Please replace the release with the following corrected version due to multiple revisions in the fourth paragraph. The corrected release reads: UNIVERSAL EXPRESS CEO NAMED CHAIR OF INDUSTRY NEW COMMITTEE ON NAKED SHORT SELLING Universal Express Inc. (OTCBB: USXP), based in New York and Florida, and a member of The National Small Public Company Leadership Council (Leadership Council) and the Microcap Company Political Alliance Corp. (MCPAC), CEO�Richard Altomare has been appointed Chair of the Leadership Council/MCPAC Committee on Naked Short Selling. The new committee will be formally organized in Washington this spring concerning the issue, known as �naked shorting,� and will then initiate a Policy Report research program over the summer months. A Report will be submitted to the Leadership Council/MCPAC Board of Directors in September for review and probable Congressional action. �I look forward to working with members of MCPAC to ascertain how the practice of �naked shorting� is causing smaller public companies to go out of business or impacting others� market prices despite their good business developments, and then bringing the issue to the attention of the federal government,� said Mr. Altomare. �The practice of �naked shorting� is of growing concern among the membership of the Leadership Council and MCPAC and we welcome Richard Altomare to head our efforts,� said Frank Speight, Chairman of the Leadership Council and MCPAC. Both groups work jointly to represent the interests of small public companies and microcap public companies in Washington, D.C.. �This volunteer committee will bring together vital information for a MCPAC Policy Report as our initial effort to educate and inform members of Congress, the White House and the Securities and Exchange Commission (SEC) about the practice and the effects it�s having on smaller public companies, their stockholders, investors and employees,� explained Mr. Speight. Short Selling is the practice of borrowing stock then selling it in hopes that the price will go down and it can be bought back at a lower price, thereby generating a profit and allowing one to return like shares for the borrowed ones. Naked Short Selling is the practice of not borrowing stock, but selling it anyway with no intention of ever delivering real stock to the buyer. The Leadership Council, which was formed in 2000, seeks to educate and inform the White House, U.S. Congress, federal agencies, industry trade groups and political organizations based in Washington about the economic contributions of the nation�s entrepreneurial public companies. Please visit our website: http://www.nspclc.com. MCPAC was formed in 2005 as the first advocacy group representing the interests of the nation�s microcap publicly-traded companies to securities regulators and policymakers in Washington. Please visit our website: http://www.microcappac.org. About Universal Express Universal Express, Inc. is a 23 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.