Canada's Minister of Finance and CEO of Universe2U Address the Federation of Canadian Municipalities Conference ``Power of Connections''.

Business Editors

RICHMOND HILL, Ontario--(BUSINESS WIRE)--June 6, 2000

The Honourable Paul Martin, Canada's Minister of Finance and Kim Allen, CEO of Universe2U (OTCBB:UTOU) Inc. yesterday addressed 1,200 municipal leaders at the Federation of Canadian Municipalities (FCM) at the closing luncheon of FCM's 63 annual conference.

Earlier in the day, The Right Honourable Jean Chretien, The Prime Minister of Canada addressed the delegates about the value contribution that municipalities make to the quality of life of Canadians. Mr. Chretien outlined 5 objectives for municipalities and telecommunications and fiber optics was one of the key elements for municipal leaders.

Mr. Allen, CEO of Universe2U, presented the conference with his views of the challenges facing municipalities for ensuring businesses and citizens with access to high quality telecommunication services. "Today, municipalities are facing the challenge of providing Bandwidth to the People! Many will argue that content is king, however, the real issue in the new digital world is content delivery. For communities this means providing access. Traditional telecom service providers are being forced to find new strategies and new markets. The exploding demand for digital data is creating a new world of telecom, one with many competitors. As a result, communities will have to select their strategic partners carefully to ensure that a superior infrastructure is built to deliver these services," says Allen.

Universe2U is highly qualified to act on behalf of each municipality and act as the friendly, responsive telecom service provider for all carriers. The company:

-- Facilitates speedy connections for all carriers and content

providers and enables them to quickly expand their business;

-- Provides carriers with a seamless solution to cross the

community;

-- Facilitates private networks;

-- Reduces operating costs within a community;

-- Provides the municipality "value-added" return as the landlord

of the infrastructure; and

-- Manages the municipality's infrastructure "access" problems

without need for additional staff.

The Federation of Canadian Municipalities (www.fcm.ca) has been the national voice of municipal governments since 1937. FCM is dedicated to improving the quality of life in all communities by promoting strong, effective and accountable municipal government. FCM membership includes Canada's largest cities, small and urban communities, and all 18 major provincial and territorial municipal associations.

Universe2U (www.universe2u.com) is a profitable and rapidly growing provider of advanced fiber optic solutions that enable corporations, government organizations, and entire communities to gain high-speed access to the Internet, telecommunications, and other data networks. With a strong reputation in the marketplace as top experts in the design, engineering, construction, and maintenance of long-haul, regional, and last-mile fiber optic networks, Universe2U is well positioned as demand for greater bandwidth continues to escalate throughout North America. Universe2U is comprised of four wholly-owned operating units and is profitably pursuing the business on two levels: (1) through ongoing contracts to design, build, and market fiber optic networks for major telephone and cable television companies; and, (2) as a pioneer in developing "Smart Community" networks in partnership with local governments, institutions, businesses, and utilities--a high-growth opportunity.

Statements in this release which are not historical facts are "forward looking statements" and "safe harbor statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties outside of the reasonable control of the Company and therefore actual results may differ from the expected outcomes.