Uniserve Communications Corporation

Uniserve Communications Corporation

June 24, 2015 09:00 ET

Uniserve Opens Phase I of New Multi-Phase Data Centre Complex to Accommodate Growing Commercial Demand

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2015) - Uniserve Communications Corporation (TSX VENTURE:USS) (the "Company") is pleased to announce that it has completed the first phase of its new multi-phase, 9,000 square foot data centre expansion, located just outside the downtown Vancouver core.

The first phase, which is already 75% occupied, is the start of a build out of 88 Racks in a 9,000 square foot facility. Uniserve will support and supervise data centre operations from an onsite 24/7 network operations centre providing customers with peace of mind and operational assurances. The data centre represents Uniserve's commitment to expanding customers' offerings of a single point of contact for data centre, ISP, Telecom and Managed Services offerings that are unparalleled in the industry.

Uniserve's data centre is unique in that the location is just outside of the downtown core, alleviating data traffic congestion concerns. The data centre has been designed with efficiency and capacity in mind to serve client demands. Uniserve chose in-row cooling and cold aisle containment which provides greater cooling efficiency as well as excess capacity to support N+1 operations. Building just outside of the Vancouver downtown core means ample protected power per rack allowing for greater density and the ability to handle more demanding customer requirements.

There is an industry trend to move away from server rooms internal to organizations into data centres and co-location facilities to satisfy business continuity and operational efficiencies. Uniserve is leveraging this momentum by capturing forward looking businesses offering reasonable pricing, excellent location, exceptional customer service and dedicated monitoring of their critical business processes.

The first phase of the data centre cost in excess of $1 million to implement, which has been funded by a commercial loan from a chartered bank in the amount of $650,000, termed over 5 years, at an interest rate of 4.2% per annum, and the balance by cash.

Also, the Company wishes to announce that Director and Chairman, Michael C. Scholz, acquired an additional 988,889 shares, increasing his control position in the Company to 32.5%.

Uniserve Communications Corporation (TSX VENTURE:USS) is an industry leader in the integration and delivery of voice, data and cloud computing services to businesses and retail consumers throughout Canada. For more information about Uniserve, its products and services please visit www.uniserve.com.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.

Michael C. Scholz, Chairman of the Board

For more information please contact us at invest@uniserve.com, or visit www.uniserve.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this News Release. Management has prepared this release and no regulatory authority has approved or disapproved the information contained herein. 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.

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