Could Air Travel Be Safer This Thanksgiving If Your Luggage Were Separated From Your Flight?Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 27, 2003 A New Transportation Security Proposal Being Discussed In Washington, D.C. Says "Yes" Universal Express (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :USXP), a transportation logistics company based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Boca Raton Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , has proposed a new security plan White Paper to increase the safety of airline passengers traveling the Thanksgiving holiday. The White Paper proposes that airline passengers are less likely to become targets of travel-related terrorism when baggage is separated from passengers. The security plan encourages airline passengers to ship their luggage ahead by private carrier. Members of the U.S. Congress, federal agencies and airline industry trade groups are discussing the new security proposal. Richard Altomare, USXP CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and author of the White Paper notes, "Yes, I am absolutely convinced that Thanksgiving holiday air travel can be safer if passengers were separated from their luggage. A reduction in on-board passenger luggage correlates to a direct reduction in the ability for terrorists to get threatening devices onboard. Without advance notice regarding the transportation mode of the pre-shipped luggage, the likelihood of attacks on Americans is further reduced. Passengers will have greater confidence in the overall security of the travel industry. There will also be no reason for airlines to continue to charge additional fees to a traveler that cooperates with the new baggage shipping system. This should result in lower ticket costs as well." For a copy of the White Paper contact Mr. Ron Garner/Equitilink 877-788-1940 Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp. (USXP Cash Express division), Universal Express Logistics, Inc. (The Virtual Bellhop, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Luggage Express) and the WorldPost(TM) Private Postal Network, Inc. These subsidiaries and divisions provide the private postal industry and customers with value-added services and products, logistical services, equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
More information and website locations are available at www.usxp.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 or products delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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