USXP NEWS Universal Express Retains Francorp Franchising Firm
Business Wire - February 10, 2006 10:36
NEW YORK, Feb 10, 2006 (BUSINESS WIRE) -- Universal Express Inc. (OTCBB: USXP), through its subsidiary Luggage Express announced today that it has engaged the services of the nations premier franchising organization, Francorp, Inc. (www.francorp.com) to guide and assist Universal Express in the franchising process for its L.E.A.P. (Luggage Express Associate Program) division.
"As our shareholders heard during our most recent web cast, we expect to have the franchise rights for L.E.A.P. legally in place with the Federal government and the 23 required states within 90 days," said Richard A. Altomare, CEO and Chairman of Universal Express, Inc.
"Due to our strong belief in the Luggage Express concept, we are excited to begin this journey with them. Francorp has worked with hundreds of companies wishing to franchise over the past 30 years, and we believe that Luggage Express will be one of the great successes in our history," stated L. Patrick Callaway, President of Francorp.
"Luggage Express and L.E.A.P have been pursued by numerous individuals since its announcement. We are anticipating tremendous success with this venture and anticipate sharing it with our future partners. L.E.A.P. purchasers will not only be receiving a Luggage Express sales area, but they will begin a partnership with our association (UECA) courier companies and our UniversalPost trade association postal locations to enhance and strengthen their business model," concluded Mr. Altomare.
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 and www.myluggageexpress.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.
Universal Express, Inc.
Mark Falk, 631-588-1644
publicrelations@usxp.com
Copyright Business Wire 2006
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