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The Instant Web Companies Responds to S.380 Passage by U.S. House

Press release from the issuing company

Chanhassen, MN (April 9, 2003) — With the passage of S. 380 by the United States House of Representatives on Tuesday, April 8, 2003, the mailing industry is one step closer to certainty that postage rates will not increase for at least three years. IWCO has been an active supporter of this legislation because it addresses the critical issue of pension reform for the U.S. Postal Service and it will allow stable postage rates for the mailing industry until at least 2006. The bill now goes to the President for signature. If signed into law, the bill will assure that U.S. Postal Service rates will not increase for at least three years. “We are gratified by how quickly Congress has acted on S. 380,” said Jim Andersen, IWCO president and CEO. “Passage of this legislation provides the breathing room needed to thoughtfully address more extensive postal reform issues. We now look forward to the conclusions due in July from the President’s Commission on the United States Postal Service. We commend the many mailing industry organizations such as the Mailers Council, the Association for Postal Commerce (PostCom) and the Envelope Manufacturers Association (EMA) for being the catalysts for this much needed step in postal reform.” The Instant Web Companies, headquartered in Chanhassen, MN, has served the needs of North American direct marketers for more than 34 years. IWCO provides integrated direct mail services resulting in streamlined production for all components – printing, plastics, envelope conversion and mailing. IWCO’s industry experience and technology along with proprietary P.O.S.T. (Postal Optimization Strategy and Technologies) and RideShare commingling and logistics management programs deliver dramatic postage savings and faster time to market.