Monday, June 13, 2011


FOR IMMEDIATE RELEASE                                                                              June 13, 2011

Contact:    Ho-Hyung (Luke) Lee                                                      Jess Parmer


LOS ANGELES, CALIFORNIA, June 13, 2011 – UBIMS, Inc. a start-up company, announced its namesake product, “Ubiquitous Market System (UBIMS™)”, that will revolutionize the way products and services are searched, sold, and delivered via the Internet, and solve the current economic crisis. 

            “The company founder and CEO, Ho-Hyung (“Luke”) Lee, has discovered that there are many information based supply chain networks for big companies in the real distribution processes of the market, but no such infrastructure for public use at all.” Who will then benefit the most from this situation? “Big companies.” Who will get the most disadvantages? Mr. Lee said adamantly, “Small companies – and, accordingly, middle- and lower-income workers.”  It is very clear that something must be done here.

Then, how will UBIMS help? It is an efficient information based market system with a networked supply chain infrastructure, which is suited to the Modern Information Age.  That is, it is the third party infrastructure for communication and supply chain networks.  It will provide the following to all members of the market:  (1) a flexible and open market system with supply chain infrastructure; all members can instantly benefit from the size of the infrastructure itself, and easily modify it for their own use. (2) A streamlined supply chain network can be quickly constructed directly between suppliers and customers.   (3) Centralized volume and distributed expenses will be achieved at last, contributing to a fair rule of trade.

            What will happen if we just leave this situation alone?  “Then we are inviting catastrophe. That’s what I’m most fearful of,” says Lee. He further explains the reason with a bridge analogy: “What if the bridges or tunnels in San Francisco or New York City were built by individual companies, and only those individual companies could use their own bridges or tunnels? We already have many information based supply chain networks in the real distribution processes of the market, but they were developed by big companies, and only those big companies can use their supply chain networks. That is just as if there were no public bridges or tunnels in San Francisco or New York – no Golden Gate Bridge; no Lincoln Tunnel.  If you think we have traffic problems now, it could have been far worse.”  Correspondingly, without an efficient information based supply chain infrastructure in the real market process, the current economic problems including the unemployment crisis will become far worse, and no sustainable economic growth can be expected.  “That’s the real problem.”

If UBIMS is quickly, effectively, and fully implemented in the market, two major problems of the current economic crisis--unemployment and reduced consumption--could be solved at the same time. That is, consumer spending would rise significantly because cost would fall owing to direct transactions between providers and business customers, and employment could also be remarkably improved by creating a more profitable market.  Mr. Lee even insisted, “According to my simulation, we could create more than 5 million new jobs within 5 to 7 years in the US market alone.  I believe our system will realize the most viable and effective path to resolve the current economic impasse.”   
A system for real transactions such as UBIMS can be effective only in limited areas equipped with certain basic networked delivery functions Therefore, to get a satisfactory economic result from this infrastructure system, we look to expand across the United States as soon as possible. “Considering the current rapidly deteriorating economic situation, this is the time for the Federal Government to initiate and support the development and implementation of an effective information-based supply chain infrastructure, with the collaborative efforts of local and state governments and private sectors,” said Mr. Lee, with great urgency. 
 “As you know, every start-up faces risks. My company faces the added risk of an economy that may die before I can give it the cure.”  UBIMS will not only change the way e-commerce is done; it can and will revive an economy tottering on its foundation.

            UBIMS, Inc. is based in Los Angeles, California.   



            As the information in this press release suggests, UBIMS has the potential of changing the way we do business over the internet.  Its implications are enormous, especially on the economy.  If you, as a qualified professional or partner, wish to join the effort to realize a better world with UBIMS, please feel free to contact us.