TORONTO, ONTARIO — (Marketwired) — 04/24/15 — Unique Broadband Systems, Inc. (“UBS”) (NEX: UBS.H) today reported its operating and financial results for the second quarter of fiscal 2015, ended February 28, 2015.
SPECIAL MEETING OF SHAREHOLDERS
The board wishes to remind shareholders of the Special Meeting to be held May 4, 2015. This meeting is very important and requires shareholder attention. At the Special Meeting, shareholders will be asked to determine the future of UBS by electing a new board of directors from six nominees.
Two shareholders, Mr. Robert Ulicki and Mr. Alex Dolgonos, have each expressed an interest in appointing a new board of directors who will assume responsibility for directing UBS– post-CCAA (Company Creditors Arrangement Act) business, with substantively different plans for the business of the company and its remaining assets going forward.
Details regarding the proposed board nominees and other relevant information are available on the company–s website at . We urge shareholders to review these materials and to then attend the meeting on May 4, 2015. If you are not able to attend, please complete, date, sign and return your proxy form so that your shares will be represented at the meeting, or vote your shares online. A link for electronic voting is available on the company–s website.
OPERATING AND FINANCIAL HIGHLIGHTS
For further information on UBS– financial results, please review UBS– unaudited condensed consolidated interim financial statements and management–s discussion and analysis of financial condition and results of operations for the three and six months ended February 28, 2015 and 2014.
About Unique Broadband Systems, Inc.
UBS– shares are listed on the NEX under the symbol “UBS.H”. More information on UBS can be found at .
The corporate information contained in this release includes forward-looking statements regarding future events and the future performance of UBS that involve risks and uncertainties that could cause actual results to differ materially. Assumptions used in the preparation of such information, although considered reasonable by UBS at the time of preparation, may prove to be incorrect. The actual results achieved may vary from the information provided herein and the variations may be material. Consequently, there is no representation by UBS that actual results achieved will be the same in whole or in part as those forecast.
Neither the NEX nor its Regulation Services Provider (as that term is defined in the policies of the NEX) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Unique Broadband Systems, Inc.
Grant McCutcheon
Chief Executive Officer
(905) 660-8100
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