FRANCOTYP-POSTALIA GETS AUTHORIZATION FOR ITS FRANKING MACHINES FOR INDIA

 Francotyp-Postalia, a service provider operating worldwide in the outbound mail business, has secured its entry into the Indian market for its franking machines. This move will enable its business to expand further in the Asian region. The Company has been granted certification for its ultimail 30, 60 and 90 franking machines which will now be distributed in this dynamically growing market. These machines comply with the latest requirements of the Indian Postal Authority and feature ink-jet technology, 2D matrix bar code and the so-called "Remotely Managed Franking System" (RMFS). Additionally, the modular concept used in ultimail franking machines gives them enormous flexibility in use.

Referring to the entry into the Indian market, general manager of Francotyp-Postalia Asia Marc Sempell stated: "Our distribution process is now backed in the region by Forbes Technosys Ltd - a very powerful organisation with a long-standing tradition." Forbes Technosys Ltd. is a subsidiary of Forbes & Company, India's oldest company, founded in 1767.

FP Asia expects sales of over 400 machines in India during 2010, and is aiming for a market share of around 10 percent over the next three years. "India is a growth market with great potential. Gaining certification for our franking machines gives us a basis with which to participate in expected growth over the coming years. This move shows that we are driving forward the global expansion of both our technology and our Company," commented Andreas Drechsler, member of the Managing Board of Francotyp-Postalia.