Business Post Group PLC
12 March 2002
BUSINESS POST GROUP plc
APPOINTMENT OF DEPUTY CHAIRMAN/BUSINESS COLLABORATION
As a further milestone in the development of its business mail services,
Business Post (BPG.L) announces both the appointment as Deputy Chairman of Bill
Cockburn and a business collaboration between its subsidiary, UK Mail, and
Bill Cockburn appointed Deputy Chairman
Business Post, one of the UK's leading express parcel delivery companies, is
pleased to announce the appointment of Bill Cockburn as Deputy Chairman from 1
April 2002. He is a former Managing Director of Royal Mail and was Chief
Executive of The Post Office from 1992 to 1995.
As non-executive Deputy Chairman, he will support the Board in the successful
development of all Business Post activities. He will also play a leading role
in developing UK Mail Ltd, Business Post's new business mail subsidiary. He
will chair its executive team meetings, support business development with large
customers, work with regulatory bodies, and develop strategic alliances/
co-supplier arrangements for mail services both in the UK and world-wide.
Welcoming Bill Cockburn's appointment, Peter Kane, Chairman of Business Post,
stated 'Bill's appointment shows how seriously we are taking the opportunity
created by the deregulation of the UK mail market and the award of a licence to
UK Mail. Our aim is to stimulate the market through innovation, customer
satisfaction and value for money and to work collaboratively with Royal Mail to
support the universal service obligation'.
Paul Carvell, Chief Executive, added 'Within three or four years, UK Mail is
looking for a 2-3% share of the letter delivery market and we believe that Bill
Cockburn will play a significant role in helping us to achieve this objective'.
Bill Cockburn, 59, is currently, in a non-executive capacity, Chairman of Parity
Group plc and a Director of Lex Service plc. Previously he was Group Managing
Director of BT, Chief Executive of W H Smith and a non-executive Director of
Centrica. Mr Cockburn held no directorship in any other publicly quoted company
during the previous five years and there are no details to be disclosed by Mr
Cockburn under paragraphs 6.F.2 (b) to 6.F.2 (g) inclusive of the Listing
UK Mail and Pitney Bowes work together on new business mail service
UK Mail, the Business Post subsidiary which is an early mover in the
liberalisation of the UK business mail market, is to work with Pitney Bowes,
which is the world's leading provider of mail management solutions, on the
automation of mail management and payment solutions for its new service.
Pitney Bowes will supply technology permitting UK businesses the chance to pay
for their mail in a familiar and convenient way. Pitney Bowes has worked with
posts and carriers for many years to bring choice of services to its customers
and this is an innovative extension of that business line in the UK.
Paul Carvell, Chief Executive of Business Post, stated ' Pitney Bowes'
technology will give UK business customers around the country access to our new
service, providing an efficient, established method of revenue collection .'
Patrick Keddy, President, Mailing Systems EAME of Pitney Bowes, said 'Pitney
Bowes sees itself as offering easy access for its customers to mail services and
is delighted to be involved in the development of this new product for business
mailers. Pitney Bowes has a wide portfolio of products for posts and private
carriers and will remain on the leading edge of developments within the UK
Notes for editors:
Business Post, which was founded by the current Chairman in 1971, is estimated
to be the UK's fifth largest express parcel delivery company, with a market
share that has risen to approximately 6%. From its national operational hub in
Birmingham and 62 other depots (40 of them franchised), its 1,200 drivers cover
the UK. Business Post primarily operates at the top end of the
business-to-business market, focusing primarily on overnight deliveries, and its
customer base exceeds 18,000 business accounts.
Business Post also has a courier business, UK Today, and a business-to-consumer
UK delivery service, HomeServe, which was founded in January 2000, whilst its
international business has been boosted by the contract with FedEx, the world's
largest express transportation company, to be its UK Global Service Participant
with effect from September 2001.
On 20 November 2001, UK Mail was awarded by Postcomm, the independent postal
services regulator, a one year interim licence with effect from 1 April 2002
conferring 'downstream' access to the Royal Mail's delivery network in certain
strategic UK locations.
On 31 January 2002, Postcomm published a report indicating that UK Mail would be
able to secure a long term licence for collections by all its 63 depots.
Postcomm will finalise its proposals in April.
With UK Mail continuing in negotiations with the Royal Mail as to the terms of
trading and the modus operandi between them, a start date for its mail service
of late Spring/early Summer is now more likely.
Pitney Bowes Inc. is a $4 billion global provider of integrated mail, messaging
and document management solutions headquartered in Stamford, Connecticut. The
company serves over 2 million businesses of all sizes in more than 130 countries
through dealers and direct operations. For additional information about Pitney
Bowes, please visit its web site at www.pitneybowes.co.uk.
Business Post Group plc
Paul Carvell (Chief Executive) 0121-335 1111
Peter Fitzwilliam (Finance Director) 01753 706070
Bankside Consultants Limited
Charles Ponsonby (PR) 020-7 444 4166
Chris Munden (IR) 020-7 444 4150
This information is provided by RNS
The company news service from the London Stock Exchange