SkyPostal Networks, Inc. (OTCBB: SKPN) signed a partnership with Deutsche Post’s DHL Global Mail in order to expand its mail courier services overseas and into much of Europe. Having already established itself as a premier mail delivery service in the Latin American-Caribbean (LAC) region, teaming with Deutsche Post’s DHL Global Mail further enhances company value and will result in an increase in revenue.
The strategic agreement demonstrates SkyPostal’s desire to continue to expand revenues and earnings by maximizing capacity and output to meet the demand for door-to-door reliable international mail service. It is estimated that 12% of international mail coming from the United States travels to the Latin America-Caribbean region, compared to 35% of U.S. international mail delivered into Europe. This agreement now gives SkyPostal the opportunity to capitalize on the combined postal demand of both major regions and the company will now be able to market their service as a wholesaler throughout Europe and into the entire DHL international network.
Continuing to grow as a company is the main mission for Albert Hernandez, President and CEO of SkyPostal, “We are continuing to execute and improve upon our business model, and we believe that the company will continue to aggressively grow its revenue and efficiencies in 2008,” he said. “Our management team has done an extraordinary job positioning the Company to continue increasing its penetration in the industry. Simultaneously, they have created a powerful entrepreneurial spirit to enable the company to generate strong revenue and net income growth while providing the best service possible.”
As a global leader in worldwide cross-border mail business, DHL operates out of 50 processing centers and manages 35 sales offices spanning the globe. DHL Global Mail offers expertise in express, air and ocean freight, overland transport, contact logistics solutions and international mail services, combined with worldwide coverage and an in-depth understanding of local markets. DHL’s international network links more than 220 countries and territories worldwide.
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