Chairman of Universal Communication Systems, Inc. to Receive Community Award; Mayor of Miami Beach Will Grant ``Key of Miami Beach'' at Hard Disc Cafe's Grand Opening.Business Editors MIAMI--(BUSINESS WIRE)--April 22, 2002 Universal Communication Systems Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :UCSI UCSI University College Sedaya International (Kuala Lumpur, Malaysia) UCSI Unione Cattolica della Stampa Italiana (Catholic Union of Italian Press) UCSI Underwater Crime Scene Investigation ), announced today that City of Miami Beach Miami Beach, city (1990 pop. 92,639), Dade co., SE Fla., on an island between Biscayne Bay and the Atlantic Ocean; inc. 1915. It is connected to Miami by four causeways. officials have confirmed that Michael J. Zwebner, the Chairman of the Company and the President of its subsidiary, Hard Disc Cafe, Inc. will receive the prestigious award known as "The Key of Miami Beach." The award will be presented at the official opening ceremony for the Hard Disc Cafe, April 23rd, at 3 P.M., by the Mayor of Miami Beach, the Honorable David Dermer. A large representation of city and state officials are expected to attend the ceremony, accompanied by press and media coverage. About Universal Communication Systems, Inc. Universal Communication Systems, Inc. and its subsidiaries have been engaged in activities related to advanced wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , including the acquisition of radio-frequency spectrum Noun 1. radio-frequency spectrum - the entire spectrum of electromagnetic frequencies used for communications; includes frequencies used for radio and radar and television radio spectrum spectrum - an ordered array of the components of an emission or wave internationally. The Company also owns a U.S. patent on a Distributed Wireless Call Processing In telecommunication, the term call processing has the following meanings:
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 Statements in this press release that are not historical including statements regarding Universal Communication Systems, Inc. or management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of 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, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. It is important to note that the Company's actual results could differ materially from those in any forward-looking statements. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Factors that could cause actual results to differ materially from forward looking statements are listed from time to time in the Company's SEC reports, including but not limited to, the annual report on form 10-KSB for the year ended September 30, 2001 and the quarterly report on form 10-QSB for the period ended December 31, 2001. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. |
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