19:02:13 EDT Thu 28 Mar 2024
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or Name
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Uniserve Communications Corp (2)
Symbol USS
Shares Issued 44,089,045
Close 2013-07-22 C$ 0.04
Market Cap C$ 1,763,562
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Uniserve Communications creates new business unit

2013-07-23 09:23 ET - News Release

Mr. Bruce Sanderson reports

UNISERVE FORMS NEW BUSINESS DIVISION TO LEVERAGE EXISTING INFRASTRUCTURE INTO SITE SECURITY, REMOTE MONITORING & ACCESS CONTROL

Uniserve Communications Corp. has formed a new business division called Uniserve Integration, the purpose of which is to introduce and use the company's existing Internet and telecom technology into new areas and business opportunities.

The company chose the site safety and security arena to initiate a pilot program to test a comprehensive range of customized security services that include remote site video monitoring, site security access control, video analytic capabilities, personnel/vehicle monitoring and mobile rapid deployment surveillance capabilities.

"By finding ways to maximize the use of our existing technology infrastructure, we will be able to increase revenue dramatically and can leverage our Internet and telecom assets by integrating them into new business models not previously explored, thereby expanding the scope of services we can offer our clients," stated Bruce Sanderson, the company's president.

Results stemming from the pilot program, which was officially launched in June, 2013, have shown there is a significant desire for the new service and the company has deployed various location-specific video monitoring systems, as well as a mobile remote monitoring trailer. Ten clients taking part in the pilot program have given the integrated security solution top marks for effectiveness and the service has resulted in recurring monthly revenue of just under $15,000. This revenue is expected to increase dramatically following the successful results of the pilot program and the nationwide rollout of the various site safety and security product offerings.

The company further wishes to announce the resignation of Dan Nou as a director of the company. Mr. Nou has elected to step down allowing him to utilize his extensive experience in corporate growth to be more involved in the day to day operations and its sales and marketing plans. The vacant seat is expected to be filled in after review of aligned candidates.

We seek Safe Harbor.

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