Happy Holidays to All the Shareholders, Customers, and Business Associates of Universal Communication Systems, Inc.
MIAMI, FL -- 12/24/2004 -- The Directors, Management and Employees of UCSY (OTC BB: UCSY), Air Water Corp, Millennium Electric TOU, Ltd., and Solar Style, Inc. extend our heartiest best wishes to all our Shareholders, Customers and Business Associates for a very happy holiday season and for a happy, healthy and very prosperous New Year 2005.
A Message from the Chairman:
"As this December and the year 2004 come to an end, we find ourselves just over a year into our new businesses, and I am pleased to report the year as one of outstanding achievement. Despite many unforeseen obstacles, and stops and starts, we have made dramatic progress in all segments of our company’s activities.
"In Air Water Corp, we have completed many months of R&D, manufactured new models of water-generating machines, and have received product approvals from numerous Governmental authorities worldwide, as well as have had the water samples tested and approved as sanitary and safe for use in Australia, Singapore, China, India, Sri Lanka, France, USA, Turkey and other countries worldwide. Sales have commenced, and product samples have been shipped and received in over 30 countries. Our key sales people continue to work to develop markets in key continents, and we expect to see rapid growth in sales in the forthcoming year.
"In Millennium Electric TOU Limited, we have seen the year start with immense problems, including a worldwide shortage of Solar Cells, a key ingredient in the manufacture of PV Solar Panels / Modules, yet we have been able to get key market share in Germany. The company has continued to develop new processes, has completed key installations in Greece, Israel and other countries and continues to develop sales. Millennium has also received continuing support and recognition within the European Commission as one of the leading companies developing cutting edge technologies and systems to further enhance PV Solar Systems and their global applications.
"Solar Style, Inc. has just announced the launch of its unique new range of Solar Chargers. It is a complete range of consumer products that offers complete independence of grid power, to allow the ’On The Go’ charging of Cell phones, PDAs, Walkmans, Discmans and Laptops.
"The company will shortly commence major distribution of the products in Canada and North America working with one of the leading consumer electronics distribution companies.
"And our main holding company, Universal Communications Systems, Inc., has come through the year with major successes in the litigation with Electric Gas Technologies Inc., of Texas, that had threatened the very life and existence of the company. In July this year, the company also filed a $300 million law suit against LYCOS Inc., for Breach of Contract as well as other claims and charges. The litigation is currently in discovery phase, and continues to evolve at the time of going to press. The company will continue to take whatever legal action necessary to protect its business, as well as its reputation.
"In addition, the company has made dramatic progress in reducing debt. Most of our historic ’loans’ inherited from the days of WLGS, have been either paid off or equitized, and this has greatly improved our overall balance sheet. Even though our new business segments are still in infancy, we have successfully raised substantial funds, and have managed to secure the financial base of the company for its future commercial activities.
"In all, 2004 has been a year of building infrastructure, perfecting products and processes, and developing the various business models as well as the execution of plans for a strong growth in the future. We sincerely hope and believe that the coming year will be one in which we will see the company flourish, and bear and deliver the fruits of our efforts.
Thank you for being with us,
G-D bless us all,
Chairman and CEO
Universal Communication Systems Inc"
About Universal Communication Systems, Inc.
For further detailed information, visit our web address: http://www.ucsy.com
About AirWater Corporation
For further detailed information, visit our web address: http://www.airwatercorp.com
About Millennium Electric TOU Limited
For further detailed information, visit our web address: http://www.millennium-electric-inc.com
Caution Concerning Forward-Looking Statements by Universal Communication Systems, Inc. This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and factors affecting the integration of the businesses of Universal Communication Systems, Inc. More detailed information about these factors may be found in filings by Universal Communication Systems, Inc. with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Universal Communication Systems, Inc. is under no obligation to, and expressly disclaim any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.
- Contact Information
- Rolando Sablon
- Universal Communication Systems, Inc.
- Contact via E-mail
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