Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
USXP>THIS IS THE BIG ONE!!!!!! WOW
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by matto: [QB] Universal Express to Purchase 100 MM Euro Contract 12/8/05 NEW YORK, Dec 08, 2005 (BUSINESS WIRE) -- Universal Express Inc. (OTCBB: USXP), announced today it has come to an agreement with Astro Datensysteme AG (www.astro.de), and Astro's United States sister company Security IT Vision, Inc. (SECITV) located in California and Germany to the joint development of an existing Astro technology. One of these projects will be located in the United States and one will be internationally based, with numerous additional locations being considered. The international project will have a contract guaranteeing over 100,000,000 Euro. Universal Express will be licensed to use the Astro Datensysteme AG identification system for use overseas and in the United States. These two projects alone should gross over 240 million in equivalent euro dollar revenues. Additional contracts with foreign governments are expected to follow, along with various exclusive contracts and governmental guarantees. SECITV has also embarked on an exclusive fingerprint, identification and cutting edge BioSmart card technology product for Luggage Express and Universal Express's postal association members in North America. "Initially, we approached Astro Datensysteme AG to differentiate and augment the security of our Luggage Express business. By contracting with them, our goal was to enhance their identification business, generate an American presence and to assist Universal Express in its profitability and International awareness; making it a win-win for all involved," said Richard Altomare, CEO and Chairman of Universal Express, Inc. "Universal Express will initially invest 5.5 MM Euro over time to realize the rights to this overseas contract, and based on governmental guarantees will have access to 100% of the cash flow and to a majority of the profits of both projects from SECITV. Obviously, the technological, financial and administrative advantages of this alliance should add to our ability to qualify for larger acquisitions 'and in time' another potential trading venue," concluded Mr. Altomare. Balmoral Financial Services Companies, with headquarters in Ohio, has and is continuing to assist Universal Express in this transaction. 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 [URL=http://www.usxp.com]www.usxp.com[/URL] About SECITV Security IT Vision, Inc. a Nevada corporation. (www.secitv.com) is a sister company of Astro Datensysteme AG (www.astro.de) which is a major International accredited Biometrics technology provider. Astro was the first company in the market which brought biometrics security to a commercial success. Their partner list includes fortune 100 companies worldwide. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2