Corporate Universe, Inc.

January 04, 2011 15:45 ET

Corporate Universe, Inc. (COUV) Corporate Update

SOUTH SETAUKET, NEW YORK--(Marketwire - Jan. 4, 2011) - Corporate Universe, Inc. (PINK SHEETS:COUV) announces that the negotiations with Tactician University had reached a dead end, and the merger with Tactician University will not proceed. Tactician rejected offers posed by the COUV management regarding and therefore the merger/purchase of Tactician University will not proceed. Following these negotiations, COUV will continue focusing on its main business - offering Transfer Agent services on the North American markets and seeking new ways of expansion on this market.

In other corporate updates following the recent forward split, the company is attempting to recover approximately 100 million shares to return to treasury from a complex debt swap transaction.

COUV management will keep all doors of opportunity open, and if a more suitable merger candidate/deal shall surface, the company will keep the public informed.

About Corporate Universe, Inc.:

Corporate Universe, Inc., is a holding company formed in order to provide a greater range of services to the financial community. Corporate Universe, though its subsidiaries provides the following services, a full service Transfer Agency, Manhattan Transfer Registrar Company, EDGAR filing services, with its Q Filers, division, Proxy and other shareholder printing services and the distribution of Press Releases. It also has a management consulting division, Advanta Management Consulting LLC.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Corporate Universe, Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Corporate Universe, Inc. cautions you that any forward-looking information provided by or on behalf of Corporate Universe, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Corporate Universe, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Corporate Universe, Inc.'s control. In addition to those discussed in Corporate Universe, Inc.'s press releases, public filings, and statements by Corporate Universe, Inc.'s management, including, but not limited to, Corporate Universe, Inc.'s estimate of the sufficiency of its existing capital resources, Corporate Universe, Inc.'s ability to raise additional capital to fund future operations, Corporate Universe, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Corporate Universe, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Corporate Universe, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

SOURCE: Corporate Universe, Inc.

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