Buyers United Changes Name to UCN, Inc.; Now Trading Under the New Symbol UCNN.DRAPER, Utah -- UCN UCN Universidad Católica del Norte (Chile) UCN University College of the North (The Pas, Manitoba, Candad) UCN Ultra Cold Neutron UCN Unión del Centro Nacional , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :UCNN) announced today that a corporate name change from Buyers United, Inc. to UCN, Inc. was approved at the June annual shareholders meeting and is effective July 15, 2004. The new trading symbol Trading symbol See: Ticker symbol for its common stock on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. is UCNN. The new corporate name was adopted to reflect the company's current product focus, developing and marketing on-demand, telephony contact handling and contact management software applications (inContact product line) delivered as a set of services over the company's national voice over IP (VoIP) network. UCN(TM) is changing the way mission critical applications are delivered and priced for the contact center marketplace, or for any business or department seeking to improve how it manages the productivity and quality of its customer contact opportunities. About UCN, Inc. For more information on the company's products and services visit the UCN web site at http://www.ucn.net. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a safe harbor for forward-looking information made on the Company's behalf. All statements, other than statements of historical facts which address the Company's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the Company, actual results may differ materially from the expectations expressed in the forward-looking statements. |
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