SOURCE: Union Equity, Inc.

Union Equity, Inc.

July 26, 2011 09:51 ET

Union Equity, Inc. Purchases Additional Class 8 Semi Trucks

Company Anticipates an Additional $12,000 a Month in Lease Revenues and $30,000 in Non-Refundable Deposits

ORLANDO, FL--(Marketwire - Jul 26, 2011) - Union Equity Inc. (PINKSHEETS: UNQT) is pleased to announce that it has purchased 10 additional class 8 semi trucks in exchange for 150,000 shares of Union Equity, Inc. restricted stock. The Company anticipates that the addition of these 10 trucks will generate an additional $12,000 a month in lease revenues and an additional $30,000 in upfront non-refundable deposits.

The Company is positioned to expand its presence within the $671 billion U.S. truck transportation industry. Union Equity is currently in negotiations with several wholesalers of both new and used class 8 trucks. The Company is also in negotiations with several funding sources to increase cash flow into the Company.

Union Equity's focus for 2011 is to strengthen the Company's market share in the industry. Union Equity is implementing several strategies to accomplish this goal. The Company continues to work towards the expansion of its current inventory as it continues to negotiate with several wholesalers throughout the United States and Canada. In addition, Union Equity has plans to continue building market awareness for the Company and its business model, attracting key employees and building its sales network.

"With our unique business model and aggressive growth strategy we know we will continue to have success within the truck transportation industry," stated Randy Lance, a Director of Union Equity, Inc. "We are excited to increase our shareholder value as we continue to increase our revenues."

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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.

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