UBS announces resignation of director



    TORONTO, Sept. 4 /CNW/ - Unique Broadband Systems, Inc. (TSX Venture:
UBS) today announced that Peter Minaki has resigned from the Board of
Directors of the Company. Mr. Minaki had served on the Board since 2002.
    "Peter has been instrumental in assisting the Board over the years on
matters related to spectrum development and on behalf of the Board and all the
shareholders, I would like to thank Peter for his contribution to the Company
and we wish him all the best for the future," said Gerald McGoey, Chairman and
CEO of the Company.

    
    About Unique Broadband Systems, Inc.
    ------------------------------------
    UBS is a publicly listed Canadian company that has a 51.8% fully diluted
economic interest in Look Communications Inc. and other assets. With its
licensed spectrum through its subsidiary, Look, UBS is a Canadian digital
television broadcaster and broadband wireless service provider. The Company's
website may be found at www.uniquebroadband.com.

    Forward looking statements
    --------------------------
    
    The corporate information contained in this release includes
forward-looking statements regarding future events and the future performance
of the Company that involve risks and uncertainties that could cause actual
results to differ materially. Assumptions used in the preparation of such
information, although considered reasonable by the Company at the time of
preparation, may prove to be incorrect. The actual results achieved may vary
from the information provided herein and the variations may be material.
Consequently, there is no representation by the Company that actual results
achieved will be the same in whole or in part as those forecasts.

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

    %SEDAR: 00010550E




For further information:

For further information: Peter Block, E-mail:
irinfo@uniquebroadband.com, (647) 259-3284

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Unique Broadband Systems, Inc.

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