Press Release

Mail Boxes Etc. worldwide celebrates its first year

Milan, June 25 2010. – MBE Worldwide, the newly formed affiliate of the Fineffe group celebrates its first anniversary as global franchisor holding the first global meeting in Milan, Italy. From 3-5 June 2010, Master Franchisees coming from all over the world gathered at the company’s headquarters for a three-day Convention under the motto “Connect for Growth”.

Milan, June 25 2010. – Mail Boxes Etc., the largest international network for services and outsourced support for business and private customers, celebrated its first year of activity hosting the first international Convention of Master Licensees from 3-5 June 2010 in Milan, Italy.

Under the motto “Connect for Growth”, Master Licensees of the MBE network gathered in Milan to broaden their international collaboration. Combining its know-how and experience coming from the role of franchisor and that of Master Licensee for MBE’s stores in Italy, Spain and Germany/ Austria, MBE Worldwide was the host of this event and welcomed guests at its global offices.

For three days, participants shared experiences, best practices, ideas reviewing the methods and processes of MBE experts. The company launched its new corporate website, i.e. www.mbeglobal.com and presented new tailor-made IT solutions implemented to help countries to better manage their daily business activities.

A special focus was given to network growth and development. A group of hands-on experts who reached outstanding results with their MBE stores in Spain, Italy and Austria shared their ideas and best experiences. The group of participants had also the opportunity to visit two of the most profitable Italian MBE stores, one in Milan and one in Brescia.

The management teams of MBE Italy, Spain, and Germany/Austria also joined the event in order to meet their international partners.

The main objective of this meeting was to share and exchange experiences, identifying new business opportunities, analyzing the benefits provided by MBE products and services and comparing strategies in order to attract more prospect customers and to grow steadily as well as consistently.

Mail Boxes Etc. is a network consisting of more than 1.250 independent franchisees that apply the MBE business concept, thanks to Master Licensees located in more than 30 countries worldwide (including Italy, Spain, Germany, United Kingdom, Mexico, Japan, Australia, Venezuela, Austria, Panama, Brazil, Colombia, Malaysia and Thailand) with an aggregated turnover in 2008 of about 330 million Euros.

_{The Fineffe Group is the holding company of the Fiorelli Family business interests, operating since 1993 with affiliates for retail services under the following brands: Mail Boxes Etc., Western Union and Direfarestampare. Founder and Chairman Graziano Fiorelli joins son Paolo, CEO, to direct more than 300 associates from its Milan headquarters. The company generated consolidated revenue of more than US$193 million (145 million euro) in 2008.}