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To: DR. MEADE who wrote (28030)6/30/1998 9:33:00 AM
From: Rande Is  Respond to of 34592
 
It's official:::REVERSE Split du jour:::PKGP:::
Packaging Plus Services Announces Stock Split & Declares Dividend

PLAINVIEW, NY--(BUSINESS WIRE)--June 30, 1998--PACKAGING PLUS SERVICES,
INC. (OTC BB:PKGP) today announced a reverse stock split of its Class
'A' common shares. The Company will exchange one (1) newly issued share
for seventy (70) currently outstanding shares. Effective today, the
shares will trade under the Company's new name, UNIVERSAL EXPRESS, INC.
and new Symbol: USXP.

Further, the Company's Board of Directors is pleased to announce it has
declared a Dividend for all stockholders of record as of today. The
Dividend will be one (1) 'A' Warrant and one (1) 'B' Warrant for every
three ((3) post split shares held. The Warrants will be attached to all
newly issued shares. The 'A' Warrants will entitle the holder to
purchase one (1) restricted share of USXP @ $6.00 per share for twelve
(12) months; the 'B' Warrant will be for one (1) restricted share @ $10
for twenty-four (24) months.

Richard A. Altomare, Chairman of the Board, stated: "The Company wishes
to sincerely thank our loyal shareholders and we urge all to notify
their Securities Firms to request physical delivery of their stock
certificates. This is mandatory for all shareholders who wish to receive
new certificates of USXP and the applicable Warrant Dividend". Mr.
Altomare continued, "Our new identity, new capitalization and recent and
planned acquisitions all make for a very exciting future for UNIVERSAL
EXPRESS".

PACKAGING PLUS SERVICES, INC. (UNIVERSAL EXPRESS) owns and operates
several subsidiaries in the packaging and shipping business including
THE ASSOCIATION OF PACKAGERS AND CARRIER (APAC), a nationwide
association of independent postal/business service centers. The
Association provides access to business services and logistically
convenient and cost effective delivery of goods worldwide. PKGP's other
subsidiaries are engaged in corrugated container manufacturing,
advertising and other support services for APAC.

CONTACT:

Barbara Halpern

Tel: 516-349-1300



To: DR. MEADE who wrote (28030)6/30/1998 10:36:00 AM
From: jack w garnes jr.  Respond to of 34592
 
Meade,
You didn't recommend anything that showed a profit...the only thing
you recommend is dogs... JG



To: DR. MEADE who wrote (28030)6/30/1998 10:53:00 AM
From: DR. MEADE  Read Replies (2) | Respond to of 34592
 
I must defend myself here against these unwarranted attacks from Jack
Garnes.The best way I can do that, is to suggest, to all who are
interested, go to his profile and read his posts. They are all attacks
on others and negative, confrontational remarks meant to illicit
responses in defence of his targeted comments. I need say no more. Sorry
to take up this threads' space for this, however, he is getting out of
hand. Regards, DR. MEADE