October 28, 2009

PostNet partners with Shred-it to provide industry- leading document destruction business solutions

PostNet partners with Shred-it to provide industry-leading document destruction business solutions

RICHMOND HILL, ON – October 28, 2009 – PostNet, the Ultimate Business Support Centre, has partnered with Shred-it to deliver secure document destruction solutions. Under this partnership, PostNet stores across Canada will be outfitted with secure Shred-it shredding consoles. PostNet customers will be able to drop off their private documents to be safely and conveniently shredded on site to reduce the risk of identity theft and security breaches.

“Small businesses and families need to know that their private documents can be destroyed and recycled in a manner that leaves them as protected as big corporations, but in a manner that is cost-effective for them,” states Rob Anderson, PostNet President.

With technologies growing at a rapid rate, consumers and businesses are experiencing more and more cases of identity theft and information leaks. According to the Identity Theft Resource Center's 2008 Breach report, data breaches rose dramatically in 2008, representing an increase of 47 per cent over the previous year's total. The risk of a breach can be reduced by securely destroying documents that contain sensitive information.

“Shred-it is very excited about the new strategic partnership with PostNet,” says Jeremy Fazio, Account Executive at Shred-it. “With the increased importance of minimizing the risk of identity theft and fraud, it will now be even more convenient for Canadians to use Shred-it’s secure document destruction services to protect themselves.”

In addition to being security-focused, both PostNet and Shred-it are mindful of how their products and services affect the environment. PostNet is moving forward with The Forest Stewardship Council (FSC) Certification, which ensures that good forestry practices are followed throughout the entire process from forest to consumer. Shred-it is also committed to environmental sustainability: all shredded documents are recycled and turned into various types of paper products, saving more than 9 million trees annually.

About PostNet

PostNet is the ultimate business support centre. The company has grown to more than 900 franchises throughout North America and abroad and is working towards a goal of 1,500 global franchises within three to five years. Myles Franchise Corporation is the Canadian Master Franchisor for PostNet. For more information, visit www.postnet.ca.

About Shred-it

Shred-it is a world-leading information security company providing services that ensure the security and integrity of its customers’ private information. The company operates 140 service centres in 16 countries worldwide and has more than 20 years of experience. Shred-it services over 150,000 global, national and local businesses, including the world’s top intelligence and security agencies and more than 500 police forces, 1,500 hospitals, 8,500 bank branches and 1,200 universities and colleges. For more information, please visit www.shredit.com