AURORA, Colo., April 29 /PRNewswire/ -- Following on the wave of their
most successful year ever, Pak Mail Centers of America, Inc.
(OTC Bulletin Board: PMCX) showed a profit in the 1st quarter of their fiscal
year. The three months ending February 28, 1998, showed revenues up $140,000
over the same period in 1997.
The most significant area of increase is reflected in the royalty income
from the franchises. The 14.5% royalty revenue increase of more than $87,000
over last year results from the increase in business at the individual store
level and the increase in the number of operating stores.
"This is the first time in our history that we have shown a profit in
first quarter. While we have managed to keep our expenses even with last
year, we have clearly made outstanding, positive strides on the income side,"
says Pak Mail CEO John Kelly.
With more than 325 operating centers, Pak Mail has been offering
franchises since 1984. Headquartered in Aurora, Colorado, Pak Mail Centers of
America, Inc. is a publicly held company traded under the symbol PMCX. For
information, call 1-800-833-2821.
SOURCE Pak Mail Centers of America, Inc.
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CONTACT:
Ray Goshorn, Pak Mail Centers of America,
Inc., 303-752-3500; or Sandy Lasky, Lasky & Co., 303-751-3434
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