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USXP (.0047) Notes Outspoken Critics of ``Naked Shorting"; Fear Personal Threats

Business Wire "US Press Releases "

NEW YORK--(BUSINESS WIRE)--Sept. 20, 2006--

Universal Express Inc. (OTCBB: USXP) President and CEO, again discusses the national scandal of "naked shorting" in his interview on MoneyTV (http://www.emergingcompany.com/volume10week32.htm). Mr. Altomare has been a prominent and outspoken critic for over ten years, in press releases and interviews, on the adverse effect of "naked shorting" on public companies, their stockholders, investors and employees. Universal Express is the only recipient of $700,000,000 judgments against "naked shorters."

Mr. Altomare agrees with other CEOs and prominent critics of
"naked shorting," including the recent interview with Dr. Patrick
Byrne at
http://www.vmsdigital.com/MyFiles.aspx?Onum=98804A53-200D-4669-B83B-
89ED5D089168, and the personal safety warning and support related to
Dr. Byrne by Senator Orrin Hatch, Ranking Republican on the Select
Committee Intelligence of the United States Senate. Mr. Altomare, has
written to the Company's United States Senators in Florida and New
York (Senators Martinez and Nelson of Florida and Senators Clinton and
Schumer of New York) seeking support on the important message of
possible personal safety concerns of prominent critics of "naked
shorting". Copies of this letter may be found at
http://www.usxp.com/ns_safety.pdf.

(Due to its length, the first URL of this paragraph may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

"As Universal Express has planned for sizable acquisition announcements, our CEO's safety is paramount due to the enormous financial issues that may become evident," stated Chris Gunderson, the General Counsel of Universal Express.

Mr. Gunderson concluded that, "the SEC has condoned and fostered the issuance of billions, if not trillions, of counterfeit and unregistered securities sold by the "naked shorters" into the market place for many years, in violation of the Counterfeit Statutes and Securities Laws of the United States."

About Universal Express

Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.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, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission

Source: Universal Express Inc.