Release Date: 02 February 2007
Release ID: 676
Universal Express Inc. (OTCBB: USXP), subsidiary MadPackers announced today the acquisition of Smart Movers, a leader in the college shipping industry. Based in the Boston area, Smart Movers has been in operation for over 11 years and services over 23 schools across the northeast. Smart Movers, through its 11-year tenure, has averaged over 3,500 students per year for its shipping and storage services.
“We are ecstatic to join forces with Smart Movers’ management and combine our Spring and Fall semester marketing plans,” stated Brian Altomare, President of MadPackers. “Smart Movers and its management along with Universal Express logistics and customer service will ensure MadPackers grows exponentially this year.”
The acquisition creates one of the largest college shipping companies in the country. The merger brings MadPackers great presence in Boston, one of the largest areas in the country for college and university campuses.
“After meeting several times with Universal Express and MadPackers executives, I know I’ve joined the right team at the right time,” said Larry Byron, President of Smart Movers. “Their infrastructure allows us to service any customer anywhere in the United States.”
“In my 11 years of experience, never before has there been a college shipping company that could service every university and college and still be profitable. MadPackers allows for enormous growth over the next 2 years. Its free box kits, exceptionable customer service, experienced operations and logistics team, and youthful and smart image is going to make MadPackers a household name, and I’m glad to be onboard for the ride,” Continued Mr. Byron.
The acquisition of Smart Movers will give MadPackers additional offices in Massachusetts, expanding its already existing operations in Florida and New York City. The MadPackers “Door to Dorm” Concert series will also make its finale’ in Massachusetts this coming spring.
“We now have a presence in one of the largest concentrated areas for colleges and students anywhere in the United States,” said Chris Moreschi, Director of Marketing for MadPackers. “I’m confident we will be able to brand our message of MadPackers’ shipping service to everyone who is college bound this year,” concluded Mr. Moreschi.
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