Message #62 From:
TheMachine Date: January 17, 2008 08:29:33 PM
This is a good think here Universal Delivery Solutions Proudly Announces the Commencement of Its Stock Buy-Back Program
Universal Delivery Solutions Proudly Announces the Commencement of
Its Stock Buy-Back Program
BOCA RATON, Fla.--(BUSINESS WIRE)--Adam F. Coblin, Chairman of Universal Delivery Solutions, (Pink
Sheets:UDSG), proudly announces the commencement of its stock buy-back
program. According to Mr. Coblin, “UDS, from a
financial and fundamental perspective, is in the best position it has
ever been in. As a result, we believe that our current stock price does
not accurately reflect Universal Delivery Solutions' long term growth
prospects and therefore, we have begun to repurchase shares in the
market that were funded by Company’s working
capital and cash flow. Furthermore, by reducing the number of shares of
common stock in the market, we hope to ultimately create greater value
for our shareholders.”
About UDS Group, Inc.
Universal Delivery Solutions, Inc. (Pink Sheets:UDSG),
www.UniversalDelivery.com,
is the first Company to provide a 100%, turnkey delivery platform to the
service industry throughout North America (restaurant, retail, other).
The system is designed on both a customer relation management (CRM)
system and a service integrated technology backbone between customers,
call center and the personal industry provider of choice.
Disclaimer: This report contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical fact, including
statements regarding industry prospects and future results of operations
or financial position, made are forward-looking. We use words such as
"projects," "projections," "anticipate," "believe," "expect," "intend,"
"estimate" (and the negative of any of these terms), "future" and
similar expressions to help identify forward-looking statements. These
forward-looking statements are subject to business and economic risk and
reflect management's current expectations, and involve subjects that are
inherently uncertain and difficult to predict. Our actual results could
differ materially. We will not necessarily update information if any
forward-looking statement later turns out to be inaccurate. Risks and
uncertainties that may affect our future results include, but are not
limited to, market risks, contractual risks, restaurant industry risks,
revenue and cost risks, litigation risks, and risks of having inadequate
capital for operations.
Contacts
For UDS Group, Inc., Boca Raton Anthony Mitchell, 866-253-0222