/C O R R E C T I O N From Source -- Pudo Inc./

In the news release, PUDO North America and P2P Mailing Ltd UK Enter into Three-year Agreement, issued 01-May-2017 by Pudo Inc. over CNW, the company would like to clarify that P2P Mailing Ltd. is part of The Delivery Group. The complete, corrected release follows:

PUDO North America and P2P Mailing Ltd UK Enter into Three-year Agreement

TORONTO, May 1, 2017 /CNW/ - PUDO Inc. ("PUDO") (CSE: PDO; OTCQB; PDPTF), announced today that it has entered into a three-year agreement with P2P Mailing Ltd. P2P, part of The Delivery Group, is one of the UK's leading international ecommerce logistics operations and is partnered with some of the largest and most prominent retail brands.

The program provides P2P's business customers with convenient, courier-neutral delivery locations in North America that provide delivery and pickup options which meet the demands of international shoppers.

"With P2P's experience in global distribution and their aim to remove cross-border boundaries to help retailers sell more internationally, we are excited about our agreement with P2P," said Frank Coccia, Founder and Chief Executive Officer of PUDO Inc. "It's yet another positive step in the evolution of PUDO in North America".

"Finally we have been able to partner with a network solution that until now had been missing in North America, and a network of pickup locations that are not bound to any one carrier is truly amazing," said Ian Dowie, CEO of P2P Mailing Ltd.

About P2P Mailing Ltd.

P2P Mailing Ltd are part of The Delivery Group. We are a distribution provider dedicated to e-commerce. Our delivery and returns services have been developed in close dialogue with online retailers to ensure we address the challenges of the retail sector.

Across the management team, we have over 125 years' experience in global distribution. Ultimately, P2P Mailing Ltd aims to help retailers sell more internationally by removing cross-border boundaries. "We know from experience that every local markets delivery expectations are different, and consumers are increasingly demanding delivery and returns options to suit their different lifestyles".

''Our delivery and returned services branded TrakPak have been developed with a focus on providing a range of services that clearly demonstrate this "global reach with a local touch" approach and we are continuously adding trusted, familiar delivery and returns options to meet the demands of international shoppers.

About PUDO Inc.

Founded in 2015, PUDO Inc. is developing North America's only "carrier-neutral" parcel pick-up/drop-off network. No other company in North America offers staffed retail locations; open for extended hours, to receive consumer deliveries by any carrier.  PUDOpoints include convenience stores, gas station mini-marts, and grocery stores.

Through the PUDOpoint™ network, consumers can control parcel deliveries – receiving online parcels wherever they want, whenever they want – a fully customizable and convenient method of delivery.  When packages arrive at the chosen PUDOpoint, customers are automatically notified via text or email that their package has arrived and is ready for pick-up.  E-commerce companies and other shippers utilizing PUDO can save on residential "last mile" delivery costs.  Consumers can avoid the frustration and inconvenience of missed or stolen deliveries.  The final destination of the parcel becomes the safe, staffed retail environment of a PUDOpoint.

With a growing network of PUDOpoint locations across the U.S. and Canada, PUDO is revolutionizing the North American parcel shipping model.  PUDO was recently named one of the Top 20 most innovative public technology companies by the Canadian Innovation Exchange.  For more information, please visit:  www.pudoinc.com or www.pudopoint.com. Follow PUDO on Facebook and Twitter.

This press release contains forward-looking statements. The use of any of the words "anticipate", "believe", "expect", "plan", "intend", "can", "will", "should", and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

 

SOURCE PUDO Inc.

For further information: please contact: Karen Speight, Direct Line: 1-506-694-1250, kspeight@pudoinc.com

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