Unique Broadband Systems, Inc.
TSX VENTURE : UBS.H
NEX BOARD : UBS.H

Unique Broadband Systems, Inc.

January 26, 2017 17:00 ET

Unique Broadband Systems, Inc. Reports First Quarter of Fiscal 2017 Results

TORONTO, ONTARIO--(Marketwired - Jan. 26, 2017) - Unique Broadband Systems, Inc. ("UBS" or the "Company") (NEX:UBS.H) today reported its financial results for the three months ended November 30, 2016.

UBS recorded a loss from operations of $126,000 or $0.001 per share, basic and diluted, for the three months ended November 30, 2016, compared to $134,000 or $0.001 per share, basic and diluted, for the first quarter of fiscal 2015.

For further information on the financial results of UBS, please review the Company's unaudited condensed consolidated interim financial statements and management's discussion and analysis of financial condition and results of operations for the three months ended November 30, 2016 and 2015, available on www.sedar.com.

As previously reported, the Company's Annual General and Special Meeting of Shareholders is scheduled to be held on February 28, 2017. Meeting materials will be filed today on www.sedar.com and will also be available to view on the Company's website at www.uniquebroadband.com.

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 www.sedar.com.

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.

Contact Information

  • Daniel S. Marks
    Interim Chief Executive Officer
    (905) 660-8100