Universal Express' Subsidiary MadPackers Acquires Smart Movers.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Universal Express Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : USXP), subsidiary MadPackers announced today the acquisition of Smart Movers, a leader in the college shipping industry. Based in the Boston area, Smart Movers has been in operation for over 11 years and services over 23 schools across the northeast. Smart Movers, through its 11-year tenure, has averaged over 3,500 students per year for its shipping and storage services. "We are ecstatic to join forces with Smart Movers' management and combine our Spring and Fall semester marketing plans," stated Brian Altomare, President of MadPackers. "Smart Movers and its management along with Universal Express logistics and customer service will ensure MadPackers grows exponentially this year." The acquisition creates one of the largest college shipping companies in the country. The merger brings MadPackers great presence in Boston, one of the largest areas in the country for college and university campuses. "After meeting several times with Universal Express and MadPackers executives, I know I've joined the right team at the right time," said Larry Byron, President of Smart Movers. "Their infrastructure allows us to service any customer anywhere in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ." "In my 11 years of experience, never before has there been a college shipping company that could service every university and college and still be profitable. MadPackers allows for enormous growth over the next 2 years. Its free box kits, exceptionable ex·cep·tion·a·ble adj. Open or liable to objection or debate; objectionable or debatable. ex·cep customer service, experienced operations and logistics team, and youthful and smart image is going to make MadPackers a household name, and I'm glad to be onboard Refers to a chip or other hardware component that is directly attached to the printed circuit board (motherboard). Contrast with offboard. See inboard. for the ride," Continued Mr. Byron. The acquisition of Smart Movers will give MadPackers additional offices in Massachusetts, expanding its already existing operations in Florida and 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. . The MadPackers "Door to Dorm" Concert series will also make its finale' in Massachusetts this coming spring. "We now have a presence in one of the largest concentrated areas for colleges and students anywhere in the United States," said Chris Moreschi, Director of Marketing for MadPackers. "I'm confident we will be able to brand our message of MadPackers' shipping service to everyone who is college bound this year," concluded Mr. Moreschi. 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 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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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