Alex Dolgonos Acquires Shares of Unique Broadband Systems, Inc.



    TORONTO, Dec. 17 /CNW/ - Alex Dolgonos ("Dolgonos") has announced that he
has acquired through a change in ownership, 8,500,000 Common Shares and
8,805,432 Class A Non-Voting Shares of Unique Broadband Systems, Inc. ("UBS")
from T.A. Holdings Inc. and 2,499,900 Class A Non-Voting Shares of UBS from
K.A. Holdings Inc. These 19,805,332 shares of UBS were then transferred by
Dolgonos to 2064818 Ontario Inc., a corporation wholly-owned by the Dolgonos
2005 Family Trust (the "Trust"). Dolgonos, as sole trustee of the Trust,
retains voting control over these shares. As a result of these transfers,
Dolgonos has control or direction over 24,159,755 shares and options for
common shares representing approximately 23.52% of the issued and outstanding
shares of UBS. Dolgonos has indirectly acquired the securities for investment
purposes only and may acquire additional securities or dispose of its
beneficial ownership, control or direction over securities as circumstances or
market conditions warrant or arise.

    
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               RESPONSIBILITY FOR THE ACCURACY OF THIS RELEASE.
    




For further information:

For further information: Alex Dolgonos, Tel: (905) 660-8100

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ALEXANDER DOLGONOS

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