USS Uniserve Communications Corporation

Uniserve Communications Corporation (the "Company") (TSX VENTURE:USS) announces
that, subject to the approval of the TSX Venture Exchange (the "Exchange") for
the shares for debt transaction, it will issue 1,190,710 Shares at a deemed
price of $0.10 per Share in settlement of outstanding debt in the amount of
$119,071 owed to certain creditors pursuant to debt settlement agreements dated
for reference May 31, 2012. The Shares are subject to a four-month hold period
under the policies of the Exchange. 


The Company further announces that it has granted incentive stock options to
employees of the Company to purchase up to 700,000 common shares in the capital
stock of the Company pursuant to its share option plan. The options are
exercisable on or before May 28, 2015 at a price of $0.10 per share. 


The Company further announces that, subject to all necessary regulatory
approvals, it has entered into a loan arrangement pursuant to which it will
borrow $360,000 (the "Loan") from a related party (the "Lender"). The loan is
secured against the assets of the Company, bears 15% per annum interest and is
governed by the terms and conditions of a loan agreement (the "Loan Agreement")
dated May 31, 2012 (the "Loan Date"). 


In accordance with the terms of the Loan Agreement, the Lender will lend
$360,000 to be repaid within 18 months following the Loan Date. The Company
intends to pay the loan from its operating cash flow. In consideration for the
Loan, the Company will issue to the Lender 1,500,000 non-transferable common
share purchase warrants (the "Warrants"), with each Warrant entitling the holder
to purchase one common share of the Company at the exercise price of $0.10 per
share for a period of 12 months from the date of issuance. The Warrants will be
subject to a four month hold period from the date they are issued. Funds from
the Loan will be used for general working capital. 


Uniserve Communications Corporation (TSX VENTURE:USS) is an industry leader in
the integration and delivery of voice and data services over multiple IP
networks directly or through wholesale partnerships to businesses and retail
consumers throughout Canada. Learn more at www.uniserve.com or at www.sedar.com.



This news release was prepared on behalf of the Board of Directors, which
accepts full responsibility for its contents.


Michael Schmidt, CEO 

Management has prepared this release and no regulatory authority has approved or
disapproved the information contained herein. The statements contained in this
news release that are not historical facts are forward looking statements. Such
statements are based on management's estimates, assumptions and projections
using available information. Uniserve cautions that actual financial results
could differ materially from the current expectations due to a number of
factors.

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