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MPA Offers Positive Comments On USPS Transformation Plan

Press release from the issuing company

Nina Link, President & CEO, MPA NEW YORK--April 8, 2002--"Magazine Publishers of America (MPA) commends Postmaster General Potter for his leadership. We believe the Postal Service's transformation plan, as presented to Congress yesterday and to the general public today, is a positive step toward beginning to address the Postal Service's immediate and long-term problems. We especially welcome its commitment to not raise postal rates again any earlier than calendar year 2004. We also appreciate the Postal Service's commitment to move forward immediately with the type of pricing and operational efficiency reforms that the MPA has long called for - including the closing and consolidation of redundant facilities, the acceleration of other cost control measures, and the pursuit of modernized and innovative pricing practices. This lengthy and comprehensive document will take more time to examine thoroughly. Once we have had time to do so, we will comment further." Magazine Publishers of America is the industry association for the consumer magazine business. Established in 1919, the MPA represents more than 240 domestic publishing companies with approximately 1,400 titles, more than 80 international companies and more than 100 associate service providers. Staffed by magazine industry specialists, the MPA is headquartered in New York City, with an office of government affairs in Washington, D.C.