Neopost and Esker Finalise Joint Venture

The agreement allows the two partners to market Esker’s cloud-based automation solutions to SMEs/SMIs via Neopost’s worldwide network.

Sydney, Australia — August 5, 2015 — Neopost, the number two worldwide supplier of mail solutions and a significant player in the fields of communication and shipping solutions, and Esker, a worldwide leader in cloud-based document process automation solutions, today announced the finalisation of their joint venture to market cloud-based solutions to SME/SMI clients worldwide, which allow for on-demand mail distribution and the automation of supplier invoices and customer invoices.

The creation of this joint venture, owned 70% by Neopost and 30% by Esker, follows the signature of a memorandum of understanding announced on March 31, 2015.

Neopost and Esker confirm that the software as a service (SaaS) solutions, based on Esker’s cloud platform, will be marketed by the Neopost network under the Neopost brand.

About Neopost

NEOPOST is the number two worldwide supplier of mail solutions and a major player in the fields of communications and logistics solutions. Its purpose is to help businesses improve the management of their interactions with clients and stakeholders. Neopost supplies the most technologically advanced solutions for physical mail processing (franking, folding/inserting), digital communication management (customer communication management and data quality software) and process optimisation for the logistics chain and e-commerce (from order taking to delivery, including traceability and associated services).

With a direct presence in 31 countries and over 6,000 employees, Neopost posted annual sales of €1.1 billion in 2014. Its products and services are sold in more than 90 countries.
Neopost is listed in Compartment A of Euronext Paris and belongs notably to the SBF 120 index.