UPS was involved in a four-year investigation by the New York Attorney General's Office concerning UPS's fleet of vehicles in upstate New York. UPS cooperated fully with this investigation, expending considerable time and resources to establish the facts, and now has settled the matter. UPS neither admits nor denies the allegations that formed the basis of the investigation. UPS made a business decision to sign this settlement to avoid expending additional funds and resources. UPS firmly believes the Assurance of Discontinuance reached with the attorney general in this case does not reflect on the safety of its automotive fleet in upstate New York or anywhere else in the country. There has never been an accident or injury relating in any way to the allegations made by the New York attorney general. UPS maintains one of the safest fleets in the industry. This has been confirmed by the federal government as well as an independent expert who, as part of the investigation, both physically inspected UPS's fleet in New York and reviewed the same records the AG's Office reviewed. The independent expert concluded that UPS's fleet was safe in all respects, a conclusion that was never challenged. Also, during the state investigation, the U.S. Department of Transportation conducted its own inspections of UPS's fleet and facilities in the Empire State District. The U.S. DOT's Safety Inspector "paid special attention to frames," but concluded that "[n]o frame violations were found." To even suggest that UPS would knowingly endanger the lives of its employees or driving public is untrue and was not substantiated by any evidence in this case. UPS has agreed to comply with additional inspection requirements in New York because of its commitment to safety. Editor's Note: This statement may be attributed directly to UPS or to spokesman Norman Black.