Universal Automotive Industries Announces an Extension Granted by the NASDAQ Listing Qualifications Panel

Universal Automotive Industries Announces an Extension Granted by
the NASDAQ Listing Qualifications Panel
Company Receives 180-Day Extension Concerning Its Continued Listing on the
NASDAQ Smallcap Market 


ALSIP, Ill., Feb. 1  /PRNewswire-FirstCall/ -- Universal Automotive Industries,
Inc. (NASDAQ:UVSL) today announced that it has received a 180-day compliance
extension from the NASDAQ Listing Qualifications Panel.  On July 28, 2004,
NASDAQ Staff notified the Company that the bid price of its common stock did
not exceed $1.00 per share for the previous 30 consecutive business days, which
is not in compliance with Marketplace Rule 4310(c)(4).  In accordance with
Marketplace Rule 4310(c)(8)(D), the Company was provided with 180 calendar days
to comply.

The Company received a NASDAQ Staff Determination Notice on January 24, 2004
indicating that its common stock was subject to delisting from the NASDAQ
SmallCap Market for failure to comply with NASDAQ's Marketplace Rule 4310(c)(4)
relating to minimum bid price requirement.  NASDAQ Staff noted that Universal
Automotive met all initial inclusion criteria for the SmallCap Market and
therefore granted an additional 180 calendar day compliance period concluding
July 25, 2005.

Universal Automotive's common stock will continue trading on the NASDAQ Stock
Market under the symbol UVSL.  If, at anytime during the extension, the
Company's common stock closing bid price is at least $1.00 per share for a
minimum of ten consecutive business days, the Company will receive notice that
it is in compliance with Marketplace Rule 4310(c)(4) and is no longer under
consideration for delisting.

Arvin Scott, Chief Executive Officer of Universal Automotive, stated, "We are
pleased that we have been granted this 180 day extension and intend to work
very hard to return to compliance as quickly as possible.  In light of the
exciting growth initiatives underway at Universal Automotive, we have every
reason to believe that Wall Street will recognize our efforts and reward our
Company with enhanced market support."

About Universal Automotive Industries, Inc.

Universal Automotive Industries distributes and manufactures brake rotors and
other brake parts, under its trademarks UBP -- Universal Brake Parts, Evolution
and Ultimate in the United States and Canada and its proprietary Autospecialty,
ValuMaxx and PowerStop brands. The Company also provides TRW- branded brake
rotors and drums and suspension products.

This news release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934 as amended, which are intended to be
covered by safe harbors created thereby. Such forward-looking statements,
including the risks referenced in the Company's filings with the Securities &
Exchange Commission, and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from any
future results, performance or achievements, may vary from the actual results
achieved by the Company.

                  For More Information, Please Contact:
                Elite Financial Communications Group, LLC
                            Investor Relations
                    Kerri Carothers, Account Executive
                407-585-1080 or via email at 

DATASOURCE: Universal Automotive Industries, Inc.



CONTACT:  Kerri Carothers, Account Executive, of Elite Financial

Communications Group, LLC, Investor Relations, [phone], ,

for Universal Automotive Industries, Inc.



Web site:  http://www.autospecialty.com/

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