PUDO Inc and Metro Logistics Inc partnering to make delivery more efficient for their e-commerce customers
Toronto, Ontario, May 01, 2017 – PUDO Inc. (“PUDO”) (CSE: PDO; OTCQB; PDPTF), announced today that it has entered into a three-year agreement with P2P Mailing Ltd. P2P, part of The Delivery Group, is one of the UK’s leading international ecommerce logistics operations and is partnered with some of the largest and most prominent retail brands.
The program provides P2P’s business customers with convenient, courier-neutral delivery locations in North America that provide delivery and pickup options which meet the demands of international shoppers.
“With P2P’s experience in global distribution and their aim to remove cross-border boundaries to help retailers sell more internationally, we are excited about our agreement with P2P,” said Frank Coccia, Founder and Chief Executive Officer of PUDO Inc. “It’s yet another positive step in the evolution of PUDO in North America”.
“Finally we have been able to partner with a network solution that until now had been missing in North America, and a network of pickup locations that are not bound to any one carrier is truly amazing,” said Ian Dowie, CEO of P2P Mailing Ltd.
”Our delivery and returned services branded TrakPak have been developed with a focus on providing a range of services that clearly demonstrate this “global reach with a local touch” approach and we are continuously adding trusted, familiar delivery and returns options to meet the demands of international shoppers.
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About PUDO Inc.
Founded in 2015, PUDO Inc. is developing North America’s only “carrier-neutral” parcel pick-up/drop-off network. No other company in North America offers staffed retail locations; open for extended hours, to receive consumer deliveries by any carrier. PUDOpoints include convenience stores, gas station minimarts, and grocery stores in local communities.
Through the PUDOpoint™ network, consumers can control parcel deliveries – receiving online parcels wherever they want, whenever they want – a fully customizable and convenient method of delivery. When packages arrive at the chosen PUDOpoint, customers are automatically notified via text or email that their package has arrived and is ready for pick-up. E-commerce companies and other shippers utilizing PUDO can save on residential “last mile” delivery costs. Consumers can avoid the frustration and inconvenience of missed or stolen deliveries. The final destination of the parcel becomes the safe, staffed retail environment of a PUDOpoint.
With a growing network of PUDOpoint locations across the U.S. and Canada, PUDO is revolutionizing the North American parcel shipping model. PUDO was recently named one of the Top 20 most innovative public technology companies by the Canadian Innovation Exchange.
About P2P Mailing Ltd.
P2P Mailing Ltd are part of The Delivery Group. We are a distribution provider dedicated to e-commerce. Our delivery and returns services have been developed in close dialogue with online retailers to ensure we address the challenges of the retail sector.
Across the management team, we have over 125 years’ experience in global distribution. Ultimately, P2P Mailing Ltd aims to help retailers sell more internationally by removing cross-border boundaries. “We know from experience that every local markets delivery expectations are different, and consumers are increasingly demanding delivery and returns options to suit their different lifestyles”.
Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO’s technology and possible future expansions of PUDO’s operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO’s ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company’s public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management’s reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes.
The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by law.
For further information about PUDO, please contact:
Karen Speight
1-506-694-1250,
karen.speight@pudopoint.com
SOURCE: PUDO Inc.
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