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Business Surges for Universal Express' Luggage-Delivery Brands among Individual Air Travelers as Companies Rally to Form Marketing Partnerships with Logistics Pioneer
2006-08-21 08:00 ET - News Release
NEW YORK -- (Business Wire) -- Aug. 21, 2006
Company Website: www.usxp.com
Universal Express Inc. (OTCBB: USXP). "As a result of
the terrorist events in the U.K., Universal Express, Inc., a pioneer
in luggage-delivery services, is seeing a 19 percent surge in
individual bookings for its Luggage Express and Virtual Bellhop brands
within a week, domestically and in Europe, and the company is
anticipating wider growth as a large number of global companies in the
travel industry are eagerly turning to the diversified logistics
company to forge marketing partnerships so they can offer consumers a
secure, timesaving and stress-free convenience," announced Richard A.
Altomare, CEO, Universal Express, Inc. (OTCBB:USXP) and Founder and
Chairman of The Coalition for Luggage Security.
"With the airport terror plot, new regulations and the airlines'
creaky baggage systems putting fliers in a tailspin, upscale companies
in the travel industry that we've been courting for alignments are now
calling us, eager to come to the table to forge innovative marketing
partnerships with our brands as a way to provide a security service
that is more than a luxury - it's a necessity," said Mr. Altomare.
"Since the August 10 terror plot in London was foiled we've signed six
partnership contracts with leading companies in the travel industry."
Universal Express, based in Boca Raton, Fla. and New York, partners
with more than 50 organizations including hotels, credit card
companies, cruise lines, travel agencies, tour operators and other
leaders in the travel industry.
Universal Express introduced its Virtual Bellhop
(www.virtualbellhop.com) and Luggage Express
(www.usxpluggageexpress.com) brands in 1997 and both services operate
from the same facility in Boca Raton. Baggage travels through
sophisticated baggage movement systems and software. The company
carved out this specialty niche from its array of logistics and air
courier services. Within two years competition started heating up and
today there are about eight players in the market, some of which
concentrate on niches like sports equipment.
"In this age of terrorism and the urgent need for security,
Luggage Express, Virtual Bellhop and our competitors are experiencing
brisk business because a consumer need is being met," said Mr.
Altomare. "Increasingly, travelers are finding a new way to avoid
getting frazzled by ever-changing restrictions, rules and long lines.
Traveling without luggage takes experiential knowledge because it's a
different way of acting or behaving."
The Luggage Express and Virtual Bellhop services started out
domestically and have since expanded worldwide to most countries,
except Cuba, delivering baggage from a home or business to its
destination and then back again using air or ground transportation. Of
Luggage Express, Mr. Altomare explained the brand is registered in 10
different languages, with more to come.
"Today we look at travelers in a general sense, not just as
business travelers or vacationers," said Mr. Altomare. "People are
merging their business with leisure activities. We've moved
approximately five million cases over the past nine years with most of
our customers renewing. Once people have luggage shipped ahead, they
can't see how they ever lived without it especially in today's terror
climate."
Mr. Altomare explained the biggest misunderstanding for most
American travelers is assuming their luggage travels for free. "The
airlines are losing $11 billion a year and their luggage costs total
$9 billion of that figure," he said.
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 www.usxp.com
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.
Contacts:
For Investor Relations:
Universal Express, Inc.
Mark Falk, 631-588-1644
publicrelations@usxp.com
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