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Swiss Post intends to acquire Document Services from Telekurs

Zurich (ots)

Swiss Post intends to acquire Document Services
from Telekurs Group. An agreement has been signed by both partners.
Document Services has a workforce of around 100 in Wallisellen and is
the leader in Switzerland for pre-printing, printing & dispatch,
scanning/document processing, electronic document management and
archiving. Swiss Post offers a similar service with HybridPost and
wants to improve its market position through this acquisition. As a
result of the takeover, business customers of Swiss Post will benefit
from a comprehensive document management offering combined with other
Swiss Post services. The execution is due to be made in December
2004. The acquisition of Document Services from Telekurs will not
entail any job cuts.
Swiss Post intends to acquire the Document Services unit of
Telekurs Group. Document Services is the number one in the
comprehensive field of document management. An agreement has been
signed by both partners. The execution is due to be made in December
2004. Telekurs assessed a number of internal and external options for
positioning its Document Services unit. In Swiss Post it has found a
partner which can secure long-term development opportunities and
further expand its leading position in document management.
Everything from a single source - a range of additional services
for customers
Swiss Post already offers customers in Zurich a similar service in
the form of HybridPost, where business customers transmit data
electronically or on physical media to Swiss Post for bulk or
individual mailings. The documents are printed on paper, packaged and
dispatched at the Swiss Post processing centre. HybridPost is an
innovative and future-oriented service used mainly by companies and
authorities, - e.g., for invoices. By acquiring Document Services,
Swiss Post will expand its expertise in this area, generate new
letter volumes with this added-value service and reduce returns.
Business customers will benefit in future from a comprehensive
document management offering, in combination with other Swiss Post
services, thus handing over time-consuming administration to Swiss
Post.
New subsidiary for Mail
Over the past year, Document Services and its staff of 100 handled
130 million pages, 50 million items and 6 million scanned documents.
Swiss Post plans to group the management and employees of Document
Services and the 20 employees at HybridPost into a new subsidiary in
the Mail business area. The acquisition of Document Services from
Telekurs will not entail any job cuts.
The same press release will be issued by Swiss Post.

Contact:

Swiss Post Media Unit
Tel. +41/(3)1/338'13'07
E-Mail. presse@post.ch

Telekurs Group Media Unit
Tel. +41/(0)1/279'22'20
E-Mail: pr.holding@telekurs.com

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