VANCOUVER, British Columbia, May 1, 2006 (PRIMEZONE) -- Uniserve Communications Corporation ("Uniserve") (TSX-V:USS) has released its financial statements for the quarter ended February 28th, 2005 showing continued revenue growth.
Third quarter revenues at $4.2 million grew by $0.9 million from $3.3 million at the end of the same quarter the previous year. EBITDA remains positive at $.15 million with the negative impacts of one time adjustments resulting from the integration of acquired companies included. "It has been a busy year and we are pleased with our results so far. We are on track with our plans to add new products and services to our broadband delivery systems and expect to exceed our 2006 financial targets when we include a full quarter of the revenues and EBITDA from the Inter.net acquisition in our consolidated Q4 financials," says Uniserve CEO, Wil Spratt.
About Uniserve Communications Corporation:
One of Canada's largest independent communications companies, Uniserve Communications Corporation delivers voice and data communications services to 110,000 businesses and consumers in urban and rural markets across Canada, offering scalable solutions including high speed Internet, Web hosting, long distance, fax-to-email and an award-winning call centre. Uniserve is an industry leader in the integration of voice and data services over multiple IP networks including cable, ADSL and wireless broadband. To service these networks, Uniserve has developed a proprietary ordering and provisioning system that will allow customers to dynamically customize their own services, test new technologies and receive support through web portals. Uniserve is publicly traded company listed on the Canadian TSX.V exchange under the trading symbol "USS."
For more information about Uniserve, its products and services please visit www.uniserve.com . Additional corporate and financial information may be found at www.sedar.com.
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
On Behalf of the Board,
William Spratt, President and CEO
For more information or to coordinate an interview with representatives of Uniserve Communications Corporation, please contact:
Uniserve Communications John Vickerstaff Vice President Marketing Consumer Relations 604-647-0620
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management's estimates, assumptions and projections using available information. Uniserve cautions that actual financial results could differ materially from the current expectations due to a number of factors.