Universal Express -USXP- Subsidiary, USXP Capital Develops Nationwide Van/Truck Leasing Program for Private Postal Stores and Small Businesses

    NEW YORK--March 6, 2002--Universal Express, Inc. (OTCBB:USXP) announced today, it's subsidiary USXP Capital has completed the development of a Nationwide Van/Truck Leasing Program to be available to Private Postal Stores and Small Businesses.
    The program will provide private postal store and small business operators access to the same fleet pricing, finance programs, and related services as major national logistics firms are offered (such as Federal Express and Enterprise Rent-A-Car). All trucks and vans leased will be branded with the Universal Express Logo and lessees will have the option to place their own signage on these vehicles as well.
    "Now the members of PPN/PBC Network can purchase a vehicle for their business from the comfort of their own home or office by simply calling USXP Capital fleet department. Store owners and small business owners are assured of the best pricing and terms as well as unbiased advice on vehicle selection and usage," said David Russell, President of USXP Capital. He went on to state, "Even if the operator needs only one (1) van or truck, they will be treated as though they are buying 1000."
    The leasing program consists of a 5.5% APR commercial lease up to 60 months with no restrictions, access to fleet pricing, nationwide courtesy delivery, vans and trucks available from all three (3) domestic manufacturers (GM, Ford, Chrysler), 45 minute application processing, fleet maintenance program, no down payment and branding vehicles with business signage is available.
    Universal Express, Inc. (USXP) owns and operates several subsidiaries including Universal Express Capital, Universal Express Logistics (including VirtualBellhop) and Private Postal Network (PPN). These subsidiaries provide the private postal industry and consumers with value-added services and products, logistical services, equipment leasing, and cost-effective delivery of goods worldwide. More information and website locations are available at: www.usxp.com

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