.

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