Posted: September 26, 2007

Universal Capital Management, Inc. Announces Addition to Third-Order Nanotechnologies' Advisory Board

(Nanowerk News) Universal Capital Management, Inc. (OTC Bulletin Board: UCMT.OB - News), a publicly traded venture capital company that provides emerging growth companies with management and strategic resources for successful growth, is pleased to announce the addition of Dan DiLeo to the Board of Advisors of Third-Order Nanotechnologies, Inc. (Pink Sheets: TDON.PK - News), one of its largest and most exciting portfolio companies.
The addition of Dan DiLeo, the past President and COO of Optoelectronics at Lucent Technologies, marks another giant step forward for Third-Order Nanotechnologies. Due to the magnitude of Third-Order's scientific discovery, the vast markets potentially affected by this discovery, getting an experienced proven professional advisory board in place is critical at their stage of development.
Hal Bennett (CEO) and Dave Eaton (CTO) are building a strong team in order to enhance the commercialization process of Third-Order. "Third-Order is one of Universal Capital's largest holdings and a positive outcome of this huge potential holding could catapult the value in Universal", said Michael Queen, President and CEO. Queen added, "With additional testing right around the corner we should know shortly if our first holding is a success."
Universal Capital Management, Inc. is a publicly traded business development company under the Investment Act of 1940. Its purpose is to provide an opportunity for its shareholders to diversify risk by investing in a fund that invests in many high risk, high return companies. Please visit the company's website for additional information at
Forward-Looking Statements
The information contained in this press release may contain "forward- looking statements." You can identify these statements by use of the words "may", "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "believe," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to the following which could affect Universal Capital Management, Inc. or one or more portfolio companies: general economic and business conditions, effects of continued geopolitical unrest, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patters, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company assumes no obligation to update publicly or revise any forward-looking statements.
Source: Universal Capital Management, Inc.
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