SOURCE: Universal Delivery Solutions

Universal Delivery Solutions

November 12, 2009 13:16 ET

UDS Group, Inc. Receives Response and Information Regarding the SEC's Short Term Temporary Trading Halt

BOCA RATON, FL--(Marketwire - November 12, 2009) - UDS Group, Inc. (PINKSHEETS: UDSG), the leader in Delivery Management Solutions, announced today that the company received information regarding the SEC short term trading halt on the trading of UDS Group Inc. stock.

"After numerous attempts to obtain the reasoning and clarity with regards to the SEC action to halt trading with no notification or warning, UDS Group Inc, received documents directly from the SEC providing no complaints or allegation against any UDS officer or shareholder," stated Ryan F. Coblin, CEO of UDS. These documents in one way were a vindication that UDS's present management was not the cause of the SEC action. UDS, like all of its shareholders, are victims in this case because of the action of certain individuals not associated with the management of UDS who allegedly committed violations of the antifraud and registration requirements of the federal securities laws. UDS has made these documents available on its corporate website UDS has been working diligently on resolutions to address our public posture, and when complete, we will inform all of our shareholders."

Ryan Coblin also stated, "UDS continues to focus on performing its business while aiming to deliver strong successful results. We are excited about our new delivery solution with our 888-Sub-To-Go in the Washington, DC area that opened on October 28th, 2009. UDS is looking forward to keeping everyone informed of our upcoming events in the coming weeks and over the next few months."

As previously stated, the new UDS website details how the company has "mastered the fives essentials of your delivery solution." The website itemizes these essentials as One-Number/Online Ordering, Call Center Excellence, Point-of-Sale Integration, Site Delivery Coordination, and Marketing & Training Systems.

Universal Delivery Solutions is publicly traded under the symbol UDSG.PK.

If there are any questions or concerns regarding UDS Group please feel free to contact the company anytime.

About Universal Delivery Solutions, Inc.:

Universal Delivery Solutions, Inc. (UDS),, is the leader in providing comprehensive custom-developed catering/delivery solutions to industries throughout North America, including restaurants, retail and others. UDS solutions offer a seamless system that integrates Customer Relationship Management (CRM) and Call Center IT services through a proprietary technology backbone to offer convenience, consistent quality, flexibility, accountability and value for consumers and companies.

Safe Harbor:

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.

Contact Information

  • Contact:
    UDS Group, Inc
    Mr. Ryan Coblin

    Pearl Group Advisors, Inc
    Investor Relations