<SUBMISSION>
<ACCESSION-NUMBER>0001193125-09-165025
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20090804
<ITEMS>3.01
<ITEMS>9.01
<FILING-DATE>20090805
<DATE-OF-FILING-DATE-CHANGE>20090805
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>VELOCITY EXPRESS CORP
<CIK>0001002902
<ASSIGNED-SIC>4513
<IRS-NUMBER>870355929
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0701
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-28452
<FILM-NUMBER>09986424
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>ONE MORNINGSIDE DRIVE NORTH
<STREET2>BUILDING B SUITE 300
<CITY>WESTPORT
<STATE>X1
<ZIP>06880
<PHONE>203-349-4160
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>ONE MORNINGSIDE DRIVE NORTH
<STREET2>BUILDING B SUITE 300
<CITY>WESTPORT
<STATE>X1
<ZIP>06880
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>UNITED SHIPPING & TECHNOLOGY INC
<DATE-CHANGED>19990512
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>U SHIP INC
<DATE-CHANGED>19960313
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P
STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:3px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="3"><B>WASHINGTON, DC 20549 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>FORM 8-K </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>CURRENT REPORT
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>PURSUANT TO SECTION 13 OR 15(d) OF THE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="3"><B>SECURITIES EXCHANGE ACT OF 1934 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Date of report (Date of earliest event reported): August&nbsp;4,
2009 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><B>VELOCITY EXPRESS CORPORATION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Exact
Name of Registrant as Specified in Charter) </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Delaware</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>0-28452</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>87-0355929</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(State or Other Jurisdiction</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>of Incorporation)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Commission File Number)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(IRS Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>Identification No.)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>One Morningside Drive North</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Bldg. B, Suite 300</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Westport, Connecticut</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>06880</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Address of Principal Executive Offices)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Zip Code)</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Registrants&#146; telephone number, including area code: (203)&nbsp;349-4160 </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Not Applicable </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Former Name or
Former Address, if Changed Since Last Report) </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Check the appropriate box if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:3px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P
STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;3.01</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Notice of Delisting or Failure to Satisfy Continued Listing Rule or Standard; Transfer of Listing. </B></FONT></TD></TR></TABLE> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On August&nbsp;4, 2009, Velocity Express Corporation (the &#147;Company&#148;) issued a press release announcing that it has received a notification that
NASDAQ will not grant the Company a further extension within which to regain compliance with the applicable NASDAQ listing requirements. Therefore, trading in the Company&#146;s stock will be transferred from The NASDAQ Capital Market to the
over-the-counter market, effective at the market opening on August&nbsp;5, 2009. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Company had requested an extension because the
closing of the Recapitalization Agreement approved by the Independent Directors on July&nbsp;31 would result in the Company regaining compliance with the $2.5 million Stockholders&#146; Equity requirement for continued listing on The NASDAQ Capital
Market; however, it cannot be completed until mid-September at the earliest. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Company&#146;s securities are immediately eligible for
quotation in the Pink Sheets, an electronic quotation service for securities traded over-the-counter, effective with the open of business on Wednesday, August&nbsp;5, 2009. The Company&#146;s trading symbol will remain VEXP. However, it is the
Company&#146;s understanding that, for certain quote publication websites, investors may be required to key VEXP.PK to obtain quotes. The Company&#146;s common stock may, in the future, also be quoted on the Over-the-Counter Bulletin Board, an
electronic quotation service maintained by the Financial Industry Regulatory Authority (&#147;FINRA&#148;), provided that a market maker in the Company&#146;s common stock files the appropriate application with, and such application is cleared by,
FINRA. In such an event, the Company&#146;s trading symbol would also remain as VEXP. However, it is the Company&#146;s understanding that, for certain quote publication websites, investors may be required to key VEXP.OB to obtain quotes.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">A copy of this press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. </FONT></P> <P
STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;9.01</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Financial Statements and Exhibits. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">(d) <U>Exhibits</U>.
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="95%"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">99.1</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Press Release dated August&nbsp;4, 2009</FONT></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>V<SMALL>ELOCITY</SMALL> E<SMALL>XPRESS</SMALL> C<SMALL>ORPORATION</SMALL></B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Edward W. Stone</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Edward W. Stone</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Title:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chief Financial Officer</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Date: August&nbsp;5, 2009 </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>dex991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML><HEAD>
<TITLE>Press Release</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px">

<IMG SRC="g53361ex99_1pg001.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>VELOCITY EXPRESS ANNOUNCES RECEIPT OF NASDAQ LISTING DECISION </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">WESTPORT, Conn., August&nbsp;4, 2009 &#150; (BUSINESS WIRE)&#151;Velocity Express Corporation (NASDAQ:<U>VEXP</U>), the nation&#146;s largest provider of time definite
regional delivery solutions, announced today that it has received notification that NASDAQ will not grant the Company a further extension within which to regain compliance with the applicable NASDAQ listing requirements. Therefore, trading in the
Company&#146;s stock will be transferred from The NASDAQ Capital Market to the over-the-counter market, effective at the market opening on August&nbsp;5, 2009. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The Company had requested an extension because the closing of the Recapitalization Agreement approved by the Independent Directors on July&nbsp;31 would result in the Company regaining compliance with the $2.5 million Stockholders&#146;
Equity requirement for continued listing on The NASDAQ Capital Market; however, it cannot be completed until after Shareholder Approval, which will occur in mid-September. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The Company&#146;s securities are immediately eligible for quotation in the Pink Sheets, an electronic quotation service for securities traded over-the-counter, effective with the open of business on Wednesday,
August&nbsp;5, 2009. The Company&#146;s trading symbol will remain VEXP. However, it is the Company&#146;s understanding that, for certain quote publication websites, investors may be required to key VEXP.PK to obtain quotes. The Company&#146;s
common stock may, in the future, also be quoted on the Over-the-Counter Bulletin Board, an electronic quotation service maintained by the Financial Industry Regulatory Authority (&#147;FINRA&#148;), provided that a market maker in the Company&#146;s
common stock files the appropriate application with, and such application is cleared by, FINRA. In such an event, the Company&#146;s trading symbol would also remain as VEXP. However, it is the Company&#146;s understanding that, for certain quote
publication websites, investors may be required to key VEXP.OB to obtain quotes. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><U>About Velocity Express </U></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Velocity Express has one of the largest nationwide networks of regional, time definite, ground delivery service areas, providing a national footprint for customers
desiring same day service throughout the United States. The Company&#146;s services are supported by a customer-focused technology infrastructure, providing customers with the reliability and information they need to manage their transportation and
logistics systems, including a proprietary package tracking system that enables customers to view the status of any package via a flexible web reporting system. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><U>About Pink Sheets LLC </U></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Pink Sheets provides broker-dealers, issuers and investors with electronic and print products and information
services designed to improve the transparency of the Over-the-Counter (OTC) markets. The products are designed to increase the efficiency of OTC markets, leading to greater liquidity and investor interest in OTC securities. Pink Sheets centralized
information network is a source of competitive market maker quotations, historical prices and corporate information about OTC issues and issuers. Pink Sheets is neither an SEC-Registered Stock Exchange nor a FINRA Broker/Dealer. Investors must
contact a FINRA Broker/Dealer to trade in a security quoted on the Pink Sheets. Pink Sheets LLC is a privately owned company headquartered in New York City. More information is available at <U>http://www.pinksheets.com</U>.] </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><U>About the OTCBB</U>: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The OTCBB is a regulated quotation service that
displays real-time quotes, last-sale prices, and volume information in over the counter equity securities. An over the counter equity security generally is any equity that is not listed or traded on a national securities exchange. OTCBB securities
include national, regional, and foreign equity issues, warrants, units, ADRs, and Direct Participation Programs. More information is available at <U>http://www.otcbb.com</U>. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Forward Looking Statements </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Certain statements in this press release, and other written or oral statements made by or on behalf of the Company, may constitute &#147;forward-looking statements&#148; within the meaning of the federal securities
laws. Statements regarding future events and developments and the Company&#146;s future performance that are not historical facts, as well as management&#146;s expectations, beliefs, plans, objectives, assumptions and projections about future events
or future performance, are forward looking statements within the meaning of these laws. Forward-looking statements include statements that are preceded by, followed by, or include words such as &#147;believes,&#148; &#147;expects,&#148;
&#147;anticipates,&#148; &#147;plans,&#148; &#147;estimates,&#148; &#147;intends,&#148; or similar expressions. These statements are based on beliefs and assumptions of the Company&#146;s management, which in turn are based on currently available
information. These assumptions could prove inaccurate. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Forward-looking statements are also affected by known and unknown risks that may cause the actual
results of the Company to differ materially from any future results expressed or implied by such forward-looking statements. Many of these risks are beyond the ability of the Company to control or predict as identified in the section entitled
&#147;Risk Factors&#148; in the Company&#146;s Annual Report on Form 10-K for the year ended June&nbsp;28, 2008 as well as in the other documents that the Company files from time to time with the Securities and Exchange Commission. Management
believes that the forward-looking statements contained in this release are reasonable; however, undue reliance should not be placed on any forward-looking statements contained herein, which are based on current expectations. Further, forward-looking
statements speak only as of the date they are made, and management undertakes no obligation to publicly update any of them in light of new information or future events. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><I>Contact: </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Velocity Express Corporation </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Edward W. (Ted) Stone, CFO </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">203-349-4199 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><U>tstone@velocityexp.com </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Institutional Marketing Services (IMS) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">John G. Nesbett/Jennifer Belodeau </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">203-972-9200 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><U>jnesbett@institutionalms.com </U></FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g53361ex99_1pg001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g53361ex99_1pg001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`*P!Q`P$1``(1`0,1`?_$`+L```$#!0$!`0``````
M```````&"`H!`P4'"0L"!`$!``$#!0$```````````````@!!PD"`P4&"@00
M```&`0,"`P0%!0L-``````$"`P0%!@<`$0@2"2$3%C$R%!5!42)",X&1-C@*
M87%28L)C)#149#6AP='Q<M(C0T2$%Q@Y$0`!`P($!`,$!P8'```````!``(#
M$002!08'(3%!$U%A"'$B,A3PH;%"(S,T@9$5-18)P?%2<H)#)/_:``P#`0`"
M$0,1`#\`D>]PSNWR/;ZS%7L:V/C1+Y"KURIB-OJ%\CL@M*XTE#MWB["Q1)XY
MU690Z;^">E1\P/.,)DG"9]@`=6IUWNB_0E^+.ZLWSV\S2YC@0!1I#7`\*\SS
M4T/37Z/KGU)Z4N-09#J."TSFRG-O<PR0/>Z-CP7Q/:6GB'M:>E000E/VX.[9
M2>X)>\A8X2Q6^Q#:Z568ZVQ;*4N#*T^JX5>0^72ZK,S:(AS-UH-RX;"H4`4Z
MDG)3!L!1UN:!W/RK6MU)E\-N^WG;$'<2#6K@V@\.)!7'>IGT=:D].>2Y;J;-
M+]F;9)>SN@?)'"^/M2AA>W%B)KB:'>')=@@`O@8OWM]_'<-Q\1_RZNK(9`1&
M![@'$_8H>NJV:K_B+`T>0''CYE5,`B4P!MOTC[?9[/IUMN#2TA_P]55_PGAB
M\O'R4<?+/[1AA+&^4,A8]AN/=_O\;1[?.U)K=8N\5B,C+,:`?*1SJ5CX]VR5
M<M6*SQNIY13F,)B`!O#?;5CL[WVTQEEY-8N@FE>QY95M*$M)"R3:*_MH;F:N
MTEE^J;G/LDRZ&_LV71@G$O=C[C0YC78>M"%V`X3<IE>9>`H#D"CC*PXJA+=(
M3;:L0=FEHV:DI:$AI!2,"RHN8M%%N2/DI!JN1`H@)Q*CU>Z8N]S],9]#J/(H
M<ZBA?%'-RQ<_\E#'>K;%NR^X%UMS<YI9YOF=@QAFEM0[MXWBO;&+B71U&/P/
M!.X#Q`!^L`]OMUV-6IPEONN-7#A7Q\U71$:(C1$:(C1$:(C1$:(N*G?9XKAR
M`X72V0:_'?$Y!XX/U<F0QFS?S7[VG&0+'9"B$>D!.<@0@ED>G80$\<7P\1U:
M?>+3`S[2C[^%H-_95D::<2S[[?8:`T\0IP^@'=ANVV^UMDU_)@R'4;/D)220
MV.=_Z::E:!PD_#Q'DV1P40WM]<D%^*G,'"69S.5$J[&VAM6KZ5,_V'6/;GTU
MZR^87<$U"L6KXCP@COTJ-BB'LU%K;S4#=/ZGM;UPP0BX$4G&@<U_5WB&FA]H
M69OU-[7.W?V/SS14L;?XDZV?/:OH"XW=I^*T-KR[KFB&HI5DA"])%NX0=)(+
M-%2+-5T$W"*R)P.DLBN0#HK(G+N0Z:B9@,4P#L(#J?LLOX<982YLM`'=*4KB
M7E]D[L#L,^-MS&XB1AY^Z["X'_:[@F#=SWDY_P"IW"_,>28]_P#!W.8@CX\Q
MMLH!'!KU>$U8:+?-P`Q5#F@6RJ\B?I\0(T$==)W"U''IG2MW?M<6W?:=''X]
MQP(:X>PJ0_I:VM?O#OCDFE)6$Y*V=MW=GHVW@<'R--.0<`&T-*XEY^6"L06;
MD!F7&&%*IYSNSY0ND14V:QP%95L22>E/+SSH1'Q2C8P'#U<XCX`D.XZ@YI^U
MNM0YW;97;@NO+F;$Y]*GB>-3]J]'^X.M;':[0.;[@9T61V659<9A&*"H#,-O
M`P'AQ(:&M\2O3/Q5C2L8@QO1L5TYF1E5,=U*"IL$V(F1/ICH%@BP144*F`$%
MPY,D*JI@]Y4YA'<1UD.RVQ9E.5LL(VCLQMHUHY`4Y!>5[5FILXU;J*_U5G+R
M[-LQO9+F0]<4KBYP/E4T`\%L(`V``^H`#7U`U`-*577P*`"E/+P\E7555&B(
MT1&B(T1&B(T1&B+&S,5&SL3)0DRR1DHB8CWT3*1[D@*-7T;*-5&,@T<IF^RH
M@Y:+&(<H^THCK8FCCG:ZWE_+<QV(>+2,)'MXK7%>7>7W$5[8%S;V&5CV.::%
MKVN!:X>8-"/`BJ\U/F]QQD.*7*3,V"'C5PC#U.UO5:6HN&Y'^/[&!YBG/D#@
M`%63/!/4T3B`?970.'M#6/W7603:9U!=9401!`XO:>I;(?<->I%1]B]1_IYW
M.L]Y]HLEUT2'7\]BV*=K31HGLP([EH;QHZ9P(::GC0BJFY]G;DF;DKP7Q/*R
MLF+^ZXN:KX<O15%.MP$E2"(LX&0=>8(J&/,5$[%P)_$#J'/M[!U,G;'4;=2Z
M*MWRNQ7L+!!(>1Q-`:#Y5%/K*P*^M#:T[4^H#.\LLH>WD&8N^?M*#W!'<>\6
MM/*C'EP<!UHN$G[1KR3&WYQQCQ@@Y(ZT'B*OC?KJS2,4Z)K]<VYD8)NY,4P@
M*T+4$O-`HAU$&1'Z]62W_P!1B6_M,@MGM,=J.Y)XEW@>G`=%D`_MC[7OR?2.
M<;O9A;N^;SB?Y2U)-6FVMS@F+!3W7/EQ-)K]WDM>]C6K86PY,YAY^\F[]2<3
MXHPXT:8GH]VR-.1T!7E,BWI--Q.)1BLB(&DI]I6P1;-T&@*.3C(G*0HB`[4]
M/NF!<YA/J.1A[%N>VRO64\R/(`\NA6Q_<ZW3;EVF\IVBRZ0_.9K)\]>-K7_R
MQ<+>(]6G$`X\/>PE2%<Q=TK%,'D/MUTKCNI3N2$1W!<J76KUF\U"]-?2]2Q?
MB^K.[)E+*(/F+&22E$Z;\,""[)46HD7\PBATSD$NI9=QWDL+0C&%S27$.I6I
MX\.5#T3DL2=P3@]GF[7W'6%^6.`\G73%T5*S]_KU0R5699[6J]!K_"S=A>*(
M/_A%8"$<%$CYZBJHU:'\%5":V^?%;BT':N[7P[<UVM3O'[+V(^32LUR$I/':
M28T#-N,*\V@;+;F<M,.Y$)ZZ3D/#64T!6X1S(FCXI5V^>-D3F;$4`IMB),8'
M[V7;IY!N>1CFI<@Z=!4WC3DRJ8LM61KM/0$!3;7-W9XG$UF;HKTDH]<2=-GK
M&I\KCI)RFU3D7R:A6Y3E)UB1/D>\J^-T?)Y<AW>;<<)2N!9"LP^9(TMD9N'N
M-YVZ-"/ZC7;2@W.H=A9+*T5(9C';&?.?,(!$3"8H"19"'Y*8`GHR)F(;,N.9
M2.G(JF3,0X:6>-/\QC<B6.4J-(=-$!<%<KC9;3"/8MJF4GF&D&BR`E!1%0I2
M)+Q/,SBA/-+E(0_(?$3V-H$`RMMNF$[I%$AH6JOY3Y"WLJ\LLNG&NH`)\08*
M/&ZRJ"3TP-U#$6$""1?JC>7G&*5FXVLM,Z8W&?F*H\NT?'.+$VCUC5F/AE;*
M\DG(2/PR3`6U8;J2AV[@Z3HL8F9UY0MRBKHBN0_+3CC87%+90F7JK(O\C2CJ
M&I$<V-(&DIY^Q?)1CDS:.48IO48\9-8K=-XNFBS55.4J:IC#MHB<7TF_@C^<
MO^]HB^1#?;\H"`_2&WB&J$`T/4'Z!:'NF;0Q4H#Q^GUJ.'WV>WS9^0*N*^1&
M+G&/X.R51LZQYDI_?KS7<<P+BINUOF%-DE[#9G+&*,]BIM9=F5(QRJG(]+T[
M]&VK![V:(DSID.H+%\++A@[4HEEB@C+.+@\R2N;5S7```$D^'!9+_0!ZB<LV
MSES?;[5'S\V67T8N;(6MM<7<T=S'0OC;#`V3#&]HQEY`&)H!-7)NO9I89(X,
MVGD"3,-YP1(X8G<63&39A#'_`"#QID&<A[%B9DXE',FWJU=F74FLVDJJNX;K
M+D3Z"&01ZQV$-<!M'<NTA+>VM]=9?-9.MW2_@WEO,08VEQ.!DCG\16M&D#F>
M"N;ZW[W36_&6:;FT;E^?1ZS@OV68-WE=[;-DAO'!C&"66)D9+)L+@"ZM*@*-
M]F[*UNY(9SR1E^;2=R%MR_D"6L+>-(!U')#6"2\FM5QFF3J,'P$>=JR1(7P_
MX8`&K!Y]=W.IL\DOHJR7-W.0!SIB-&-'D[A_@LH>W.D<CVBVORO2,#\&6Y)E
MK(I'EK6`S11A]S,^G`8Y,3GFO`D\5*!S5V/LU7CCAVU*[@W*%,IE\X?62YY?
MR#2+W9<EX\K&0LIY9@8XLM;$;_AX%KQ6;KC)\15M%N44E"'9[I;D*8W5.[1&
MG(]+Z8M<K!(D;$'2&@XR.XDGV<EYJ/4+NG>[S[O9[K5[BVSGNA!:#GV[:W)8
MUK:]'`%Q\W&G14E_V?BY/4F5=J.:J?B>F53MY\B^.F.RUMQDNYV6J\K^7%\<
M7/D%FX)N[22LZXI,^U?+Q""7S'YN9BN(B*8@!==J5FEJ6P_L\')'-^%K'!YC
MS]QOPYE*F<&*[P0XU0W%+'ESKV*8.EL+-7K%?;OF*4L*[*Y7*PY=:0"T?)-6
MZ";5FA)N%"_$*"/41/MHO;#Y.VS+?;/R%R'F>'-1J/`9IF2;?XGXOTF\UVEW
M#(DWCJ.QCA*P-(ZTM$P<(4&(:+/'?Q*B($77,BU3Z!,H)%RHS_V^N0_&'M(Y
M#[9,KCIKR2Y<<J^3,CE'`V1^+6([Y*U9>>:YWI&6C73E-?+/%1-3Q0U@@=NB
M-P56%B6/9>6D"QP5W(NPE`[4]VPU@3C15ZC?(_(.9JAF>Z\F^5EQLN0\BXEE
M.1'(W*5%GX"P90#)&-(^7M,2\H4S813@&1VBS0(1NFUV14*14I%:SAP2R7C%
MJGG;$*M?<VO$>+\SX2PMBR$86^^N8EER`9.U!RFO;+'\5;[5F=CR(LQK`YE7
MRQ&476W$F@@9)1R[<JD6V*WV_,B3YL$H93=81A:W@^N8,Q+&8TQPRL$O3G^(
M,06R$RE9CJ+6*#A3KV/*>5,>5!12.4;"QC(J&4(+AXY<'4T18V([?5S;*Y;_
M`/(U1QOGGY_E/-^3*?ZVY!Y^KU6MSO/4O:H.=6NF-F-=FZ;0;)7\+75Y6V\C
M%$E3G%%`Z)691$4B)>X?XB<D*AE/CU=KID^OR$EAVL3%.R'EF,O&09Z_YXQA
M)'NTO6,#W^H6.`:5J8K^,+/;$%(JWR#]]9'!(L5C%0<2;_J(NI.P?4'Y@T15
M_-ML._U[_6&BT'N"0%I]SJ$DKY5V%UJ4]5I(`^&G(URQ\[X.-?+-%U$C"W?-
M6\NRD8T7C-<I5$C+(*D*H4!$H@&OBS"T;F%E)8$EKI6D`BE:CCPQ<*\.J^W+
M+^7)\XM\X@;C,$K74]_D#[P/;(=1PJTT/510N[/D5;COQID,3*RB[/(/(.U&
MI#EO(2V(I=]'8RQ\\:RUY>-7^.*96'<.O.SX1T4X;NE%!50%8@D*)1U%36US
M>Y%D5S9WWS#;F[D$48=VG/$8<.[^4`*/;P`Z=5EH]&FD\NW%W?CU4Z&&33^F
M[+YUI:VZ8U]W<#!",-T]U>R27@@4J`X+GYV0N,+7DOS8K%AFF*4ACSCX@WRK
M9C*)@YCW5B:N0:8]A'(*$.BK\38-WIRB.YDX\VX;>WAMF=-#-]5LNWL+;*R`
MD(<T^\YGP%II2H-#0\Z*47KWWDN-L=C)\AL)2S4>I@;2/#0ED4WZI[Z<1CCQ
M-:X<6EPK12OY?F]D>!GG*$S@])C75(M]98Z75GY!-^%5E;)9JO2IQ["OXZ*=
M*`#^&8K3X-RG;Q#:92,HN4C=909G/[KW/J1VRT`#P]J\]-!B,W_?6@\`WK_R
M\UDH'E-F.=PXMF9.DQ5=7L>2\2U*`IML8V`[6!@I"N5V:R/)G=0\:G,23AS\
M<^2C#*)@B5XFDD;<>H#ZUJ6'#F9FZ#@#6.1X]GGX%G%%D5T6L]-C?9$IEKRP
M#>-&@15::N0>4-T\4-YQ$T8TB9AW572*)$I<C\K\J0V$Z=8XS'U=BLA9+AK^
M-<%2<>66LJ/(*1CH*G(UIU68:R#,V:].+"U?1L>Y`B)&[1X+E4I4C"!%JY'F
MOFV1:P<X3$D[&P45%V2;L#6).SFGTXQAH]G+N$9X["'G%*O8X!A79Q-]&))E
M<.':B*:/2;HZB+8\-S`S+;;R[IM:X]LHXR]A8PD4XN5O=1;F-82,2%QC[3;(
MJ/AI"5CH:6I:2YD/Z.1-.3;BV46W4(?1$[3`^5'6:<=0V3!K#BJQ%L11D*TT
M>NE5W[Z#%FU+\U7149LQ9M7LH+H&91+UK,2(KF`HJB0I%N7;_3HB/]7Y`]@:
M(C1$:(C1%;5]A?<][[_^R/N_1U?YM!7&VGB?"O+I7ZZ<:*@IWF5KS/*OAY)@
M?(_?U)"?_/[\.;_63V]2?XH?;Y/_`#.W]=_OF^ND7^'$VG\&^(_G8L?,_#7K
M_J_:KR:&_3ST_K#\IO\`+.7W?CK]SP\J)=<5?>N?ZG>_F0OZIOX>W2_W]<?1
MU_V'?QV\W7+Y!\<M/D:81^G_`&\Z\?H5P&X6'N6E?ZFKA/\`-JTZ?E4X?OZT
M3Q_^8EM_/^]MU^\7\+J^C^'KL"MVK9_Q?N^TOXF_F^]]'\G^-HBO?>'WO?+]
M7\3\G5]7Y-$5E'V!^'[_`(^3[N_2I^'^[^]X=/5HB^ON_P#<_1[OX@>W;_J/
MY6B)%9'\OT%?/-])^5Z2GO,];_$^D>GY<ZZO6/P7],]-;?USR_M^3YFWCHBR
JM3_1FO;>GMO3\%^BF_IK_#4?T>W^UZ?_`+#_`';IT1*'1$:(C1$:(O_9
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
