NEWS: USXP Selects Las Vegas for its Jackson Memorabilia Auction
Feb 14, 2007 1:22:00 PM
Copyright Business Wire 2007
NEW YORK--(BUSINESS WIRE)--
Universal Express Inc. (OTCBB: USXP), today announced the selected city for its Jackson Family Memorabilia Auction has been made and will be held in Las Vegas, Nevada. For more than a dozen years, stories have appeared in the press about an extraordinary collection of material representing the personal belongings of Michael, Janet, Jermaine, Tito, La Toya, and other members of the high profile Jackson family. Following a 2006 court ruling upholding ownership rights, the Collection was sold to Universal Express, that is revolutionizing the way luggage is transported in the U.S. and around the world through its Luggage Express subsidiary, which will deliver for the auction.
Universal Express is letting it be known that it is considering selling the Collection through what would be, by any standard, a huge and terrific auction. The Auction house, dates and locations will be released through the selected auction house by April 15, 2007.
The Jackson Collection contains thousands of items from the King of Pop and his talented siblings from as far back as their first appearances as the Jackson Five on through the early 1990's. Fabulous stage worn costumes and personal clothing, props and instruments, awards, gold records and paper ephemera (from performance contracts and unpublished photographs to hand written music), on to items given to Michael and his brothers and sisters by other legendary entertainers and sports superstars make up only a portion of this unprecedented Collection.
Richard Altomare, Chairman and CEO of Universal Express, has indicated that meetings have been held with a number of the world's leading auction houses, and auction venues in New York, London and Las Vegas and an auction house has been selected for an event likely to occur later this year in Las Vegas. Given Michael, Janet and the rest of the family's enormous popularity around the globe, it is easy to understand why this Collection will be a major event in the auction world.
About Universal Express
Universal Express, Inc. is a 23 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.
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Investor Relations:
Universal Express
Inc.
Mark Falk
561-367-6177
publicrelations@usxp.com
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