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> |