PowerComm to Acquire Unified Systems Group Inc.

    EDMONTON, June 5 /CNW/ - PowerComm Inc. (PCG:TSX) today announced that it
has entered into an agreement to acquire Unified Systems Group Inc. of
Calgary. Terms of the transaction were not disclosed as there is a period of
Due Diligence, and the transaction is expected to close in early August. The
transaction is subject to the approval of the Board of PowerComm Inc. and
regulatory approval.
    Founded in 1991, Unified Systems Group Inc. is a provider of "Structured
Cabling" to commercial and industrial users throughout Alberta. It is
headquartered in Calgary and has offices in Edmonton and Fort McMurray as
well. Its structured cabling includes the supply and installation of
integrated data, voice, and video cabling systems for a broad base of
commercial and industrial clients. It is a certified provider for most of the
major manufacturers of cable products and is one of the few structured cabling
suppliers to hold "Certificate of Recognition" (COR) with the Alberta
Construction Safety Association.
    The Structured Cabling market is estimated to be some $ 100 million in
Alberta in 2008 by industry sources, and continues to grow with the growth of
the Alberta economy. The company has a strong list of clients, many with long
term contracts for continued installation and maintenance and currently has a
market share approaching 15% of the Alberta market.
    "We are very pleased to be able to acquire a company with the reputation
and strong operating base of Unified Systems," said Wayne Rutherford,
PowerComm's President and CEO, "they are a leading player in a rapidly growing
market while establishing a strong compliment to our existing services offered
to our clients," he continued. "Unified has often worked with PowerComm and
other electrical contractors on sites and this acquisition allows us to offer
a more complete suite of services to our existing and future client base," he
    "By consolidating our group with a company of the strength and reputation
of PowerComm we are able to accelerate Unified's growth and create a very
strong team moving forward," said Glenn Boyd, President of Unified Systems.

    Reader Advisory

    The news release contains certain forward-looking statements, including
management's assessment of future plans and operations and capital
expenditures and the timing thereof, that involve substantial known and
unknown risks and uncertainties, certain of which are beyond PowerComm Inc.'s
control. Such risks and uncertainties include, without limitation, risks
associated with the Corporation's ability to market successfully to current
and new customers; supply and demand for PowerComm Inc.'s services and
products and industry activity levels; capital expenditure programs;
projections of commodity prices and costs; the Corporation's ability to obtain
material and equipment from suppliers; operating risk liability; expansion of
services and products by internal growth or acquisition; the Corporation's
ability to obtain additional financing on satisfactory terms; the impact of
general economic and industry conditions; changes in laws and regulations
(including the adoption of new environmental laws and regulations) and changes
in how they are interpreted and enforced; competitive conditions; the lack of
availability of qualified personnel or management; fluctuations in foreign
exchange or interest rates, stock market volatility; and obtaining required
approvals of regulatory authorities. PowerComm Inc.'s actual results,
performance or achievements could differ materially from those expressed in,
or implied by, these forward-looking statements and, accordingly, no
assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them do so,
what benefits, including the amount of proceeds, that PowerComm Inc. will
derive therefrom. Readers are cautioned that the foregoing list of factors is
not exhaustive. All subsequent forward-looking statements, whether written or
oral, attributable to PowerComm Inc. or persons acting on its behalf are
expressly qualified in their entirety by these cautionary statements.
Furthermore, the forward-looking statements contained in this news release are
made as of the date of this news release and PowerComm Inc. does not undertake
any obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by applicable securities laws.

For further information:

For further information: Wayne R. Rutherford, President and Chief
Executive Officer, or J.D. Snowdon, Executive Vice President Corporate
Services, at (780) 465-7038, or at info@powercomm.ca.

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