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Universal Express Announces Agreement with Transaction Management, LLC
Innovative New Bill Payment Services Platform to be offered through Universal Post Division
FORT WORTH – June 7, 2004 – Universal Express, Inc. (OTCBB:USXP) and Transaction Management, LLC (TMLLC), - The electronic age has been bridged by a new electronic bill payment service now offered through Universal Post, a division of Universal Express, and is being offered throughout their association member stores, nationwide. The service developed and marketed for Vista Bank, Ralls, Texas is EmpaSys’ “Pay All Bills Here” and provides “one-stop” convenience for anyone needing to pay any bill.
An estimated 25 million U.S. wage earners who operate without checking accounts represent a market in need of a solution. Now, a bill payer can take that bill or statement to a participating store, become an established “Pay All Bills Here” customer and pay any bill. The entire process is completed at one convenient location. The “Pay All Bills Here” system is a nationwide; Internet based solution and allows electronic payments to more than 2500 billers nationwide, with new billers being added weekly. However, unlike similar services, billers can be paid even if they are not supported as an electronic biller. “Pay All Bills Here” facilitates the transfer of funds from a cash paying customer to a biller or creditor conveniently and securely.
“We are pleased to be able to now offer those customers without bank accounts a convenient bill payment alternative while further increasing our products and services to our association of private postal stores,” said Richard A. Altomare, President & CEO of Universal Express, Inc.
“Working with Universal Express is an exiting proposition for us. It will extend Transaction Management’s mission of providing those without checking accounts access to secure and dependable financial solutions.” said Ron Phillips, Transaction Management co-founder and President.
About Transaction Management, LLC
Founded in February 2003, the entire team at TMLLC operates with nearly sixty years of combined experience in the technology and electronic payments industries. EmpaSys “Pay All Bills Here”, developed by and marketed for Vista Bank, Ralls, Texas has become the industry's choice for collecting electronic bill payments. At present, TMLLC markets services through its channel partners and referral agents for electronic commercial banking and bill payment solutions. These services, along with the many other electronic payment processes that the company provides, enhance merchant's ability to increase their walk-in traffic, increase their revenues, and accept payments anytime, anywhere and in any fashion. On the Net: Transaction Management’ s site: http://www.transactionmgmt.com
About Universal Express
Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp. (USXP Cash Express & Leasing Division), and Universal Express Logistics (Luggage Express and the Virtual Bellhop). These subsidiaries and divisions provide the private postal industry, (WorldPost) customers, and couriers with value-added services and products, logistical services, equipment leasing, and cost-effective delivery of goods and luggage worldwide. For more information visit http://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.
Copyright Notice: Copyright © 2003-2008 Transaction Management LLC. All rights reserved. All company names and product names may be trademarks or registered trademarks of their respective companies or owners.
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