SOURCE: Union Equity, Inc.

Union Equity, Inc.

November 10, 2011 17:43 ET

Union Equity, Inc. Engages Legal Council to Defend Against Malicious, Misleading and Derogatory Statements Posted on Investors Hub

ORLANDO, FL--(Marketwire - Nov 10, 2011) - Union Equity Inc. (PINKSHEETS: UNQT) announces that it has engaged Allen Whitehead from the Law firm of Frese Hansen as legal council to pursue any and all legal remedies against the numerous malicious, misleading and derogatory statements that are being posted on Union Equity will be seeking a damage claim.

The Company recently announced that it has taken the first step in its goal to uplist to the OTC Markets, OTC.QB market tier by retaining the Independent Registered Public Accounting Firm, Salberg & Company, P.A. of South Florida, to perform its audits in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB). The Company plans to have its fully audited financials completed in the next six months.

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About Union Equity, Inc.

Union Equity is a commercial truck leasing business engaged in leasing class 8 commercial trucks to owner operators located around the contiguous 48 states since 1999. Many owner operators drive on a for hire basis for Fortune 500 companies, while others have their own authority to haul freight throughout the United States. Union Equity's strategy has been to target both groups of owner operators through an aggressive marketing program and complete "one stop shop" solution for the owner operator. Through their unique business model, Union Equity is able to provide owner operators with a leased truck regardless of their credit history. Owner operators need only to have a valid commercial driver's license, acceptable insurance, proof of a shipper's intent to hire, and a willingness to work.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Disclaimer: Not an offer to sell securities

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