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Gold/Mining/Energy : UNIQUE BROADBAND SYSTEMS (UBS:VSE)
UBS 44.84+0.1%Dec 17 4:00 PM EST

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To: Apex who wrote (640)8/3/2000 10:03:12 AM
From: timester  Read Replies (1) of 682
 
Unique Broadband Systems Signs Multi-Year Supply Contract with Bell Canada
to Deliver High-Speed Wireless Internet Access

Concord, ON - August 3, 2000 - Unique Broadband Systems, Inc. (CDNX: UBS),
recognized worldwide as a leader in the design, development and manufacture
of broadband wireless solutions, announced today that it has signed a
multi-year supply contract with Bell Canada to provide broadband wireless
equipment for use in the delivery of high-speed wireless Internet access to
institutional customers.

Under the contract, which has a projected value of $3.9 million, UBS will
supply Bell Canada with wireless transport equipment, as well as training
and maintenance services.

The new contract extends the relationship between the two companies. Last
year, UBS delivered wireless transport and access equipment to Bell Canada
that helps provide a link to rural customer sites that were beyond the reach
of high-speed wireline access. UBS supplied bi-directional wireless
transport equipment, which links various Bell point-to-multipoint radio
sites providing wireless broadband data access. This network provides
high-speed wireless access for up to 73 schools in rural areas of Western
Ontario.

"We were very pleased with the broadband wireless technology UBS supplied
for our project with the rural schools last year," said Clayton Mangione,
Director of Technology Development, Bell Canada. "UBS has shown it can
deliver the technology and the expertise that we need for this wireless
Internet project. The combination of our wireline services and UBS'
broadband wireless solution will enable us to deliver high quality
high-speed wireless access to our customers."

"This new contract with Bell Canada is a strong endorsement and further
reinforces our leadership in the design and manufacture of broadband
wireless equipment," said Alex Dolgonos, president and CEO of UBS. "After
the successful deployment of our systems last year, we were awarded the
contract after Bell Canada issued an RFQ for additional equipment to deliver
high-speed wireless Internet access to selected customers in Ontario. This
will further showcase to the rest of the country and on a global basis the
capabilities of our broadband wireless solutions. Moving forward, we will
continue with our strategy of fostering strong relationships with
influential telecommunications companies, such as Bell Canada, which are key
to our ongoing growth in the broadband wireless market."
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