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Microcap & Penny Stocks : Emerging Company Report TV Program

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To: dbmedia who started this subject	9/25/2001 6:27:23 PM
From: dbmedia	of 526

Universal Express $389 Million Dollar Judgment Attorney's Statement NEW YORK--(BUSINESS WIRE)--Sept. 24, 2001--Universal Express, Inc.'s (OTC:USXP - news) General Counsel, Chris Gunderson provided today, due to shareholder questions, the following updated statement from the Company's lead counsel, Arthur W. Tifford, Colonel, U.S. Marine Corps (Ret.): ``Despite some understandable banking and administrative setbacks due to the September 11th attack, I believe that the $389 million dollar judgment in favor of the Company is substantially collectible over a relatively short period of time pursuant to a myriad of recovery efforts already underway, not all of which can be disclosed at this time due to the confidential nature of our national and international efforts. Garnishments and attachments are being filed expeditiously and although we all sometimes get impatient, speed in this case is not as important as thoroughness.'' Universal (USXP) operates several other subsidiaries in logistics (Luggage Express(TM)) and International shipping (WorldPost(TM)). Its association of private postal stores (PBC) provides various support services and numerous other programs to its members.

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