Universal Provides Corporate Update

VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - Oct. 6, 2008) - Universal Power Corp. (TSX VENTURE:UNX)(FRANKFURT:3U2A) (the "Company") or ("Universal") today provided a corporate update as follows: The Company has been advised by the Government of Namibia that interpretation of results from sampling and testing of the Kunene #1 well are ongoing and final results have not been submitted by the operator. Furthermore, Universal has been advised that the operator and the Namibian Government have had discussions regarding future work and plans for Block 1711. Results of testing and sampling will be released when reviewed and approved by the Namibian government due to the tight hole status of this well. The government of Namibia has classified Kunene No. 1 as a "tight hole," meaning no information regarding the well may be released... [read full story]