Vancouver, BC: December 1, 2025  – TheNewswire - Uniserve Communications Corporation (the “Company” or “Uniserve”) (TSXV: USS), a provider of managed IT, ISP, cloud, and data centre services, is pleased to announce the appointment of Gautam Lohia as Chairman of the Board, effective immediately following the Company’s Annual General Meeting held November 24, 2025. Mr. Lohia brings a distinguished record of leadership across capital markets, infrastructure investment and strategic corporate governance, and ...

Core Points - Uniserve Communications Corporation held its Annual General Meeting on November 24, 2025, where significant votes were cast regarding company governance and financial matters [1] - A total of 34,849,556 common shares are issued and outstanding, with 21 shareholders representing 45.79% of the total shares voting [2] - The number of directors to be elected was set at eight, with the reappointment of seven existing directors and the addition of Steven Maxwell [3][4] - The company's auditors were reappointed, ensuring continuity in financial oversight [5] - The Stock Option Plan received overwhelming shareholder approval, with 98.94% voting in favor [6] Company Overview - Uniserve provides IT solutions, including Data Centre Solutions, Managed IT Services, and Business Internet, operating from Vancouver, Calgary, and Waterloo [7]

  Vancouver, BC – TheNewswire - November 20, 2025  – Uniserve Communications Corporation (the “Company” or “Uniserve”) (TSXV: USS), a provider of managed IT, ISP, cloud, and data centre services, is pleased to announce that it has entered into definitive binding agreements (the “Transaction”) to acquire all of the business, assets and undertaking of Megawire Inc. (“Megawire”).  Megawire is a full-service Managed IT services provider. It services all of Ontario and the rest of Canada and the US virtually. T ...

Core Insights - Uniserve Communications Corporation has entered into a Memorandum of Understanding with Railtown AI Technologies to develop scalable AI solutions for small and medium-sized enterprises (SMEs) [1][3] - The partnership aims to leverage Uniserve's existing infrastructure and customer base to deliver practical AI applications, enhancing efficiency and competitiveness for SMEs [2][3] Partnership Overview - The collaboration combines Uniserve's services in Data Centre infrastructure, ISP infrastructure, and Managed IT Services, supporting around 3,000 SME customers [2] - Railtown's AI tools will enable Uniserve's customers to implement modernization strategies and meet the rising demand for cost-effective AI solutions [2][3] Market Opportunity - SMEs represent over 90% of Canadian businesses, indicating a significant market opportunity for AI solutions [3] - The partnership is positioned to deliver rapidly deployable AI solutions, such as workflow automation and predictive analytics, to enhance operational efficiency for SMEs [3] Revenue Growth Potential - Uniserve plans to develop and host AI applications, GPUs, and customized cloud solutions, leading to new revenue streams and continued growth [4] - The implementation of agentic AI applications internally aims to improve operational efficiencies, particularly in managed service provider help desk operations [5] Strategic Rationale - The partnership with Railtown allows Uniserve to expand its service offerings and strengthen its position in the Canadian IT services market [7] - The existing network of SME customers provides a strong foundation for deploying AI solutions [7] Leadership Comments - Kwin Grauer, Chairman and Interim CEO of Uniserve, emphasized the partnership's role in delivering AI-enabled solutions to SMEs and increasing GPU compute capacity [8] - Cory Brandolini, CEO of Railtown, highlighted the collaboration's potential to enhance accessibility to AI technologies for SMEs and drive innovation in Canada's AI ecosystem [8]

Financial Performance - Revenues for fiscal 2025 were $6,972K, an increase from $6,439K in the prior fiscal year, representing a growth of approximately 8.3% [1][2] - The operating loss for fiscal 2025 was $1,681K, compared to an operating loss of $239K in the previous year, indicating a significant increase in losses [1][2] - The net loss for fiscal 2025 was $1,899K, up from a net loss of $191K in the prior fiscal year, reflecting a substantial deterioration in financial performance [1][2] Cost Structure - Cost of revenues increased to $3,864K in fiscal 2025 from $3,493K in fiscal 2024, marking a rise of approximately 10.6% [2] - Total expenses for fiscal 2025 were $4,789K, compared to $3,186K in fiscal 2024, indicating a year-over-year increase of about 50.3% [2] - Significant increases were noted in operations and service delivery expenses, which rose to $3,265K from $2,427K, and amortization of intangible assets, which increased to $79K from $26K [2] Company Overview - Uniserve Communications Corporation provides IT solutions and services to both business and residential customers in Canada [3] - The company operates in three core verticals: Data Centre Solutions, Managed IT Services, and Business Internet, with a focus on delivering secure and reliable IT solutions [3]

Core Viewpoint - Uniserve Communications Corporation has entered into a Letter of Intent to acquire an Ontario-based Managed Service Provider, enhancing its service offerings and expanding its operations in eastern Canada [1][2]. Group 1: Acquisition Details - The acquisition is expected to bring approximately CAD $5.5 million in top-line sales and an expected EBITDA of CAD $1.5 million, providing a solid platform for scaling operations in Ontario [2]. - The total purchase price for the transaction is expected to be CAD $6,500,000, with payments structured as follows: CAD $2,500,000 in cash, CAD $2,000,000 in common shares at no less than CAD $0.60 per share, and CAD $2,000,000 via a 50% convertible note [3]. - The convertible note will have varying conversion prices over three years, starting at CAD $0.75 per share in the first year [3]. Group 2: Transaction Conditions - The transaction is subject to the execution of a definitive agreement within 30 days, further due diligence, and approvals from the Company's Board of Directors and the TSX Venture Exchange [4]. - The Company will not assume any long-term debt of the MSP, and the MSP and its shareholders are arm's length to the Company [3]. Group 3: Company Overview - Uniserve provides IT solutions and technology services across Canada, focusing on Data Centre Solutions, Managed IT Services, and Business Internet [5]. - The Company aims to support Canadian businesses in their digital transformations by enhancing its bandwidth and infrastructure capabilities [2].

Group 1 - Uniserve Communications Corporation has signed a 16-month contract with a data centre consultant to explore the feasibility of building a 2MW data facility in Vancouver [1] - This initiative aims to enhance Uniserve's ability to service its existing customer base and tap into the growing AI market [1] - The contract reflects the company's commitment to investing in its platform and delivering critical infrastructure solutions for Canadian businesses [2] Group 2 - Uniserve provides a full suite of IT solutions across three core verticals: Data Centre Solutions, Managed IT Services, and Business Internet [2] - The company emphasizes secure, reliable, and customized IT solutions that ensure maximum uptime, security, and scalability for its clients [2]

Core Points - Uniserve Communications Corporation has successfully closed a non-brokered private placement, raising gross proceeds of $1,800,000 by issuing 6,000,000 units at a price of $0.30 per unit [1] - Each unit consists of one common share and one-half of a transferable share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.40 for one year [1] - The securities issued will be subject to a hold period expiring on November 19, 2025, in accordance with applicable securities laws [2] Insider Participation - Notable insider purchases include Michael C. Scholz acquiring 1,500,000 units, Kwin Grauer purchasing 100,000 units, and other directors and the CFO also participating in the offering [3] - The insider transactions are classified as "related party transactions" under Multilateral Instrument 61-101, with exemptions from formal valuation and minority approval requirements [3] Company Overview - Uniserve provides IT solutions and services across Canada, focusing on Data Centre Solutions, Managed IT Services, and Business Internet [4] - The company operates offices in Vancouver, Calgary, and Waterloo, emphasizing secure, reliable, and customized IT solutions [4]