SkyPostal Networks, Inc. Announces the Election of Four New Directors

SkyPostal Networks, Inc. announced the election of four new members of the board of directors at its recent shareholders meeting. Mathijs van Houweninge, Florian M. Schuhbauer, and Jose Misrahi will join the recent addition of S. David Fineman as Independent Directors. Christian J. Weber will serve as the Director Europe Sales and Service.

Florian M. Schuhbauer joined Deutsche Post AG in Corporate Development in 2002 and led the development of Deutsche Post’s international mail strategy. In 2004 he became the Global Head of Strategic Business Development and M&A and was also appointed CFO and Executive Vice President of DHL Global Mail. Mr. Schuhbauer holds the German professional degree of Bankkaufmann (Banker certified by the Hannover Chamber of Industry and Commerce). He is currently a partner in the General Capital Group, GmbH (Munich) and will serve on the SkyPostal Audit Committee and Chair the Compensation Committee.

Jose Misrahi’s background includes structured financings, financial negotiations, mergers and acquisitions, cash flow management and SEC reporting. From 1992 to 2002 Mr. Misrahi served as VP Finance for the Cisneros Group, a USD 3 billion Venezuelan media and communications multinational group. He is a CPA and former auditor with Deloitte & Touché. Currently, Mr. Misrahi serves as the Chief Financial Officer of Facey Commodity Company Limited (Jamaica), a multi-national company operating in 29 countries. Mr. Misrahi will serve as Chairman of the SkyPostal Audit Committee and is a member of the SkyPostal Compensation Committee.

Mathijs van Houweninge has been active in evaluating business proposals of start-ups and early growth firms since 2003. In 1990, he started ICT, a software company specializing in consultancy and software development for the financial industry which was sold to Ordina in 2000. He is a Member of the board of Cyber City, USA. and currently Managing Partner of Falcon Financial (Netherlands) which recently completed a USD 10 million private placement for SkyPostal. Mr. van Houweninge will serve on the SkyPostal Compensation Committee.

Christian J. Weber co-founded Sky Courier International, Inc. From 1981 to 2002, Mr. Weber was Managing Director of SkyNet Worldwide Express and SkyMail UK, Ltd. developing it into an £18 million mail and courier distribution company; which was sold to Lan Chile in 2002. Mr. Weber is based in London and has also been responsible for Sales and Service in Europe for SkyPostal since 2002.

Mr. Klaus Knappik has been appointed Advisor to the Board of Directors. He is currently a consultant in the Postal Industry and most recently was Chairman of the Board of Deutsche Post Global Mail in Bonn, Germany. From 2004 to 2007 he developed Deutsche Post Global Mail (DHL) to become the world’s largest international mail network with over 2 billion Euros in revenues and the second largest US mail organization behind the USPS. He was a Board member of Swiss Post in Bern, Switzerland from 1997 to 2001.

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