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[QUOTE]Originally posted by L Cypher: [QB] Press Release Source: Universal Express Universal Express Subsidiary Announces Agreement with Ritz-Carlton to Offer Luggage Delivery Service Monday August 30, 12:43 pm ET NEW YORK--(BUSINESS WIRE)--Aug. 30, 2004--Universal Express (OTCBB: USXP - News) announced today that its subsidiary, Luggage Express, has entered into an agreement with The Ritz-Carlton Philadelphia Hotel. This is the first Ritz-Carlton property to announce that it will provide door-to-door luggage transportation to its guests. Luggage Express is a diversified leader in the logistics industry, providing luggage transportation services to travelers. Customers enjoy the convenience of luggage-free travel, no carrying of heavy bags, and no waiting for airport check-in or baggage carousels. "It is with great pleasure that we welcome The Ritz-Carlton as an integral partner of Universal Express, to join our growing list of partners which includes leading hotels, credit card companies, cruise lines, travel agencies, tour operators, and others leaders in the travel industry. Luggage Express has successfully moved countless passengers' luggage safely and reliably to their end destinations," stated Richard A. Altomare, President and CEO of Universal Express. "Ritz-Carlton Hotel guests will appreciate the value of this unique alternative for transporting their luggage in today's heightened security and safety-conscious travel environment," said Cecilia Vesnesky, Director of Luggage Express. "The Guest Services team at The Ritz-Carlton, Philadelphia is proud to be able to offer a further enhanced Concierge service for our guests. Using Luggage Express will further enable us to fulfill even the unexpressed wishes and needs of our guests," said James Lally, Director of Guest Services. About Universal Express Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp. (USXP Cash Express & Leasing Division), and Universal Express Logistics (Luggage Express and the Virtual Bellhop). These subsidiaries and divisions provide its private postal trade association, (UniversalPost) customers, and couriers with value-added services and products, logistical services, equipment leasing, and cost-effective delivery of goods and luggage worldwide. For more information visit [URL=http://www.usxp.com.]www.usxp.com.[/URL] About Ritz-Carlton Hotel Company Headquartered in Chevy Chase, Md., The Ritz-Carlton Hotel Company, L.L.C. currently operates 58 award-winning hotels and resorts around the world. The only hospitality company to be honored twice with the coveted Malcolm Baldrige National Quality Award, The Ritz-Carlton was also ranked the No. 1 luxury hotel company by J.D. Power and Associates in the 2003 North American Guest Satisfaction Index Study. The Ritz-Carlton, Philadelphia can be reached at (215) 523-8000. 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. Contact: Media: TransMedia Group Glen Calder, 561-750-9800 Source: Universal Express Good opportunity to get in, Coming off 52wk low. [/QB][/QUOTE]
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