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Tuesday, 22 November 2005
Universal Express Repeats Offer for Air Net Systems

NEW YORK, NY, (NAMC) - Universal Express, Inc. (OTCBB: USXP), at the request of some larger Air Net shareholders and Universal Express' two investment bankers, Universal Express today publicly repeats its prior business offer to purchase Air Net Systems for substantially higher than a previously announced privatized offer.

"We understand that there is presently an offer at $4.55 from an undisclosed source, expiring on November 30th. We request our due diligence be permitted to commence whenever the committee warrants it appropriate," said Richard Altomare, CEO and Chairman of Universal Express, Inc.

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

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.


 

 

 

 

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