Universal Express Named Shipping Consolidator for Multiple Carriers

Business Wire, March 3, 2005

NEW YORK -- Universal Express Inc. (OTCBB: USXP), announced today that "After a decade of building our 9,000 private postal store and now 4,000 member courier trade associations along with the daily increasing volumes of Luggage Express and Virtual Bellhop luggage businesses; Universal Express has today received consolidator discounted shipping rates from major branded carriers, a network of airlines, and other consolidators that will result in savings of 15 to 40% below services and prices previously offered," said Mr. Richard A. Altomare, Chairman and CEO of Universal Express.

"This can be better understood when one considers the hundreds of millions of billed shipping services presently utilized by our member couriers and member postal store locations and our own luggage businesses," said Linda Jacobucci, Co-Director of UniversalPost.

"By being directly billed through Universal Express' consolidator accounts, we'll be able to pass along volume savings, improve security and controls, charge billing and servicing fees and directly receive payments through our own internal debit card system," said Mauricio Panesso, Universal Express Courier Association Director.

"Instead of separately billing and collecting from thousands of individual locations these carriers will now only have one account to bill. Obviously, Universal Express will increase its own gross revenues from this opportunity and be able to offer better services and expand capabilities as well as levels of services," said Cecilia Vesnesky, Universal Express Logistics Director.

"This is a milestone for our Company. The acceptance, the confidence, the long term potential volumes and the power brokering capabilities are just a few of the benefits of a percentage of the billions of shipping revenues that can now be serviced by Universal Express due to the confidence and electronic hook-ups of two major shippers, a network of major airlines and two established consolidators. This discount will further impact Luggage Express rates, postal store benefits and synergistic and strategic opportunities in the overall logistics community. Rates and partners will be operational and available on our www.usxp.com website for consumers by May 2005 and available for couriers and postal stores on their private websites by March 30, 2005," concluded Mr. Altomare.

About Universal Express

Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp., (including its USXP Cash Express division) Universal Express Logistics, Inc. (including Virtual Bellhop, LLC and Luggage Express, Universal Express Courier Association), UniversalPost Network and Universal Jet Aviation. These subsidiaries and divisions provide the private postal industry and consumers with value-added services and products, logistical services, equipment leasing, and cost-effective delivery of goods and people worldwide. For more 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.