Urban Communications Inc.

Urban Communications Inc.

April 18, 2007 15:02 ET

Urban Communications Inc. Extends Its Fibre Optic Network on Trans-Canada Highway

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 18, 2007) - Urban Communications Inc. (TSX VENTURE:UBN) announces that it has entered into a long term duct access agreement with the British Columbia Ministry of Transportation and has completed a 22 km. extension of its fibre optic network in Ministry ducts on Trans-Canada Highway 1 from Cassiar Street in Vancouver, across the Port Mann Bridge, to 160th Street in Surrey.

The network extension is provisioned with 36 strategic breakout points that provide wide access to the populated sectors of Surrey, Burnaby, Coquitlam and New Westminster. These breakout points were engineered into the network design in order to enable future extensions to those communities, facilitate significant capital cost savings and enable Urban to connect new customers more quickly and efficiently.

Urban has begun a roll out of fibre based broadband Internet and VoIP telephony services to multi-tenanted buildings served by its network and will add Video on Demand and IPTV services later this year. Completion of the Ministry of Transportation extension accelerates Urban's ability to deploy services to a broader concentration of customers.

About Urban Communications Inc.

Urban Communications Inc., through its operating subsidiaries, is a full service telecommunications company providing a range of next generation IP application services to residential and commercial clients in British Columbia. The company's services include developing and operating leased fibre optic networks, engineering design and construction of advanced telecommunications systems to facilitate delivery of video, telephone and broadband Internet services, outside plant and maintenance of the networks plus product sales. Urban Communications is a telecommunications integration company providing end-to-end, turnkey services to meet the demands of its diverse, national telecommunications customers who require the full scope of fibre, cable and wireless technical services. Urban can deliver cost effective media rich solutions via state-of-the-art enterprise class infrastructure designed to reach both residential and business consumers.

On behalf of the Board of Directors

Leslie E. Maerov, President and CEO

Except for historical information contained herein, the statements in this news release contain or may contain forward-looking statements, such as statements regarding Urban Communications Inc.'s future growth and profitability, growth strategy and anticipated trends in the industries in which Urban Communications Inc. operates. These forward-looking statements are based on Urban Communications Inc.'s current expectations and are subject to a number of risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from results expressed or implied in any forward-looking statements made by Urban Communications Inc. in this news release. These risks and uncertainties include, among other things, raising significant investment capital, locating and retaining senior technical and financial expertise, customer loyalty, demand for services, market competition and other risks detailed in documents filed with the TSX Venture Exchange or British Columbia Securities Commission. Urban Communications Inc. does not undertake any obligation to revise these forward-looking statements to reflect future events or circumstances.

Shares issued: 22,240,063

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

Contact Information

  • Urban Communications Inc. contact:
    Leslie E. Maerov
    President and CEO
    (604) 439-8545
    Email: lemaerov@ubn.ca
    Urban Communications Inc.
    Nancy Massicotte
    Investor Relations contact:
    (604) 507-3377
    Email: nancy@ubn.ca
    Website: www.ubn.ca