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The Coalition for Luggage Security Receives International Attention Friday August 19, 11:49 am ET
NEW YORK--(BUSINESS WIRE)--Aug. 19, 2005--The Coalition for Luggage Security today announced it has received international recognition from an English based publication, Cargo Security International, which provides a unique source of information for transportation and security professionals worldwide. ADVERTISEMENT
"An article posted on their web site, and soon to be in their latest print publication will help bring about more recognition for the Coalition for Luggage Security, and we believe it will help increase our membership numbers, our exposure, and our solutions to an ever growing problem on an international level," said Harvey Abelson, Director of the Coalition for Luggage Security. Article link: http://www.cargosecurityinternational.com/free.asp?id=5392
Ian Taylor, the Editor of Cargo Security International, has applauded the Coalition for Luggage Security for moving forward the debate on luggage and cargo screening. "For international terrorist groups, the aviation industry will always be a prime target. Since 9/11, everyone is watching the skies, so any attack on an airplane is guaranteed global media coverage. We can never make air travel completely safe, but we should do all we can to make planes, their passengers and cargo less vulnerable. Any initiative which makes the terrorists' job harder should be welcomed and considered." said Mr. Taylor.
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Anyone buying USXP? Huge trading volume today already reaching close to 598.1 m, Up 0.0002 (50.00%)
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Universal Express to Purchase 100 MM Euro Contract Thursday December 8, 8:30 am ET
NEW YORK--(BUSINESS WIRE)--Dec. 8, 2005--Universal Express Inc. (OTCBB: USXP - News), 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.
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