Scottsdale, Arizona 7/31/2008 2:31:07 AM
News / Finance

QualityStocks News – SkyPostal Networks, Inc. (SKPN.OB) Adds New Members to Board of Directors

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We would like to highlight SkyPostal Networks, Inc. (OTCBB: SKPN). The company is an international wholesale 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 the company’s news today,

 

SkyPostal Networks, Inc. (SKPN.OB) announced the election of four new members to its board of directors. Jose Misrahi, Florian M. Schuhbauer, and Mathijs van Houweninge will serve as Independent Directors alongside S. David Fineman, who was elected in June. Christian J. Weber will serve as the Director Europe Sales and Service, while Klaus Knappik has been appointed Advisor to the board.

 

Jose Misrahi is a CPA and a former auditor with Deloitte & Touché dealing in structured financings, financial negotiations, mergers and acquisitions, cash flow management, and SEC reporting. He served as VP Finance for the Cisneros Group, a $3 billion media and communications multi-national group in Venezuela, between 1992 and 2002. Misrahi currently serves as the CFO of Facey Commodity Company Limited of Jamaica, a multi-national company that operates in 29 countries. He will serve as a member of the SkyPostal Compensation Committee and as a Chairman of the SkyPostal Audit Committee.

 

Florian M. Schuhbauer holds a Diplom-Betriebswirt degree (German MBA equivalent) in Business Administration from the Frankfurt School of Finance and Management and a German professional degree of Bankkaufmann, which designates him as a banker certified by the Hannover Chamber of Industry and Commerce. He proceeded to work in risk management, mergers and acquisitions, and equity research. Schuhbauer joined the Corporate Development team at Deutsche Post AG in 2002 and led the development of the company’s international mail strategy. He was then appointed CFO and Executive VP of DHL Global Mail, where he assumed global responsibility for strategy development and execution. In 2006, he joined General Capital Group where he now serves as partner. Schuhbauer will be the Chairman of the Compensation Committee and member on the SkyPostal Audit Committee.

 

Mathijs van Houweninge founded ICT, a software company specializing in software development and consulting for the financial industry, in 1990 while attending a university in Utrecht, The Netherlands. He sold the company in 2000 to Ordina, but continued to run the company until 2003. Van Houweninge then became active in evaluating business proposals of start-ups and early-growth companies, as well as serving as a consultant to the development of selected companies. He is currently a Managing partner of Falcon Financial, which recently signed a $10 million private placement with SkyPostal. Van Houweninge will continue to serve as a board member of Cyber City, USA, and a member of the Advisory Board Private Equity for Triodos, The Netherlands while he serves on the SkyPostal Compensation Committee.

 

Christian J. Weber has many years of experience in international courier service. In 1986, Weber was one of the co-founders of Sky Courier International, Inc. Between 1981 and 2002, Weber served as Managing Director of SkyNet Worldwide Express and SkyMail UK, Ltd. He was able to expand the company into a £18 million mail and courier distribution company that was sold to Lan Chile in 2002. Since that time, Weber has been responsible for SkyPostal’s Sales and Service in Europe.

 

Klaus Knappik, a consultant in the postal industry, will serve as Advisor to SkyPostal’s Board of Directors. He has served as Chairman on the Board of Deutsche Post Global Mail in Bonn, Germany and as a board member of Swiss Post in Bern, Switzerland. Knappik successfully developed Deutsche Postal Global Mail to become the largest international mail network and second largest US mail network.

 

SkyPostal’s President and CEO, Albert Hernandez, stated, “We are proud to welcome our new independent directors to the SkyPostal board. Their experience and professional expertise are well suited to benefit SkyPostal in its growth strategy thru postal industry consolidation.” Hernandez continued, “We have sought to assemble a working board of experienced postal and financial executives, who can direct the company in its mission to become a major player in the emerging private postal industry.”

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.