Universal Capital Management, Inc. Reports That Its Portfolio Company, SIVOO to Make Multicultural Video Programming Available on YouTube

Universal Capital Management, Inc. Reports That Its Portfolio Company, SIVOO to Make Multicultural Video Programming Available on YouTube

WILMINGTON, Del., April 19 /PRNewswire-FirstCall/ -- Universal Capital Management, Inc. (BULLETIN BOARD: UCMT.OB) , a business development company which provides emerging growth companies with management and strategic resources for successful growth, reported today that SIVOO, Inc. (Other OTC: SIVO.PK), the first Internet TV network of multicultural on-demand entertainment, and YouTube, the leader in online video and an independent subsidiary of Google Inc. (NASDAQ:GOOG), announced an agreement under which SIVOO's Spanish, Chinese and Hindi-language content can now be found on a dedicated YouTube Channel, http://youtube.com/sivootv.

Universal Capital Management congratulates SIVOO on this important new partnership. Michael Queen, Universal's President, says, "This relationship puts SIVOO in line to benefit from YouTube's 100 million daily video streams, which is the single largest audience for Internet video in the world. This is an important step in SIVOO's strategy to be synonymous with top-quality multicultural content, and shows their commitment to having their content available on as many top Internet and IPTV outlets as possible."

SIVOO will put more than 50 long- and short-form multicultural videos, including award-winning Chinese movies, telenovelas from Latin America and the Bollywood films of India on YouTube and will refresh that content regularly.

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 provide an opportunity for its shareholders to diversify risk by investing in a fund that assists its portfolio companies to grow and increase in value.

Please visit the company's web site for additional information at http://www.unicapman.com/ .

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 patterns, 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.

Source: Universal Capital Management, Inc.

CONTACT: Mr. Gerald Kieft of Wall Street Resources, +1-772-219-7525 or
gkieft@wallstreetresources.net, for Universal Capital Management, Inc.

web site:

http://www.unicapman.com/
http://youtube.com/sivootv

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