A new substantial customer for Business Post
Business Post Group PLC, one of the UK's leading express delivery companies, announces that its Express business has reached agreement to act as sole carrier for Systemax Europe Limited with immediate effect.
Systemax, which trades in the UK as Globaldirect, Misco and Simply Computers, is a supplier of computer hardware, software and peripherals. The distribution warehouse for Systemax is based in Greenock, Scotland. The account, which is estimated to have an annual value of over #3.5 million, will be handled by Business Post's Glasgow depot.
Paul Carvell, Chief Executive, stated "We are delighted to have gained this agreement with one of the country's leading computer re-sellers. Our core Express business has had a number of successes in recent months as a result of its market-leading service and we are hopeful that this will continue."
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Les Biggs, Vice President of Systemax European Operations, said "We are pleased to have concluded agreement with Business Post. It is essential that our promise of rapid delivery to our customers is maintained and, with the help of the technology employed by Business Post, we are convinced our service to customers will be enhanced".
Notes for Editors:
Business Post is estimated to be the UK's joint fourth largest express delivery company, with a market share that has risen progressively to over 6% from a national operational hub in Birmingham and from 63 depots, of which 43 are franchised. Business Post operates primarily at the top end of the business-to-business market, focusing mainly on overnight deliveries via its Express network, with a customer base which exceeds 18,000 business accounts.
In addition to Express, Business Post's other businesses are HomeServe, International, UK Today and UK Mail. HomeServe is the Group's business-to-consumer parcels business, and provides a high quality next day service to residential addresses. International is responsible for all shipments coming into and leaving the UK and Eire, its business having been boosted by a contract with effect from September 2001 with FedEx, the world's largest express transportation company, to be its UK Global Service Participant.
UK Today is the Group's nationwide same-day courier service, and UK Mail is Business Post's business mail subsidiary. UK Mail has been granted a one-year interim licence by the independent postal services regulator, Postcomm, for "downstream" access to Royal Mail's local delivery network. Charges for access to Royal Mail's network are currently in the process of being determined by Postcomm.
At its AGM on 11 July 2002, Peter Kane, Chairman, reported "an encouraging start to the financial year" ending 31 March 2003.
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Systemax Europe is an IT re-seller through direct mail catalogues, Corporate Account management and e-commerce, operating in the UK under the brand names Globaldirect, Misco and Simply Computers.
Systemax also has operations in Germany, Italy, Spain, Holland, France and Sweden and also serves Portugal, Austria, Switzerland and Belgium from those countries.
Systemax is the second largest direct mail re-seller in the UK and the number one in Europe.
As part of its product range, Systemax specialises in providing custom-built PC solutions to business, education and public sector bodies. The Systemax PC range, built with brand name components, includes desktop PCs, notebooks and servers, produced in an ISO 9002 certified facility.
Systemax is owned by Systemax Inc, a $1.5 billion, Fortune 1000 company with facilities in the US and throughout Europe.
For further information, please contact:
Enquiries: Business Post Group plc
Peter Fitzwilliam (Finance Director) 01753 706070
Bankside Consultants Limited
Charles Ponsonby 020 7444 4166
Systemax Europe Limited
Les Biggs (V.P. European Operations) 01895 866001
Roddy Payne (General Manager) 01475 502016
