UE Waterheater Income Fund

UE Waterheater Income Fund

April 16, 2007 11:16 ET

UE Waterheater Income Fund Announces Conference Call Details Regarding Alinda Capital Partners LLC and VOXCOM Announcements

TORONTO, ONTARIO--(CCNMatthews - April 16, 2007) -


UE Waterheater Income Fund, (the "Fund") (TSX:UWH.UN) will hold a conference call today, Monday, April 16, 2007 at 11:30 a.m. (EST) to discuss the Alinda Capital Partners LLC and VOXCOM Announcements released earlier today. Details to access the conference call are as follows:

For local calling: 416.915.9616

Toll-free within North America: 1.866.215.0058

Following management's presentation, there will be a question and answer session for participants.

If you have any problems accessing the conference call, or have any questions, please contact Jennifer Garland at 416.490.4968.

About UE Waterheater Income Fund

UE Waterheater Income Fund is an unincorporated, open-ended, limited purpose trust established under the laws of Ontario that indirectly holds, through the UE Waterheater Operating Trust, the water heater rental business of Union Energy Limited Partnership (Union Energy LP) and its related commercial activities as well as the security monitoring business. Each Unit of the Fund represents an indirect ownership interest in Union Energy LP and Protectron LP, which own and operate the businesses.

Union Energy LP's main business is the rental and service of a portfolio of more than one million residential water heaters in Ontario which is Canada's second largest portfolio of rental water heaters in a program that was initiated in the 1960s. In addition, Union Energy LP has related commercial activities that complement the water heater rental business, being the retail sale, rental, service and maintenance, and financing of heating, ventilation and air conditioning equipment as well as electronic security system sales, installation, rental, service, monitoring, and related commercial activities. The businesses operate under the Union Energy, Reliance Home Comfort, Reliance Protectron Security Systems, UEI Financial and Reliance Commercial Solutions brand names.

For more information on the UE Waterheater Income Fund, visit the web site at www.ueincomefund.com.

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