For archival purposes
Press Release Source: Universal Express, Inc.
Universal Express Jackson Family Memorabilia Auction Updates
Thursday May 10, 9:51 am ET
NEW YORK, NY--(MARKET WIRE)--May 10, 2007 -- Universal Express Inc. (OTC BB:USXP.OB - News) has previously announced that the Jackson Family Memorabilia Auction is scheduled for May 30th and 31st at the Hard Rock Casino in Las Vegas. Previewing is scheduled for 4 days before.
Universal Express and the auction house Guernsey's have in the past few days received a hearing notice for early next week from Michael Jackson's attorneys contesting ownership of some of the legally purchased collection.
Universal Express and its attorney's will respond to the frivolous accusations of Mr. Jackson's attorneys.
"When the legal facts of this issue are presented we anticipate that the auction will continue as planned," said Mr. Richard Altomare, CEO and Chairman of Universal Express.
"We own the property definitively, and this unwarranted interference may result in substantial damages.
"Any damage, delay, lost momentum or anticipated lost revenues will result in several legal actions for this auction's full potential.
"The five charities: St. Jude Children's Research Hospital, Make A Wish Foundation, Boys and Girls Clubs of America, Ronald McDonald House and Save the Children, will participate in the results of the auction. I sincerely hope that these children counting on the auction will not be disappointed," concluded Mr. Altomare.
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 http://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: http://biz.yahoo.com/iw/070510/0251145.html
Press Release Source: Universal Express, Inc.
Universal Express Jackson Family Memorabilia Auction Updates
Thursday May 10, 9:51 am ET
NEW YORK, NY--(MARKET WIRE)--May 10, 2007 -- Universal Express Inc. (OTC BB:USXP.OB - News) has previously announced that the Jackson Family Memorabilia Auction is scheduled for May 30th and 31st at the Hard Rock Casino in Las Vegas. Previewing is scheduled for 4 days before.
Universal Express and the auction house Guernsey's have in the past few days received a hearing notice for early next week from Michael Jackson's attorneys contesting ownership of some of the legally purchased collection.
Universal Express and its attorney's will respond to the frivolous accusations of Mr. Jackson's attorneys.
"When the legal facts of this issue are presented we anticipate that the auction will continue as planned," said Mr. Richard Altomare, CEO and Chairman of Universal Express.
"We own the property definitively, and this unwarranted interference may result in substantial damages.
"Any damage, delay, lost momentum or anticipated lost revenues will result in several legal actions for this auction's full potential.
"The five charities: St. Jude Children's Research Hospital, Make A Wish Foundation, Boys and Girls Clubs of America, Ronald McDonald House and Save the Children, will participate in the results of the auction. I sincerely hope that these children counting on the auction will not be disappointed," concluded Mr. Altomare.
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 http://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: http://biz.yahoo.com/iw/070510/0251145.html