Universal Broadband Communications (UBC), a next generation telecommunications provider, has executed an Asset Purchase Agreement with uNetCommerce, Inc., a website design and hosting company located in Newport Beach, California.

Under the agreement, UBC will purchase certain assets and capabilities including, but not limited to, web site and hosting network equipment and software and uNetCommerce's distribution channel with over 500 active agents. Additionally, uNetCommerce's two main principles, Steve Tirella and Carlos Blanco, will join the UBC team to assist with integration and interoperability. Mr. Tirella joins UBC as marketing director and Carlos Blanco as sales director.

"Continuous improvement is a way of life for us," commented Mark Ellis, UBC CEO. "uNetCommerce was selected on the basis of its complementary value offered to our customers and the strength of their distribution channel. The key benefits are on many dimensions including marketing harmonization of their selling power of 500 new agents and technical competencies in the website design and hosting with our expertise in telecommunications. The combination of new products and opportunities for distribution that uNetCommerce brings will help drive new business, open new markets and enhance UBC's competitive advantage."

"The focus of these asset purchases crosses both horizontal offerings and vertical markets," commented Danny Lee, UBC Advisor and President of A. G. Spencer Corporation. "It adds a wide array of technologies that UBC can fully leverage to increase the effectiveness of its core telecommunications business while providing mission-critical website developmental tools for its customers. This serves to facilitate reduction of customer acquisition cost and retention of existing customers with value-added benefits through a continuum of services. It's where profits are realized and where UBC pulls ahead of the competition in a tough market."

ABOUT UNIVERSAL BROADBAND COMMUNICATIONS

Universal Broadband Communications, Inc. (UBC) is a publicly reporting California-based corporation, with headquarters in Irvine. UBC is a provider of next generation voice and data services to residential and enterprise markets worldwide. This highly aggressive provider offers a full range of services including switched and dedicated services, domestic and global calling cards, toll free international calling, wholesale carrier services, and phone and web conferencing.

ABOUT UNETCOMMERCE

uNetCommerce is a website design, hosting and complete e-commerce provider delivering one of the easiest and most powerful website building solutions on the Internet. The company and its development team have automated the ability for a user to quickly and easily create powerful, feature rich, professionally designed websites. uNetCommerce has incorporated state of the art features with styles, layout and graphics in addition to powerful functional management tools that every successful business needs for e-commerce. In a fraction of the time it once took, a user can now create a fully functional e-commerce website using any Internet access method. Compared to the traditional costs of web development, this service is simple and affordable. For more information, go to www.unetcommerce.com.

ABOUT A. G. SPENCER

A. G. Spencer Corp. (AGS) is a multifaceted consulting firm with two powerful divisions (consulting & commercial mortgage brokerage). The consulting division specializes in both private and OTCBB companies. AGS advisors have earned the title Entrepreneur-In-Residence. They are veteran turnaround executives with a broad base of experiences. They have learned the hard way and now they're leveraging those insights to help build robust businesses in virtually every marketplace. AGS is a major shareholder of GaeaCare Syndicate Partners Inc. (GaeaCare) and serves as its operational management. GaeaCare is a new California proactive environmental products and services corporation that intends to become a leading environmental cleanup, emergency response, and environmental remediation company by the use of new computer systems technology, sensor technology, communications technology, systems concepts and microbial environmental cleanup treatment to serve the homeland security and environmental industries. For more information, go to www.agspencer.com and for GaeaCare go to www.gaeacare.com/about.jpg.

For more information on UBC's service offerings call 866.360.4UBC or visit www.ubcom.com.