all: V.UBS--a recent double
I've had this for awhile. It was around .22 3 or 4 weeks ago. Since then fairly sustained volume increase and buying. Doesn't seem to have made the real move yet, even with the double. Anyone intrested in a short (or long) term trade can type UBS into the symbol box in the following url:
fin-info.com
Here is one (not the last) news release:
Unique Broadband Systems Enters into Development Agreement with Lucent Digital Video for New Digital Video Applications
MARKHAM, ON/Murray Hill, NJ, Nov. 18 /CNW/ - Unique Broadband Systems,
Inc. (VSE:UBS) has entered into a development agreement with Lucent Digital
Video, a wholly-owned venture of Lucent Technologies (NYSE:LU) for new digital
video applications, including new products and end-to-end digital video
solutions. The two companies will work specifically on solutions for digital
video in the areas of terrestrial and satellite distribution. In addition,
Andreas Papanicolaou, President of Lucent Digital Video, has agreed to join
Unique's Board of Directors.
Under the terms of the agreement, it is expected that Unique Broadband
Systems will conduct much of the research and development on the joint
projects and will provide transmission equipment and digital video boards, as
well as systems integration and custom system design to Lucent Digital Video.
Lucent Digital Video has agreed to fund Unique's expected engineering costs
and will be the end-to-end supplier to customers. Work has commenced on the
initial project.
Unique Broadband Systems will bring its expertise in microwave frequency
and digital video board design to its development work with Lucent Digital
Video. ''Unique Broadband Systems offers us another competitive resource for
product development in new digital video areas,'' said Andreas Papanicolaou,
President of Lucent Digital Video. ''The global market for digital video is
expanding rapidly, and this requires faster product development in new
applications. Together with Unique, we will deliver new customer solutions
faster.''
''There are new challenges for digital video systems that require strong
expertise in both design and systems integration, and we look forward to
delivering new applications for this industry with Lucent, who will market our
solutions on a global basis,'' said Alex Dolgonos, President and CEO of Unique
Broadband Systems. ''We believe that we are well-matched companies for this
endeavour.''
Unique Broadband Systems, Inc. is a recognized world leader in the
design, development and manufacture of broadband wireless and other wireless
solutions that serve the service provider, telecommunications and broadcast
industries. With headquarters in Markham, Ontario, Unique Broadband Systems
markets its products globally, providing 24X7 support. Unique Broadband
Systems is a trademark of Unique Broadband Systems, Inc. For additional
information, visit the company's Web site at www.uniquesys.com.
Lucent Digital Video is one of several new entrepreneurial business
ventures formed by Lucent to help bring Bell Labs technologies to market.
Leveraging decades of Bell Labs research and development, the group was formed
to manufacture and market digital video products, including encoders. Lucent
Digital Video markets its product line for cable, wireless cable, fibre optic
and satellite back-hauling, DBS (Direct Broadcast Satellite) and other
applications worldwide. In January, 1998, Lucent Digital Video announced a
strategic alliance with Harris Corp. to market DTV equipment for the North
American broadcast market.
Lucent Technologies, with its headquarters in Murray Hill, N.J., designs,
builds and delivers a wide range of public and private networks,
communications systems and software, data networking systems, business
telephone systems and microelectronic components. Bell Labs is the research
and development arm for the company.
On behalf of the Board of
Unique Broadband Systems, Inc.
''Stephen Rosen''
Stephen Rosen
Chief Financial Officer
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