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To: Buckey who wrote (89357)8/1/2001 8:16:08 AM
From: Michael E. Baldino  Respond to of 150070
 
NEWS USXP:
NEW YORK--(BUSINESS WIRE)--Aug. 1, 2001--Universal Express,
Inc.'s (OTC:USXP) General Counsel, Chris Gunderson, announced today
that the Company's attorney Arthur Tifford, has filed executions in
Florida to cover any assets of the defendants in that state covered by
the $389 million judgement received by the Company.
"This is the first step in a series of steps which will be taken
toward collection efforts on the judgement," stated Mr. Gunderson.
Universal (USXP) operates several other subsidiaries in logistics
(Luggage Express(TM)) and International shipping (WorldPost). Its
association of private postal stores (PBC) provides various support
services and numerous other programs to its members.
Visit Universal Express and its subsidiaries on the web at
usxp.com