Toshiba Europe wins 66 mln eur order from French postal service

Toshiba Corp said its German subsidiary, Toshiba Europe GmbH, has won a contract worth roughly 66 mln euro or 9 bln yen to provide La Poste, the French postal service, with an advanced mail-processing system.

Under the terms of the contract, Toshiba Europe will deliver up to a total of 100 units of mail-processing equipment that will promote increased efficiency in mail delivery, with the ability to process more than 30,000 pieces of mail an hour, Toshiba said in a statement.

The contract has a term of three years, it said.

The company said it will start to deliver the systems to appointed destinations in France in May 2005.

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Toshiba to supply mail-processing system to French postal service+
AP Alert – BusinessAP Alert – HiTech 09-16-2004
Toshiba Corp. said Thursday it has won a contract to provide French postal service La Poste with an advanced mail-processing system that will enable increased efficiency and reliability in mail delivery.

Under the terms of the 3.5 billion yen contract, Toshiba’s German subsidiary, Toshiba Europe GmbH, will deliver at least 40 units of culler facer cancellers in the model TSC-1000 series over three years starting May next year, the company said.

Depending on the system’s performance, La Poste will consider introducing up to another 60 units, which would bring the total value of the order to about 9 billion yen, it said.

Toshiba’s mail-processing system integrates a high-performance optical character reader to recognize addresses for sorting purposes and can process more than 30,000 pieces of mail an hour.

A culler facer canceller separates out mail pieces that cannot be machine-processed as letter-class items, scans them to recognize the stamps and addresses, and cancels the postage stamp before sorting them by category or destination or both.

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