QualityStocks.net News – Omega United Inc. (OMGA.OB) Switches Gears with Acquisition of SkyPostal

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Omega United Inc. (OTCBB: OMGA) is one of our highlighted companies this month. The company, through SkyPostal, is an international mail distribution company that specializes in offering hand delivery of commercial mail, periodicals and parcel post into the LAC region. SkyPostal is one of the largest private mail networks in Latin America handling mail from European postal administrations, major publishers, mail consolidators international mailers and financial institutions that require time-defined and reliable delivery of their mail, magazines and mail order parcels.

In our client’s news today,

Omega United Inc. (OTCBB: OMGA) announced the acquisition of SkyPostal Inc. in an effort to change direction in corporate strategy. Omega will discontinue its previous business operations and file to change its name to SkyPostal Networks Inc.

SkyPostal is one of the largest operations for mail delivery from Europe and the United States into Latin America, the Caribbean and Mexico (LAC). SkyPostal delivers more than 150 tons of mail per month into the region for major European postal administrations and leading mail consolidators.

“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,” Albert P. Hernandez, SkyPostal’s president and CEO stated in the press release. “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 companies within the region.”

“The highly fragmented postal delivery industry in the LAC region is ripe for consolidation and offers economies of scale related to cost reduction and the elimination of redundant services. The market is ideal for the application of current technologies, standardization of operating systems and the region-wide development of the SkyPostal brand,” he continued.

SkyPostal has secured exclusive agreements with more than 20 major private postal services in 20 different countries throughout the LAC region, facilitating the delivery of commercial mail, periodicals and parcel post.

“SkyPostal is in a unique position through our existing relationships to acquire and roll up the quality private postal carriers in the region and apply our proprietary GPS-based delivery technology, PosTrac under development, which will provide auto proof of delivery for regular post to a region where it is estimated that up to 30 percent of all mail never gets delivered,” stated Hernandez.

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