USS:CC - Uniserve Announces Termination of Letter of Intent

(TheNewswire)

Vancouver, BC – TheNewswire - July 15, 2022 – Uniserve Communications Corporation (the “Company” or “Uniserve”) (TSXV:USS)wishes to announce that the Letter of Intent dated March 2, 2022 topurchase all of the issued and outstanding shares of a leadingVancouver area based Private Cloud Solutions provider as announced onApril 6, 2022, has terminated.  The parties continue to discuss apotential transaction in the future and will provide furtherupdates accordingly.

About Uniserve

Uniserve Communications Corporation is a 2018 TSXVenture top 50 performance company.

Uniserve is a unified communications company which hasbeen in business for 30 years, combining managed IT, voice, data andmedia services all into one seamless solution, one bill and one pointof contact.

This news release was prepared on behalf of the Boardof Directors, which accepts full responsibility for itscontents.

Learn more at www.uniserve.com orat www.sedar.com .

Kelly Walker

President and CEO

For more information please call 604-395-3961 or email corporate.relations@uniserveteam.com .

Neither TSX Venture Exchange nor its RegulationsServices Provider (as the term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release. Management has prepared this release and noregulatory authority has approved or disapproved the informationcontained herein. The statements contained in this news release thatare not historical facts are forward looking statements. Suchstatements are based on management’s estimates, assumptions andprojections using available information. Uniserve cautions that actualfinancial results could differ materially from the currentexpectations due to a number of factors.

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