To: THOMAS GOODRICH who wrote (1409 ) 3/30/1999 3:23:00 PM From: wlcnyc Read Replies (1) | Respond to of 2347
Hang on to your stock......biz.yahoo.com -------------------------------------------------------------------------------- Tuesday March 30, 2:09 pm Eastern Time Company Press ReleaseUniversal Express Inc. Declares 4% Stock Dividend PLAINVIEW, N.Y.--(BUSINESS WIRE)--March 30, 1999--Universal Express (OTC BB:USXP), today announced a 4% stock dividend payable to shareholders of record on the close of business April 30, 1999. Mr. Richard Altomare, President and CEO of USXP, commented, ''We certainly appreciate our many valued and loyal shareholders who share our vision of having USXP become the dominant force in the private postal and business service centers industry. Our ASSOCIATION OF PACKAGERS AND CARRIERS (APAC) network is now in excess of 7,000 members and is continually growing at a nice steady pace. Our infrastructure is in place and we have established solid strategic business relationships with Kodak (NYSE:EK - news), Atcall, Panasonic, Nova, Paychex (Nasdaq:PAYX - news), MBNA Bank (NYSE:KRB - news), Rediform, Thrifty Car Rental (NYSE:DTG - news), The Internet Advisory Corp. (OTC BB:PUNK), and RDI Marketing (OTC BB:RDIM). We are proud of our accomplishments to date and feel that we are now well positioned to experience a period of rapidly expanding revenues and increasing profitability.'' Investors are encouraged to visit Universal Express's web sites at usxp.com and manhattanconcierge.com . To see a recent research report on USXP, go to wallstreetresearch.net . Investor Contact: James Stock, President of STOCK ENTERPRISES at 702/614-0003 Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's domestic and international operations, imprecision in estimating product reserves and the Company's ability to replace and expand its holdings. -------------------------------------------------------------------------------- Contact: STOCK ENTERPRISES James Stock, President 702/614-0003 --------------------------------------------------------------------------------