Universal Express and Express ATM Northeast To Provide Cardtronics ATMs Tuesday January 25, 11:42 am ET
NEW YORK--(BUSINESS WIRE)--Jan. 25, 2005--Universal Express, Inc. (OTCBB:USXP - News), announced today a strategic alliance with Express ATM Northeast, the leading distributor for Cardtronics ATMs in the U.S. The program, which offers ATM's for lease will be introduced to Universal Express' subsidiary, UniversalPost.
"We can now offer to our member stores, not only a business within their business, but also an excellent way to increase foot traffic and repeat business. Cardtronics is entirely focused on the ATM business and committed to outstanding customer service and creating successful ATM programs," stated Linda Jacobucci, President of UniversalPost.
According to Jack Pacheco of Express ATM Northeast who is Cardtronics leading distributor, "We are excited about this opportunity to offer ATM solutions through UniversalPost to its member stores. This alliance will provide added value from our economies of scale and national vendor relationships."
"Our store members should grasp this new opportunity of increasing their business traffic and revenues," said Mr. Richard A. Altomare, Chairman & CEO of Universal Express.
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), 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 worldwide
About Express ATM Northeast
Headquartered in Sudbury, Massachusetts, Express ATM Northeast is the leading ATM distributor for Cardtronics of Houston, Texas. Jack Pacheco, President of Express ATM has been in the ATM business since 1998 and has negotiated several major ATM programs, most notably Irving Oil Company and Tedeschi Stores, a convenience store chain with over 200 locations in New England. Visit at http:/www.atm-etrade.com
About Cardtronics
Headquartered in Houston, Texas, Cardtronics is the nation's largest independent owner/operator of ATMs with a network of over 25,000 locations operating in every major U.S. market and in all 50 states. Retail and petroleum merchant-clients include nationally known companies such as A&P, Albertson's, Amerada Hess, Barnes & Noble College Bookstores, Chevron, ConocoPhillips, Costco, CVS/pharmacy, Duane Reade, ExxonMobil, Rite Aid, SSP/Circle K, Sunoco, Target, Walgreens and Winn-Dixie Stores. For more information about Cardtronics, visit http://www.cardtronics.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.
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