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To: ChrisJP who wrote (91257)9/6/2001 11:15:57 AM
From: Jim Bishop  Respond to of 150070
 
USXP Universal Express Announces Further Locations for Collection On $389 Million
Judgment


Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 6, 2001--Universal Express,
Inc.'s (OTC BB:USXP) General Counsel, Chris Gunderson, announced today
that collection steps for the $389 million judgement for hard assets,
accounts, stock certificates, currency and bouillon would involve
additional cities and countries in which the defendants operated
principal offices and branches, including Atlanta, Chicago, Dallas,
Denver, Hartford, Los Angeles, Phoenix, New York, Palm Beach,
Washington D.C. and Brazil, Canada, Germany, India, Mexico,
Netherlands, Russia, Spain and Venezuela.
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.
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 or products delays in
testing and evaluation of products, and other risks detailed from time
to time in the Company's filings with the Securities and Exchange
Commission.

--30--ad/ny*

CONTACT: Universal Express, Inc.
Chris Gunderson, 917/639-4154

KEYWORD: NEW YORK
INDUSTRY KEYWORD: TRANSPORTATION
SOURCE: Universal Express, Inc.

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