Universal Express Receives Saudi Investments
2006-02-24 10:00 ET - News Release
NEW YORK -- (Business Wire) -- Feb. 24, 2006
Universal Express Inc. (OTCBB: USXP), has begun to
receive initial investments from its new Gulf Partners.
"In addition, Universal Express has today submitted its corporate
brokerage account forms to invest a percentage of these investments to
purchase AirNet and its own Universal Express stock on the open
market," said Richard Altomare, CEO and Chairman of Universal Express,
Inc.
"Obviously, we're pleased with the continued confidence and
support of our Saudi and Dubai partners," concluded Richard Altomare.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and
transportation conglomerate with multiple developing subsidiaries and
services. For additional information please visit www.usxp.com
Safe Harbor Statement under the Private securities Litigation
Reform Act of 1995: The statements contained herein, which are not
historical, are forward-looking statements that are subject to risks
and uncertainties that could cause actual results to differ materially
from those expressed in the forward-looking statements including, but
not limited to, certain delays beyond the Company's control with
respect to market acceptance of new technologies, products and
services, delays in testing and evaluation of products and services,
and other risks detailed from time to time in the Company's filings
with the Securities and Exchange Commission.
Contacts:
Universal Express, Inc.
Mark Falk, 631-588-1644
publicrelations@usxp.com |
