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• • • FRANCHISE NEWS STORY • • •

Date: 4/16/2008
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PostNet Business Center Franchise Goes To Panama

PostNet Business Center Franchise Goes To Panama.  Panama City Franchise Location Jumpstarts Central America Expansion

DENVER -- Since opening its first location in 1993, PostNet has been a one-stop shop for the small-business owner. Fifteen years later, the Denver-based company is bringing their signature services to Panama – the first step in the brand's expansion into Central America.

Pranas Lukauskis, CEO of Panaoutsource & Mail S.A., acquired the master franchise for PostNet in Panama after meeting the PostNet team at a franchise expo in 2007. Panama’s pilot center opened in December 2007 and celebrated its grand opening in January.

Panaoutsource has worked hard to customize their business for the Panamanian market. In addition to global shipping companies such as FedEx, DHL and UPS, PostNet Panama will also utilize the services of regional companies Copa Airlines Courier and Grupo Zoom.

Once the Panama City pilot center is running smoothly, Lukauskis plans to open four additional locations across the country by 2010. Over the next three to five years, he plans to open 15 to 20 locations. "Our presence in Central America begins in Panama but certainly won't end there," said Brian Spindel, PostNet's co-founder and president. "Over the next few years, we plan to expand into several other Central American countries including Guatemala, Belize, El Salvador and Honduras."

About PostNet
Founded in 1993, Denver-based PostNet is the largest and fastest-growing privately held company in the business services and postal industries. Locally owned and operated PostNet locations offer digital printing and copying services; document binding and finishing; and digital services including graphic design and computer rental stations. They also offer shipping with UPS, FedEx, DHL and the U.S. Postal Service. PostNet has more than 850 locations worldwide, including more than 400 in the United States.