23.07.2018 08:33:00

Universal Power Industry Corporation's Play Market Unit Receives Additional Purchase Order

HONG KONG, July 23, 2018 /PRNewswire/ --

Universal Power Industry Corporation (OTC: UPIN) today announced an additional purchase order issued to its Play Market apparel subsidiary.

Play Market has received a purchase order for 57,600 pieces of men's legacy jeans in assorted colors (black, light wash, medium wash, dark wash, styles and sizes) manufactured and imported from China. The delivered price to the purchaser/vendor Urban Series, Inc. is $8.00 per piece rate, for a total of $460,800.00 plus shipping, duty and other associated costs.

This will be the second purchase order within a month totaling $928,000.00 as a direct result of managements previously announced trip to China to arrange manufacturing agreements.

The company anticipates additional orders, as the deadline for manufacturing and shipping time wise for holiday delivery is quickly approaching.

Updates will be provided of the progress throughout the company's social media pages Twitter and Facebook , OTCMarkets news and mainstream media services.

Further information regarding the company's business and objectives going forward can be obtained at http://www.upinholdings.com or by email at admin@upinholdings.com.

About Universal Power Industry Corporation:

Universal Power Industry Corporation (UPIN) is a diversified holding company that own(s), invests and or manages select businesses and real estate, and on special opportunities will provide financing solutions to companies at various developmental stages. Our business objectives cover a wide range of sectors from consumer/industrial products and technology research and development/startups. We combine capital, innovation and the right management to deliver top of the line products and services to our customers globally.

Statements contained in this release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact Information:
Universal Power Industry Corporation
Media Relations
+1-800-837-5641


SOURCE Universal Power Industry Corporation

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