November 29, 2006 at 09:25 AM EST
UC Hub Group Announces Signing of Formal Agreement with Native Americans in Alaska for Environmental Systems
LOS ANGELES, Nov. 29, 2006 (PRIME NEWSWIRE) -- UC Hub Group, Incorporated, (OTCBB:UCHB), is pleased to announce that its subsidiary, DCL Environmental Systems Inc, has signed a contract with Native American groups in Alaska. DCL Environmental has completed arrangements to acquire 49% of Tsimshian Environmental Systems, in exchange for the licensing rights to the DCL proprietary software and wastewater treatment system. Tsimshian Environmental Systems is a company formed by the Metlakatla Community, located on the Annette Island Reserve in Southeastern Alaska. Although the majority of its population is Tsimshian, Metlakatla is also home to many individuals with diverse tribal affiliations such as Tingit, Haida, Aleut, Yupik and other Alaskan Native peoples.
The goal of Tsimshian Environmental is to provide necessary wastewater treatment services to remote areas of Alaska. DCL will provide software, systems, training and infrastructure to the company, allowing the creation of needed jobs and revenues for the region, while providing present and future environmental enhancements and solutions. The Company's headquarters will be based on Annette Island, Metlakatla, Alaska, and it is expected to begin its first operational system in first quarter, 2007. DCL anticipates budgets for these new automated systems will be in the seven figure range depending on complexity and location and size. DCL anticipates that they will assist Tsimshian Environmental with 1 to 5 systems over the first year. This unique strategic relationship may provide the opportunity for other business deals including and not limited to Digital City Applications. DCL Environmental Systems is now poised to assist communities with toxic environmental issues in a proactive digital and de-centralized package. The environmental rewards to the region combined with economic efficiencies and digital distribution should define a new rural solution that has been successful in very strict regulatory environments like the State of Idaho and Montana. Larry Wilcox, the CEO of UC Hub Group Inc. states that this is another key pillar in defining a digital city and digital environmental solutions. Claude Smith, the President of DCL Environmental Systems Inc, states the Company has proven the system and concept with the EPA and 8 cities thus far, and will now aggressively provide interested parties with a complete and economic package. Claude states, the next 12 months will be a definable growth period for DCL Environmental Systems Inc and our team is excited about being part of the Digital City vision.
About UC Hub:
UC Hub Group Inc., (OTCBB:UCHB) is a digital distributor of electronic services to businesses and municipalities. Presently, UC Hub Group offers municipal government software (OT2.com); communication services through Three-Inc.com. UC Hub also has the right to resell a virtual banking platform through eSAFE a subsidiary of PSPP The value consists of proprietary technology, strategic relationships, leveraged digital distribution capability, existing customers, and a one-stop-shop to run a "Digital City" and its transactional based electronic services. A "Digital City" will potentially have many of the important sectors (the neural network comprised of Banking, Government, Communications, Health, Environment, Education and Entertainment,) available for connection to a Digital Access Hub
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to implement eSAFE on a national scale, the future market price of UCHB common stock and UC Hub's ability to obtain the necessary financing.
CONTACT: UC Hub Group, Inc. John Wilcox, CEO (702) 991-2059 firstname.lastname@example.org
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here