SkyPostal Networks, Inc. (SKPN.OB) Signs Agreement with Banco Santander Rio to Co-Market Punto Mio Online Shopping Facilitator in Argentina
Source: http://Blog.QualityStocks.net/?p=14015Posted on Wednesday, December 3rd, 2008 | In Small & Micro Cap
SkyPostal Networks, Inc. (SKPN.OB), an international wholesale mail distribution company that specializes in hand delivery of commercial mail, periodicals and parcel post into the Latin America-Caribbean (LAC) region, recently announced that its Punto Mio division has entered into a co-marketing agreement with Banco Santander Rio, the Argentine branch of the Spanish bank Banco Santander. This is the world’s 12th-largest bank based on market capitalization with more than 10,850 branches in the Western world.
Under the co-marketing agreement, Punto Mio, an Internet shopping portal that bridges the gap between the online international shopper and U.S.-based Internet merchants from the time of purchase through cross-border delivery, Banco Santander Rio will promote the Punto Mio online shopping service to the bank’s 1 million banking clients in Argentina. Banco Santander Rio clients will also be offered a free Punto Mio U.S. address, providing users seamless cross-border parcel-post delivery through SkyPostal’s established private postal network.
SkyPostals’s chief operating officer, A.J. Hernandez, stated, “We are excited to work with one of the largest and most prestigious banks in Latin America and the world. Co-marketing agreements like this one allow us to grow the business exponentially.” He continued, “We will look to expand our relationships to serve the rest of the Latin American Region where we continue to see significant opportunity in the growing cross-border Internet shopping market.”
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