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Universal Capital Management Reports Top Delaware Surgeon to Join Advisory Board

WILMINGTON, Del., April 9 /PRNewswire-FirstCall/ -- Universal Capital Management, Inc. (OTC Bulletin Board: UCMT), a Wilmington, Delaware business development company that provides management and strategic growth resources to emerging growth companies, is pleased to report the addition of Jonathan N. Saunders, M.D. FACS to the UCM Corporate Board of Advisors.

"As we expand our portfolio, we require a broad base of expertise on our board," said Universal Chief Executive Officer, Michael Queen. Dr. Saunders' 25 years of medical experience will be invaluable to our companies in the healthcare sector."

Dr. Saunders is the founder and senior partner of Christiana Cosmetic Surgery. He performs all aspects of plastic and reconstructive surgery but his specialty is in cosmetic surgery. He graduated from Williams College. His medical career began in Chicago as a graduate of Northwestern University Medical School. There he completed his residencies in general and plastic surgery and ultimately became the Chief Resident of Plastic Surgery at the University of Chicago Hospital and Clinics. He is certified by the American Board of Plastic Surgery.

Dr. Saunders is an accomplished surgeon with a host of speaking engagements and publications to his credit. Licensed in Pennsylvania and Delaware, he is also a member of the American College of Surgeons and elected to the DuPont Hospital for Children Medical Executive Committee.

The board appointment comes at a time when Universal is developing a strong portfolio of diverse holdings. "Healthcare remains at the forefront of re-building today's economy," states Universal President, Robert Oberosler. "We are fortunate to have Dr. Saunders on our Board and look forward to his input."

About Universal Capital Management, Inc.: Universal Capital Management, Inc. is a publicly traded Business Development Company created under the Investment Act of 1940. Its purpose is to assist its portfolio companies with funding and management to facilitate growth, and increase their value. Please refer to the company's website at

Forward-Looking Statements:

Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as Universal Capital Management, Inc. "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe UCM's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of UCM and the valuation of UCM's investment portfolio, which could cause actual results to differ materially from those currently anticipated. Although UCM believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, they cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and UCM does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

SOURCE Universal Capital Management, Inc.
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