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Gold/Mining/Energy : UNIQUE BROADBAND SYSTEMS (UBS:VSE)
UBS 42.69-1.2%Dec 15 4:00 PM EST

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To: timester who wrote (669)11/8/2000 6:40:18 PM
From: timester  Read Replies (1) of 682
 
NR
Unique Broadband Systems
RESPONDS TO ARTICLE IN TODAY'S VANCOUVER SUN

Concord, ON - November 8, 2000 - Today's edition of The Vancouver Sun
included an article about UBS written by David Baines, which article
contained erroneous statements concerning trades made by certain insiders
and other misleading innuendo. It is the view of UBS that this article is
defamatory in nature and UBS has delivered a letter to The Vancouver Sun
communicating this view to the newspaper and demanding a retraction. If an
appropriate retraction is not provided, UBS will consider its recourse
against the newspaper and Mr. Baines, including the commencement of legal
action.

About Unique Broadband Systems, Inc.

Unique Broadband Systems, Inc. (UBS) is recognized worldwide as a leader in
the design, development and manufacture of high-speed mobile and fixed
wireless transmission solutions, including systems based on OFDM technology.
UBS focuses on high-speed mobile solutions (DAB, SDARS, DVB-T and High-Speed
Mobile Multimedia) and fixed wireless multimedia (MMDS). The company's
extensive product line is combined with system design, installation,
maintenance and technical support to provide customers with total end-to-end
system solutions. UBS has offices in the United States, Canada, Russia,
Singapore, the UK, France, Italy, Germany and Denmark.

For more information on UBS, its products or investor relations, visit
www.uniquesys.com <http://www.uniquesys.com>.

Company contact:
Stacy Carson, UBS
(905) 669-8533
investorrelations@uniquesys.com <mailto:investorrelations@uniquesys.com>
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