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

...

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

...

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

...

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

...

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

...

SkyPostal Networks, Inc. (SKPN.OB) announced that it has signed a joint venture agreement with E-Commerce Ltd. (Kuwait) to expand the Punto Mio online shopping facilitator services to the Middle East. Punto Mio connects international online shoppers with U.S. ecommerce businesses and provides international transport, customs clearance and cross-border parcel delivery to Internet shoppers.

As terms of the agreement, E-Commerce Ltd., through its UShopWeShip.com service, offers U.S. ecommerce merchandise to its 120,000 registered online customers. Using its Punto Mio brand and infrastructure, SkyPostal will provide UShopWeShip.com web site management, processing of the parcels, and transport to the Dubai hub for delivery to most countries in the Middle East. Currently, E-Commerce Ltd delivers approximately 3,500 parcels per week into the region.

E-Commerce Chairman, Basel AlSawan stated, “We are pleased to enter into this partnership with SkyPostal to assist us in seamlessly managing online shopping orders from U.S. merchants to our

...

Founded in 2002, SkyPostal, Inc. was created to fulfill a new standard for “time defined” mail delivery in the Americas. The SkyPostal management team became pioneers in the courier and mail delivery industry having founded the company in 1972 as the first courier and mail delivery service in Latin America.

Using an established “outsourced” private messenger network and linked together through their proprietary web-based PosTrac™ tracking software, SkyPostal satisfies a vast market need for reliable and affordable time defined mail service throughout the region. SkyPostal hand delivers mail within an average of 7 days. Through other methods, such as the national postal services, it takes 17 days on average for mail pieces to arrive from Europe to LAC.

SkyPostal is now the largest private mail network in Latin America handling over 25 million pieces of mail per month. All their

...

Today before the bell, SkyPostal announced that it has launched a new parcel logistics service under the PuntoMiobrand. PuntoMio.com provides online international shopping assistance, international transport, customs clearance and delivery to cross-border shoppers.

Albert Hernandez, SkyPostal President and CEO, stated, “In line with our growth strategy, we are leveraging our established private postal network to enter the parcel post market by facilitating cross-border Internet shopping. The worldwide parcel market has been growing 8% per year to 6.5 billion items in 2007. The economical parcel post service offered by the national posts lacks interconnectivity between the world’s Posts. It does not provide a visible and seamless merchant-to-consumer cross-border service as provided by the costly private express couriers like FedEx and UPS. PuntoMio.com combines proven B2C logistics know-how, mail delivery network and catalog marketing experience to offer on-line merchants the opportunity to market their products to international customers without

...

The Miami, Florida Company SkyPostal took a major step towards expanding their organization when they signed a contract with Deutsche Post’s DHL Global Mail earlier this year. While SkyPostal has been a major player by focusing on delivering mail to the Latin American-Caribbean region, this new partnership allows the company to expand its services to Europe.

The contract is anticipated to significantly increase SkyPostal’s revenues. Current statistics of mail delivery indicate that 12% of the international mail coming from the United States goes to the Latin America-Caribbean (LAC) region. In contrast, an estimated 35% of U.S. international mail is delivered into Europe. SkyPostal may now capitalize on the combined postal demand of both major regions.

DHL Global Mail has already established a reputation for itself by creating an international network that links more than 220 territories and countries worldwide. Through this agreement, SkyPostal expands its

...

In the United States, we expect our established system to delivery our mail in a timely manner. In developing countries, the quality of traditional mail distribution providers do not provide the same level of service that Americans expect. SkyPostal Networks, Inc. (SKPN.OB), a private international mail service provider, is taking on the challenge of providing the best available service to its customers.

Since it was founded in 2002, SkyPostal has focused on creating a reliable “best in class” messenger service throughout Latin America-Caribbean (LAC). Typically, national postal services have a 17 day average delivery period with a loss rate of up to 30% in some countries. In less than six years, SkyPostal has become the largest private mail service handling mail from postal administrations, publishers, international mailers, and financial institutions into the LAC region. SkyPostal is able to hand-deliver 87% of the mail into the LAC

...