January 24, 2005
NEW YORK - Universal Express Inc. (OTCBB:USXP) has announced a strategic alliance with Sudbury, Mass.-based Express ATM Northeast, the leading distributor for Cardtronics ATMs in the United States, according to a news release. The program, which offers ATMs 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," said Linda Jacobucci, president of UniversalPost. "Cardtronics is entirely focused on the ATM business and committed to outstanding customer service and creating successful ATM programs."
Jack Pacheco of Express ATM Northeast, Cardtronics' leading distributor, added: "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 Richard A. Altomare, chairman and CEO of Universal Express.