Uniserve Announces Termination of Letter of Intent

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

About Uniserve

Uniserve Communications Corporation is a 2018 TSX Venture top 50 performance company.

Uniserve is a unified communications company which has been in business for 30 years, combining managed IT, voice, data and media services all into one seamless solution, one bill and one point of contact.

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.

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 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 a number of factors.