VANCOUVER, British Columbia, April 17, 2018 (GLOBE NEWSWIRE) -- Uniserve Communications Corporation (the
“Company”) (TSX-V:USS) is pleased to announce that Mr. Daniel Frydenlund has agreed to join its Board of Directors as an
independent Director of the Company.
Mr. Hashim Mitha, who has served on the Board for over four years and was critical in the Company’s prior
restructuring, will be resigning as a Director, but will remain as the President and Chief Operating Officer. The Company thanks
Mr. Mitha for his services on the Board.
Mr. Frydenlund who is the Chairman and CEO of StageFund, a private equity firm, has led seed stage investing
through IPO’s as a financial and operating executive for over 25 years, having raised debt and equity capital exceeding $1 Billion.
Mr. Frydenlund lived in Europe for many years after first working abroad in South America in 1995 and building what later
became assets of Nextel International.
He has operating experience in the US, Europe, Asia and Latin America and is comfortable working with all levels
of management, investors and political advisors in developing countries.
One of Mr. Frydenlund's many experiences was as SVP and Chief Financial Officer of Hostmark LTD, London England,
a Sturm Group Portfolio Company. It was Europe’s largest Data Center operator at the time, and Mr. Frydenlund was brought in
by The Sturm Group to drive change, restructure and exit. He managed the restructuring and sale to WorldPort Communications
based in Dublin, Ireland in less than 13 months.
He graduated from The University of Rhode Island, with a BS in Accounting and Finance.
About Uniserve
Uniserve is a unified communications company which has been in existence for 30 years, combining voice, data and
media all into one seamless solution, one bill and one point of contact in Canada, spread across 13,000 customers serving the
Residential / Small Office / Home office and Enterprise markets. The Company resells diverse metropolitan networks across Canada
from the incumbents, and provides a rich service of enhancements, with a mixed product portfolio wrapped around connectivity.
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.
Michael C. Scholz
Chairman of the Board
For more information please contact Mr. Mark Stanton at 604-395-3908 or email us at mark.stanton@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 several factors.
