| Press Release | Source: Universal Express Inc. |
Universal Express Partners With Trycera Financial
Wednesday March 23, 12:20 pm ET NEW YORK--(BUSINESS WIRE)--March 23, 2005--Universal Express Inc. (OTCBB:USXP - News), announced today that its division, Universal Cash Express (UCE) has partnered with stored value program provider Trycera Financial, Inc. for development and delivery of an Association-branded UCE stored value debit card program. "Trycera and Universal Cash Express are able to deliver an easy to use financial tool. Trycera's stored value cards will help increase consumer participation in today's growing cashless transaction environment. With the integrated Click N Pay (TM) feature, virtually all of the products allow customers to pay any bill via the telephone, or online. Further, the cards can be loaded in a variety of methods from participating UniversalPost member stores, direct payroll deposits, bank transfers and PayPal®," said Brett Hudson, President of Universal Cash Express. "This debit partnership is somewhat unique and froth with opportunities. This cutting edge debit card is designed to refund to the user at the moment of usage. Once this 'plastic coupon' is used for prescription drugs there's an instant rebate. Distribution will be on the internet, direct mail solicitation and at our postal outlets and other retail partners. Cash Express has not only entered the debit and gift business - it is redefining it," said Richard A. Altomare, Chairman & CEO of Universal Express, Inc. "We are pleased that UCE has selected Trycera Financial to be their debit card program provider. Our customized program is built to deliver the value UCE is seeking and the service and functionality that UCE customers expect. We look forward to working with UCE in expanding the availability of financial tools and products so their cardholders can enjoy the benefits of e-commerce," said Matt Kerper, Trycera's CEO. About Universal Express Universal Express, Inc. is a 22-year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For more information please visit www.usxp.com About Trycera Financial, Inc. Trycera Financial is a publicly reporting financial services company specializing in customized and turnkey prepaid programs partnerships that serve the needs of self-banked consumers. Trycera Financial operates the Tru Platinum Card and Classic Advantage Card catalog shopping card programs and is preparing to launch additional association-branded stored value debit card products in the coming months. For more information, visit the company's Web site at www.trycera.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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