Canada Post Selects PostNet

Date: JAN 21st, 2008

Topic: Franchise News

PostNet

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CANADA POST

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TORONTO, ONTARIO--(Marketwire - Jan. 21, 2008) - Canada Post and PostNet announce their channel partnership to provide better service to the Canadian small business market. Effective January 21, 2008 authorized business centres will be established in PostNet stores offering a complete selection of Canada Post's shipping services.

"Resources that were previously available only to large corporations are now available to small businesses through their local PostNet," said Rob Anderson, President of PostNet Canada. "This relationship enables PostNet to offer its complete selection of printing services, complemented by Canada Post's shipping services."

In a $5.6 billion market for shipping and courier services, increased through the rise of online shopping, PostNet provides a complete printing and shipping service to the small- and medium-sized business owner. PostNet's end-to-end services include: in-house graphic design, digital printing, copying, packaging, and courier service, and with the addition of the Canada Post relationship now has vast mailing and shipping methods at its disposal. PostNet Canada plans to expand to more than 300 franchises across the country.

"No other business centre in the country offers this all-in-one service. Owners of small- and medium-sized businesses have enough challenges throughout the day," adds Anderson. "At PostNet, we can take care of all of their transactions in one place while making available a multitude of carriers. We have Purolator, FedEx and now Canada Post - none of our competitors offer this complete a solution."

"Canada Post's selection of PostNet to create this relationship signifies the confidence Canada Post has in PostNet's small business value proposition. It confirms Canada Post's commitment to work together with PostNet, leveraging our strengths, for the purpose of better serving our mutual and new small business customers," said Louis O'Brien, Senior Vice-President, Canada Post Parcels. "Canada Post believes the result will be significant new revenue growth for both companies, a stronger presence in the small business market and most importantly, better served Canadian small business customers."

About PostNet

PostNet is the ultimate business support centre. The company has grown to more than 900 franchises throughout North America and abroad and is working towards a goal of 1,500 global franchises within three to five years. Myles Franchise Corporation is the Canadian Master Franchisor for PostNet.