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Re: None

Tuesday, 10/16/2007 5:58:45 AM

Tuesday, October 16, 2007 5:58:45 AM

Post# of 18151
cardvic, are you referring to the following statement done sometime early 2006?
Notice at the bottom of this PR, "Safe Harbor Statement", do you understand what this implies at all?

The Chairman quoted the Company’s General Counsel, Chris G. Gunderson, as follows:

“I believe Universal Express’ share price could rise far in excess of $2 per share if the SEC eliminates its Grandfather Clause from its Regulation SHO. This would force many hedge funds, private equity funds and other market institutions to cover their gigantic naked short positions in Universal’s shares over the last 10 years, by being forced to buy actual shares in the open market.

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

Contact:
Chris Gunderson
Universal Express, Inc.
917-639-4157
publicrelations@usxp.com


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