NEWS  RELEASE


FOR IMMEDIATE RELEASE


Contact:
Michael E. Kibler
President and Chief Executive Officer
(219) 977-5217
mkibler@us1industries.com



           US 1 INDUSTRIES COMMENTS ON FOURTH QUARTER RESULTS

Gary, Indiana, January 21, 2004.  US 1 Industries, Inc. (OTC-BB: USOO)
commented today on its expected fourth quarter results.  Michael
Kibler, US 1 Industries' CEO, stated:  "Although we have not completed
the closing process for the fourth quarter, it appears at this time
that our results for the fourth quarter of 2003 will be weaker than
those of the fourth quarter 2002.  There are a number of reasons for
this, including increased salaries, increased commissions, losses in
the over-dimensional operations and poor results from start-up
operations.  We will announce the actual results for the quarter at the
time that we file our Form 10-K for the year at the end of March."


Statements in this news release that relate to future plans, financial
results or projections, events or performance, are forward-looking
statements subject to a number of known and unknown risks and
uncertainties that could cause actual operations or results to differ
materially from those described or anticipated.