SkyPostal Networks, Inc., the largest private postal network in Latin America, announced this morning that it has acquired Logistics Enterprises, an international cross-border mail service provider focused on serving corporate accounts, and magazine printers and publishers in Bogota, Colombia.

There are only two private cross border mail operators in Colombia that provide international alternative mail delivery service to the national Colombia public postal system, and Logistics Enterprises is one of them. The company’s believes it has captured about 20% of the cross border commercial mail market in Columbia.

SkyPostal President and CEO Albert P. Hernandez, commented, “With the addition of Logistics Enterprises to our established private postal network we gain a key foothold in Colombia. We are also expanding our reach in Colombia with access to Enterprise Logistics’ existing customer accounts. With only one other private postal operator in this country this acquisition will serve as a

A common trend these days within the international mail and parcel industry is that of mergers, acquisitions and strategic partnerships between long-standing companies. One of these companies is SkyPostal (OTCBB: SKPN), based out of Miami, Florida.

Earlier this year, when the company began trading on the public markets, Albert P. Hernandez, President and CEO of SkyPostal, stated, “Going public through this merger is the next step in our evolution, as SkyPostal strives to become the dominant mail distribution company in Latin America, the Caribbean and Mexico (’LAC’). SkyPostal has been active since last year already acquiring Spring Global Mail Latin America, the regional unit of the TNT, Royal Mail, and Singapore Post-owned in a joint venture, in August of 2007.

“We are now in a position to implement an aggressive growth strategy that features internal growth as well as growth through the acquisition of key postal delivery

A common trend these days within the international mail and parcel industry is that of mergers, acquisitions and strategic partnerships between long-standing companies. One of these companies is SkyPostal (OTCBB: SKPN), based out of Miami, Florida.

Earlier this year, when the company began trading on the public markets, Albert P. Hernandez, President and CEO of SkyPostal, stated, “Going public through this merger is the next step in our evolution, as SkyPostal strives to become the dominant mail distribution company in Latin America, the Caribbean and Mexico (’LAC’). SkyPostal has been active since last year already acquiring Spring Global Mail Latin America, the regional unit of the TNT, Royal Mail, and Singapore Post-owned in a joint venture, in August of 2007.

“We are now in a position to implement an aggressive growth strategy that features internal growth as well as growth through the acquisition of key postal delivery

SkyPostal Networks, Inc., (SKPN.OB), the biggest private mail network in Latin America, got to be that way by faithfully obeying the first rule of business (and the first rule of their mission statement): Listen to your customers, know your market.

SkyPostal’s primary market is Latin America, and they know it. Combine that with an in-depth knowledge of mail delivery, based upon over 100 years of combined management-team experience, and it helps explain why SkyPostal (www.SkyPostal.com) consistently beats its competitors and even government delivery services in cost and efficiency, offering a delivery success rate approaching 100%.

At the top of that management team is President and CEO Albert P. Hernandez. Born in Havana, with over 40 years of mail and delivery service experience, Hernandez is considered a pioneer in the development of mail delivery service in Latin America. Hernandez immigrated to the U.S., where he received a BBA

SkyPostal Networks, Inc. recently announced that their newest facility at Newark Airport, handling their mail and parcel post traffic to and from the UK and Europe, is in full operation. The company also completed a private placement financing totaling $10 million since becoming a publicly traded company. Falcon Capital, a boutique investment banking firm based in London, acted as a placement agent for the financing.

SkyPostal is an international wholesale mail distribution company specializing in hand delivery of commercial mail and periodicals to the Latin America-Caribbean region (LAC). The new facility will service existing customers throughout the Northeast and serve new business the company expects to gain from their recent key strategic marketing agreement with Deutsche Post’s U.S. Division – DHL Global Mail. By capitalizing on the ability to utilize Deutsche Post’s global network, the SkyPostal expansion into Newark will facilitate the introduction

Just before the closing bell, SkyPostal Networks, Inc. announced its financial results for the second quarter of 2008. Sales for the 6 months ended June 30, 2008 totaled $4,532,113, which is a 16.5% increase over the same 6-month period ended the previous year. The company also reported that total tonnage handled increased 20% for the 6 months ended June 30, 2008 compared to the same period ended June 30, 2007.

Gross margins were 17.2% in the first half of this year, compared to 23.9% in 2007. “As with all international mail operators, the high fuel surcharges imposed by the airlines during the second quarter could not be immediately passed along to our contracted mail clients. With the increase in fuel surcharges upwards of 30%, we are exploring ways to recover some of these incredibly high surcharges which have been unprecedented in our industry,” commented Albert P. Hernandez, SkyPostal’s