Business Services Industry

Universal Communication Systems, Inc. Signs ''Memorandum of Understanding'' with L.E. Filters Ltda., of Sao Paulo Brazil to Manufacture New Wave of Airwater Machines for the South American Markets

Business Wire, July 2, 2003

Business Editors

MIAMI--(BUSINESS WIRE)--July 2, 2003

Airwater Machines to Be Produced and Distributed

in South American Market

Universal Communication Systems Inc. (OTCBB:UCSY), company chairman Michael J. Zwebner announced today that the company has signed a "Memorandum of Understanding" with a Brazilian company, L.E. Filters Limitada, to manufacture the new wave of AirWater Machines in Sao Paulo, Brazil.

Michael Zwebner stated: "In line with our global plans, we are pleased to have been introduced to L.E. Filters Limitada, a company that manufactures a unique water filtration machine, and is perfectly suited to manufacture and assemble the New Wave Line of AirWater machines in Brazil. We expect that the market for AirWater machines in South America will be huge, and Sao Paulo is a great city in which to do business. In addition to manufacturing the machines locally, we plan to set up our South American marketing, sales and distribution center there, and will supply the locally manufactured AirWater units to distributors in Brazil as well as in the neighboring countries of Argentina, Chile, Peru, Paraguay and Uruguay."

L.E Filters Limitada currently manufactures a water purification system called "AcquaPura Magnum", a machine that utilizes a unique Magnetic Water Purification method. These compact and well-designed machines are currently being sold in Brazil and are also being exported to Europe.

AirWater Corporation has now designed a New Wave Line of ultra-modern AirWater machines, details of which will shortly be released.

About Universal Communication Systems Inc.

For full detailed information on UCSY, please visit the company's web site at: http://www.ucsy.com/

About AirWater Corporation

For full detailed information on AirWater Corporation, please visit the company's web site at: http://www.airwatercorp.com/

Safe Harbor: 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.

COPYRIGHT 2003 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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