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Universal Express' -USXP- Subsidiary Appoints Director Of USXP Cash Express.

Business Wire

| November 14, 2002 | COPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 14, 2002

Universal Express, Inc. (OTC BB:USXP), subsidiary Universal Express Capital Corp. today announced the appointment of Mr. Brett Hudson as Director of the USXP Cash Express(TM) division.

"The addition of Mr. Hudson to the Universal Express Capital management team provides clear focus and valued expertise for the implementation of the USXP Cash Express(TM) card. This division envelops one of the hottest new financial trends, 'stored value cards', which have a myriad of applications in place of currency or conventional credit cards" stated David Russell, President of Universal Express Capital. He…

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