Kure Technologies Inc V.KUR.H

this is it.....news release...huhh!!!!

[ice148]

Plaintree Solicits Proxies to Appoint Board of Unique Broadband Systems, Inc. OTTAWA, Canada, March 12 /CNW/ - Plaintree Systems Inc. (Plaintree) (TSE: LAN, OTC BB: LANPF), a developer and manufacturer of Free Space Optical (FSO) wireless products, today issued a dissident information circular (Plaintree Circular) to solicit proxies for the purpose of electing Plaintree's nominees to the board of directors (UBS Board) of Unique Broadband Systems, Inc. (UBS) at the annual meeting of shareholders of UBS scheduled to be held in Toronto on March 18, 2002 (UBS Annual Meeting). The slate of directors proposed by Plaintree is set out in the Plaintree Circular and is: a) independent of the litigation between the current board and former UBS CEO, Alex Dolgonos; b) independent of any connection to Mr. Dolgonos; and c) completely independent of the board proposed by the Committee for Concerned Shareholders group, widely believed to be associated with Mr. Dolgonos. A copy of the Plaintree Circular has been sent to all registered shareholders of UBS and is also available upon request from the Investor Relations department of Plaintree by telephone at 274-7979 in Ottawa and 1-888-831-8300 elsewhere, by email at [e-mail] or alternatively through the internet at www.plaintree.com. "We would like to see an independent Board at UBS that would consider a business relationship with Plaintree," said David Watson, President and CEO of Plaintree. "A relationship between Plaintree and UBS could be the lifeline that UBS needs to lift it above the myriad of radio frequency (RF) companies in the market. The benefits to Plaintree would be the addition of an RF back- up to our FSO system that would provide a communications system with the highest availabilities in the market place today. We could create a powerhouse company with a product that would be second to none," continued Watson. "This is a tremendous opportunity for both companies and it would give the UBS shareholders a chance to see value for their investment. It will also give UBS added exposure through Plaintree's access to The Toronto Stock Exchange (TSE) and the U.S. market through the over-the-counter bulletin board (OTC:BB). "With the looming deadline of March 18th, we want to provide every opportunity for UBS shareholders to read our circular and hear what we have to say before that date. We will also hold a conference call on Thursday, March 14, 2002 at 11:00 a.m. (Toronto time) to provide an overview and answer any questions on the Plaintree Circular. This is a real opportunity for shareholders to make their voice heard and vote on the future of UBS." The conference call will be held on Thursday, March 14, 2002 at 11:00 a.m. (Toronto time). The conference call number is 1-888-881-4892. If you are unable to attend the conference call at the scheduled time, you can access a recording of it by calling 1-877-289-8525, followed by the reservation number 178195#. About Plaintree Systems ----------------------- Ottawa-based, Plaintree Systems Inc. (www.plaintree.com), founded in 1988, develops and manufactures the WAVEBRIDGE series of Free Space Optical wireless links using Class 1, eye-safe LED (Light Emitting Diode) technology providing high-speed network connections for ISPs, traditional telcos, GSM or cellular operators, airports and campus networks. Acting as a replacement for cable, fiber or radio frequency systems, the WAVEBRIDGE links offer broadband access with no spectrum interference problems, and same day installation for rapid network deployment. Plaintree is publicly traded in Canada on the TSE and in the United States on the OTC:BB, with 90,221,869 shares outstanding. Plaintree maintains a world-wide web site at https://www.plaintree.com. This press release may include statements that are forward-looking and based on current expectations. The actual results of the company may differ materially from current expectations. The business of the company is subject to many risks and uncertainties, including changes in markets for the company's products, delays in product development and introduction to manufacturing and intense competition. For a more detailed discussion of the risks and uncertainties related to the company's business, please refer to documents filed by the company with the U.S. Securities and Exchange Commission and Canadian regulatory authorities, including the company's prospectus dated August 20, 2001. %SEDAR: 00001576E -30- For further information: Roxanne Doroszkiewicz, Plaintree Systems Inc., Tel: [phone], E-mail: [e-mail] PLAINTREE SYSTEMS IN