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IWCO Direct, headquartered in Chanhassen, MN, has served the needs of North American direct marketers for more than 35 years. IWCO Direct provides direct marketing like no one else by seamlessly integrating direct mail services, resulting in streamlined production for all components - printing, plastics, envelope conversion and mailing. IWCO Direct's industry experience and technology along with proprietary IWCO P.O.S.T. (Postal Optimization Strategy and Technologies) and RideShareÔ commingling and logistics management programs deliver dramatic postage savings and faster time to market. In July, 2005, IWCO Direct acquired the operating assets of Fala Direct Marketing, Inc., a leading direct marketing production services company. The acquisition expanded production capacity, products and services, and geographic presence with the addition of facilities in Farmingdale and Melville, NY. In October, 2006, IWCO Direct signed an agreement to purchase the Valpak production facility in Elm City, NC, from Cox Target Media. The acquisition of this facility enhances our strategic initiative to deliver unsurpassed value to customers through expanded capacity, postal optimization, reduced cycle times and integrated solutions. IWCO Direct will invest more than $30 million in the Elm City facility over three years.