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Corporate Profile for Mail Boxes Etc., dated March 29, 1996.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. .

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Published date:   March 29, 1996


Company name:     Mail Boxes Etc.(R)


Address:          6060 Cornerstone Court West
                  San Diego, Calif. 92121-3795


Telephone No.:    619/455-8800
Fax No:           619/546-7488


Chief Executive
 Officer:         A.W. (Tony) DeSio


Chief Financial
 Officer:         Gary S. Grahn


Investor Relations
 Contact:         Gia Derrick
 Business number: 619/455-8996


Public Relations
 Contact:         Mary E. Schmidt
 Business number: 619/455-8936


Trading symbol:   MAIL


Industry:         Franchisor of neighborhood postal business and
                  communications service centers.




Company description: Mail Boxes Etc.(R) (MBE MBE (in Britain) Member of the Order of the British Empire

MBE n abbr (BRIT) (= Member of the Order of the British Empire) → título ceremonial

MBE n abbr (Brit) (=
) is the world's largest franchisor of postal, business and communication service centers, with nearly 3,000 independently owned centers operating worldwide.

In January 1996, Entrepreneur magazine Entrepreneur Magazine is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities.

This magazine is published monthly, with a total of 12 issues annually. (No special extra issues are published.
 ranked MBE as the No. 1 business services franchise in its "Franchise 500," No. 8 in the Top 500 and No. 13 in the Top 30 fastest growing franchises. In Entrepreneur's 1995 Top 500, MBE was named the No. 1 non-food franchise.

Founded in 1980, the company began franchising in 1980. MBE went public in 1986 and is traded as MAIL on NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
. On average, Mail Boxes Etc. opens one new franchise center every day, and the company anticipates exceeding 5,000 locations worldwide by the year 2000.

Total sales reported by franchised centers for the fiscal year ending April 30, 1995, were $1.134,432,035, up 23% from the previous fiscal year. Stock high for FY95 was $11.25, with a low of $6.63. During the first and second quarters of FY95, stock has varied from $10.50 to $6.63. Net income for fiscal year 1995 increased 12% to $6,769,760.

The MBE Network is also uniquely positioned to satisfy a growing need for retail outlets retail outlet npunto de venta

retail outlet npoint m de vente

retail outlet retail n
 capable of dispensing a broad variety of services to customers of large organizations. The company's national client list includes such prominent names as Xerox, Canon, Hewlett Packard, Toshiba, Motorola and many others. With an increasingly substantial international presence, Mail Boxes Etc. has also been honored numerous times for the significant role the company plays in the global economy.

CONTACT: Mail Boxes Etc.
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 29, 1996
Words:416
Previous Article:Corporate Profile for Oshkosh Truck Corp., dated March 29, 1996.
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