Universal Express Inc fka USXP

[loneieagle]

News out. Did anyone read it? Please explain it to me.

Universal Express Announces World's First Airline Without Luggage
Business Wire - January 25, 2005 09:55

NEW YORK, Jan 25, 2005 (BUSINESS WIRE) -- Universal Express Inc. (OTCBB: USXP), today officially named Universal Jet as the first American passenger airline to offer luggage pickup and end destination luggage delivery service to every passenger.

"Obviously owning the airline is a faster way to achieve an awareness of the value of air travel without luggage. www.866shipbags.com. Our short and long-term goals continue to be the same. Have passengers begin expecting the Luggage Express experience and show other airlines the financial benefits of this revolutionary travel change," said Richard A. Altomare, Chairman & CEO of Universal Express.

"The advertising costs of branding a new worldwide 'velcro' or 'bottled water' phenomenon like Luggage Express costs much more capital than a developing company like Universal Express can logically budget," continued Mr. Altomare.

"However with over 1.4 billion suitcases being carried by Americans alone; purchasing airlines within the industry that is to be directly effected is, although initially expensive, much more long-term affordable and corporately practical," continued Mr. Altomare.

"Every passenger of Universal Jet will be offered our Luggage Express service when they book their flight. They will still be permitted to carry their luggage, but the luggage pick-up will be available for their use, if they so desire," said Cecilia Vesnesky, Director of Luggage Express.

"Universal Jet is a small airline, but change is often initiated by those not encumbered by a 'status-quo' mentality as the larger airlines continue to register financial losses with fully occupied planes," concluded Richard A. Altomare.