SkyPostal Networks, Inc., a young company that has been gaining national recognition as the world’s largest private postal network in Latin America, today announced that it has entered into a co-marketing agreement for its PuntoMio online shopping facilitator with the Brazilian Bank; Banco Itaucard. Banco Itaucard is controlled by Itau Unibancob which is one of the largest financial conglomerates in Latin America and one of the 15 largest in the world in terms of market capitalization.

PuntoMio provides Itaucard customers with the easiest and most secure way to shop from the U.S., by merging the convenience of comparison shopping through a searchable online shopping portal with a virtual U.S. address which they use to receive their online purchases. PuntoMio bridges the gap between the online international shopper and U.S. based Internet merchants from the time of purchase through final international delivery to the customer’s home or office.

When asked about

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SkyPostal Networks, Inc., the largest private postal network in Latin America, this morning announced its financial results for the first quarter ended March 31, 2009.

Highlights include:

First quarter revenue of approximately $2.6 million and a net loss of $0.01 per basic and diluted share Completion of strategic acquisition of LEL to lower costs and increase SkyPostal’s competitiveness in the Latin America market Opening of a mail processing hub in Bogota, Colombia to reduce air transport, mail processing costs and improve mail delivery transit times

“We are pleased with the progress we made on our business objectives in the first quarter of 2009. In spite of the current economic downturn, we experienced a 5% increase in revenues over the fourth quarter of 2008 and made solid strides in executing on our business plan to position the Company for long-term growth opportunities,” stated Albert Hernandez, SkyPostal President and CEO.

“We are starting to

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International postal company SkyPostal Networks Inc. (OTCBB: SKPN) is the largest private mail distribution company in Latin America. The company today announced its Punto Mio division has inked an agreement with Versatile Distribution Technologies Inc., an online shopping destination, stepping past international lines with cross-border delivery.

Per the business development, Versatile will raise awareness for, and promote Punto Mio’s online shopping services (www.PuntoMio.com) throughout the Caribbean. Versatile will establish primary partners in each country for logistical advantages as well as to ensure customer clearance, final delivery and customer service.

SkyPoastal will foster exports, which allows Caribbean merchants the ability to reach out to buyers around the world through Punto Mio’s online shopping network. Punto Mio will offer its clients a free U.S. address, which will enable users to shop from any U.S. online merchant, with packages delivered through SkyPoastal and its established postal network.

According to A.J. Hernandez, COO

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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

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