UDS Group, Inc. (Pink Sheets:UDSG) a leader in Delivery Management Solutions and Management Services today announced they have repaid $102,269.00. This represents full repayment of principal and interest debt to Hope Capital and JABRO Funding. The company is now virtually debt free other than daily operating expenses and approximately $50,000 which we look to repay in the coming months. The repayment was in the form of cash and did not involve the issuance of any stock. Mr. Ryan Coblin, CEO of UDS, commented, �This announcement is very exciting for UDS. We feel this represents the financial strengthening of our company. The repayment of this debt is a very positive move and was completed in the best interests of our shareholders as we are becoming a more mature company. We are now focusing servicing our growing client roster and on new proprietary programs for allowing the ability of large scale national rollouts.� About Universal Delivery Group, Inc. Universal Delivery Solutions, Inc. (UDSG.pk) 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. Legal Notice Regarding Forward-Looking Statements The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
UDS (CE) (USOTC:UDSG)
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