Universal Capital Management, Inc. and Vystar Corporation Mentioned in Rubber and...

Universal Capital Management, Inc. and Vystar Corporation Mentioned in Rubber
and Plastics News Article

WILMINGTON, Del., April 17 /PRNewswire-FirstCall/ -- Universal Capital
Management, Inc., (OTC Bulletin Board: UCMT), a publicly traded venture
capital company that provides emerging growth companies with management and
strategic resources for successful growth, is pleased to announce that
Universal Capital Management, Inc.'s addition of Vystar Corporation to its
portfolio of companies was reported in an article published in the March issue
of Rubber and Plastics News. The article can be read in its entirety at
http://rubberandplastics.texterity.com/rubberandplastics/20080310/?pg=7&pm=1&u
1=friend (Due to the length of this URL, please copy and paste it into your
Internet browser.)
Pursuant to its business plan as a Business Development Company, Universal
intends to dividend shares of Vystar to Universal shareholders upon the
effectiveness of Vystar Corporation's S-1 registration statement that Vystar
expects to file with the Securities and Exchange Commission later this year.
About Vystar Corporation: Vystar Corporation, incorporated in 2003, is a
privately funded corporation located in the Atlanta area. The company's
operations have been focused substantially on early-stage research,
development, testing and commercialization of the Vytex process. Vystar, named
a 2007 Top 10 Innovative Technology Company in Georgia by the Technology
Association of Georgia (TAG), holds two U.S. patents for the Vytex(TM)
technology, with additional filings pending. For more information, please
visit www.vytex.com .
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 http://www.unicapman.com .
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., or Vystar Corporation "expects," "should,"
"believes," "anticipates" or words of similar import. Similarly, statements
that describe UCM's or Vystar'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 or
Vystar as appropriate, and the valuation of UCM's investment portfolio, which
could cause actual results to differ materially from those currently
anticipated. Although UCM and Vystar believe 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, and some of these factors are discussed
herein. These factors are not exhaustive. 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 both UCM and Vystar do not undertake any obligation to
publicly update such forward-looking statements to reflect subsequent events
or circumstances.
SOURCE Universal Capital Management, Inc.

Mr. Michael Queen of Universal Capital Management, +1-302-998-8824,
michael.queen@unicapman.com