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| Press Release

Uniserve to launch Blockchain

VANCOUVER, British Columbia, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Uniserve Communications Corporation (the “Company”) is pleased to announce the launching of Blockchain – Infrastructure as a service. What cities and cryptocurrency have in common is that they both use the Blockchain algorithms and protocols to pass encrypted electronic handshakes across physical devices or services.

Incorporating Blockchain into the development of smart cities will make it possible to have a cross-cutting platform that connect a city’s different services, adding greater transparency and security to all processes. This new technology can improve government management, support urban planning, underpin the collaborative economy and contribute to sustainability policies, all within the framework of smart cities.

Currently more than 50% of the global population live in cities – a percentage that is expected to reach 67% in thirty years. Even though cities account for the bulk of most countries’ economies and wellbeing, they are also the focus of administrative, organizational, logistical, social and environmental problems.

Uniserve’s CEO Nicholas Jeffery, prior to joining the Company, was the lead for smart building and city practices at CBRE. He believes the best solution to these problems is through the development of smart cities, a concept he refers to using Information and Communication Technologies (ICT) in city administration and municipal services to improve all aspects; such as efficiency, security, the environment, citizen participation, the economy and more.  With the Blockchain Infrastructure already in place, the Company can now build, host and deploy the platform quickly through hosting in all three of their existing Canadian data centres in Vancouver, Calgary and Toronto.

The Company currently has one Cryptocurrency mining company hosted in its data centre infrastructure in Vancouver, and by offering its own Blockchain platform, it will now speed the time to market for others.

Bitcoin is the name of the best-known cryptocurrency, the one for which Blockchain technology was invented. Blockchain is a digital, decentralized ledger that keeps a record of all transactions that take place across peer-to-peer networks.

Uniserve CEO Nicholas Jeffery, said “Look at this as a left-brain / right brain scenario – we will be providing the infrastructure to buildings, cities and financial institutions – that’s business we are already in. We currently offer security and storage as a service.  Blockchain will be sold in the same way – Infrastructure as a service. By working with cities around the country, Uniserve will now be able to provide left and right brain solutions – both within the infrastructure already in place.  One side being traditional communications and one being embedded with Artificial Intelligence. We are the first to offer this solution as a service and we believe it will be a significant catalyst for significant growth.”

About Uniserve

Uniserve (TSX-V:USS) is a unified communications company delivering integrated voice, data and media services to over 13,000 customers within the residential, business to business and enterprise IT markets, with a 100% focus on Canada. 

The Company has been in existence for almost 28 years and has a client base across the three sectors selling directly and through the wholesale channel.

Recent acquisitions of Xanity Cloud and Glenbriar Technologies has given Uniserve a national presence and a Managed Services portfolio of storage, security, desktop and disaster recovery products for the Enterprise market.

Uniserve prides itself on delivering world class customer services. They believe when all else is equal you can trust their Company to offer highly competitive pricing and cutting-edge technology bundles, all underpinned by an exemplary customer service team based in Canada.

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

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

Michael C. Scholz
Chairman of the Board

For more information please contact Mr. Mark Stanton at 604-395-3908 or email us at mark.stanton@uniserveteam.com.

Neither TSX Venture Exchange nor its Regulations Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this 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 several factors.

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