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Gold/Mining/Energy : UNIQUE BROADBAND SYSTEMS (UBS:VSE)

UBS 47.21

+0.7%

Dec 24 4:00 PM EST

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To: burner who wrote ()	6/21/2000 9:28:00 AM
From: coolslug	Read Replies (2) of 682

NEWS OUT! Unique Broadband installs wireless video system Unique Broadband Systems Inc UBS Shares issued 87,765,779 Jun 20 close $4.97 Wed 21 Jun 2000 News Release Mr. Alex Dolgonos reports Unique Broadband Systems has shipped and successfully installed a wireless video system prototype for Hong Kong Cable Television Ltd. The UBS wireless video system prototype is now operational and is being tested by Hong Kong Cable in field trials to determine the total output requirements of the transmitters and repeaters. Hong Kong Cable, the only wireless distributor and fibre optic system provider in the territory, signed a contract with UBS in February, 2000. UBS is providing Hong Kong Cable with a complete 18-gigahertz point-to-multipoint video distribution system with transmitters, repeaters, transmit antennas, LNBs and feedhorns. When in full operation, the UBS equipment will enable Hong Kong Cable to operate 14 transmitter/repeater sites and service more than 450,000 current wireless cable subscribers, as well as provide wireless service to all of Hong Kong. This will make it one of the largest systems in Asia and the only system operating in the 18-gigahertz frequency. The platform will support full expansion of the system into a bidirectional Internet-ready system for the future growth of Hong Kong Cable. "Hong Kong Cable is a trailblazer in the adoption of leading-edge technologies," said Alex Dolgonos, president and chief executive officer of UBS. "The installation of our wireless video system prototype in Hong Kong will showcase the vast capabilities of our broadband wireless technology in this region of the world. We are confident that our results in Hong Kong will help us to further expand our reach into the Pacific Rim with our wireless video and related products." (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

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