News | October 22, 2008

SkyPostal Networks Launches New Cross-Border Internet Shopping Facilitator PuntoMio.com

MIAMI & SANTIAGO, Chile--(BUSINESS WIRE)--SkyPostal Networks, Inc. (OTCBB:SKPN), the largest private postal network in Latin America, today announced its launch of a new parcel logistics service under the PuntoMio brand (www.puntomio.com). PuntoMio.com offers online international shopping assistance with U.S. e-tailers, and provides international transport, customs clearance and delivery to cross-border shoppers.

SkyPostal President and CEO, Albert Hernandez, said, "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 inherent risks associated with cross-border parcel delivery.

"According to online catalog merchants, in some Latin American countries as much as 40% of cross-border Internet purchases shipped via the public postal service network do not arrive," Mr. Hernandez continued. "The parcels either disappear in the local customs or postal facilities or are ‘mis-delivered.' Due to high customer service complaints many U.S. e-tailers have previously avoided international online sales. Our solution includes parcel tracking, delivery and customs cost visibility and free return services, while guiding the international shopper throughout the process."

PuntoMio.com subscribers are provided a physical U.S. address in Miami, which serves as their shipping address when making Internet purchases from US stores. Merchandise is delivered to their U.S. address at which point SkyPostal assumes responsibility for international transport and associated logistics including customs clearance and final delivery to the customer. PuntoMio.com also assists the shopper by providing product price and merchant rating comparisons through web integration with Price Grabber. Customers are directed to secure payment options such as Google Checkout and PayPal and provided with a cost estimator, which enables the buyer to determine the total purchase cost including transportation, customs duties, taxes and delivery. The service also provides complete online tracking as the parcel moves from the PuntoMio.com-provided address to its final delivery destination. Free international merchandise return shipping to Miami plus returns handling back to the merchant is also provided.

About PuntoMio.com
PuntoMio.com is an online shopping portal that facilitates the experience of the online international shopper and U.S.-based Internet merchants, from merchant selection through cross-border delivery. PuntoMio.com is designed to be the only web address international shoppers need to realize all of their online purchases from the United States. PuntoMio.com provides its partners and potential e-tailers everything they need to successfully launch an international shopping service, including consistent promotional offers to existing customers to promote year-round shopping and product expansion.

PuntoMio.com's offering includes product pricing comparison, secure online purchasing and delivery capabilities, cost estimator and merchandise return capability. Additionally, PuntoMio.com addresses many of the challenges of online cross-border shopping – lack of familiarity with U.S. clothing sizes, expensive express-courier delivery services, U.S. merchants that do not accept foreign credit cards, lack of an integrated parcel return system, unexpected and high fees associated with customs duties and taxes, and poor parcel post service provided by the national postal service in their local country. For more information visit www.puntomio.com.

About SkyPostal Networks, Inc.
SkyPostal is 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. SkyPostal is the largest private postal network in Latin America, delivering more than 60 million mail items each month through its network of local private postal operators. SkyPostal handles 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. For more information visit www.skypostal.com.

Forward-Looking Statements

This press release contains 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.