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USXP news just out. Universal Express --USXP-- Announces 2003 Financial Results Revenues Increase by 550 Percent
Business Wire - October 01, 2003 10:14
NEW YORK--(BUSINESS WIRE)--Oct. 1, 2003--Universal Express, Inc. (OTCBB:USXP) announced the filing of its financial results for the fiscal year ending June 30, 2003.

Revenues for fiscal 2003 increased to $2,436,000 from $431,000 in fiscal 2002, an increase of over 550 percent.

"Our Financial growth has been developing ahead of schedule. From potential acquisitions, new strategic alliances and societal acceptance of our luggage service, I believe that Universal Express' future remains positive", said Richard A. Altomare, President & CEO of Universal Express.

Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp., (including its USXP Cash Express division), Universal Express Logistics, Inc. (including The Virtual Bellhop, LLC and Luggage Express) and the WorldPost(TM) Private Postal Network, Inc. These subsidiaries and divisions provide the private postal industry and customers with value-added services and products, logistical services, equipment leasing, and cost-effective delivery of goods worldwide.

More information and web site locations are available at 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 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.


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Mr. Ron Garner, 877-788-1940