SOURCE: Urban Communications Inc.

Urban Communications Inc.

March 02, 2015 10:03 ET

Urban Communications Inc. Announces New Appointment to Board of Directors

VANCOUVER, BC--(Marketwired - March 02, 2015) - Urban Communications Inc. (TSX VENTURE: UBN) today announces that Richard Earle, a highly successful telecom, technology executive has been appointed as an independent director to the Company's board. Additionally, John A. Farlinger, Urban's CEO, has been appointed chairman of the board of directors, replacing Leslie E. Maerov, effective immediately. Mr. Maerov will remain on the Company's board as a director.

Richard Earle is CEO of Interwork Technologies Inc., a leading North American distributor of IT security solutions, and a partner in Sea Change Ventures Inc. Mr. Earle has over 20 years of experience in the technology and telecommunications industries. Currently, Richard also serves on the boards of a number of reputable private and publicly-listed technology companies, including Sea Change Corporation, B2B2C Internet Haute Vitesse, UM Labs Limited, and Complections College of Make-Up Art & Design. He holds an Honours Degree in Electrical Engineering from McGill University.

"Richard has extensive experience in the ISP sector, going back two decades. As founding CEO of iPass Inc., a long-standing board member of B2B2C.ca and former CEO of wireless access provider iRoam Mobile Solutions, Richard really understands the industry and the opportunity. I am delighted to be able to bring the benefits of his experience to Urban's board of directors," said John A. Farlinger, CEO of Urban Communications Inc. "On behalf of the board, I would like to express our appreciation to Les Maerov for his dedication, lengthy service and contribution as chairman of Urban. Les's foresight in identifying an opportunity to install and build such a significant fibre network from the inception of the Company to date has granted us a major competitive edge among current internet service providers in British Columbia and will be a critical factor in our growth plan."

Richard Earle said, "John has assembled a team of highly-qualified professionals with an excellent track record in our industry. I look forward to working with Urban's management team and board of directors to grow the Company and generate more value to shareholders going forward."

ABOUT URBAN COMMUNICATIONS INC.

Urban Communications Inc. (TSX VENTURE: UBN), through its operating subsidiaries, is a telecommunications company providing a full suite of Internet, voice, video and broadband application products over its state-of-the-art carrier grade fibre optic network to commercial, residential and public sector customers. The Company's fibre optic network covers 200 km across metro Vancouver and Victoria and has a potential serviceable market of 850,000 residential units and 80,000 commercial enterprises. Urban Communications has recently launched high-speed internet service to residential and commercial subscribers on its network at 1,000 mbps (1Gbps).

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