More on the UEC take over / buyout scenario., page-9

Media Release At least they try.........

MEDIA RELEASE 29-May-2002

Queensland University of Technology launches pioneering Gigabit network link with Uecomm

BRISBANE, Australia - 29th May, 2002, Queensland Minister for Innovation and Information Economy, Paul
Lucas launched Queensland University of Technology's (QUT) self-managed gigabit network link yesterday
saying the link was a first for Queensland universities and a model for future initiatives.

Queensland University of Technology will provide students and staff with the same capability to access
applications regardless of location using technology provided by Uecomm.

Minister Lucas said, "Self-managing this link has placed QUT in control of its own destiny while at the same
time providing the potential for collaboration between the University and a wide range of research
facilities, local industry partners and urban developments".

The link was launched at QUT's Kelvin Grove (KG) campus with the Minister, QUT's Vice-Chancellor, and
Uecomm's CEO all emphasising the opportunities the new link presents.

QUT's Vice-Chancellor, Professor Dennis Gibson said, "The new link connects our two city based campuses
at more than ten times the speed of its predecessor and opens up the Kelvin Grove campus to a physical
and virtual environment conducive to research, innovation and entrepreneurship".

The innovative move to self-manage the network link will ensure sustainable growth in network capacity
as the need for high-end connectivity grows with the developing Creative Industries precinct.

Uecomm CEO, Peter McGrath, said, "It is very satisfying to work with a customer who has a strong vision.
It is more satisfying when the customer's vision closely aligns with your own. We specialise in providing
direct fibre and broadband data solutions and we have been delivering commercial Gigabit Ethernet
services for two years. QUT has demonstrated its leadership in networking innovation and I congratulate
them on being at the forefront".

Since 1999 Uecomm has rolled out 430 kilometres of optical fibre in Queensland and is Australia's second
largest provider of metropolitan fibre.


IT leaders from across the private and public sector attended the launch and discussed the opportunities
with QUT's IT leaders afterwards. ENDS




Further information contact:
Brendan Park
Uecomm Limited
Products and Marketing Director
Phone: 03 9921 4130
E-Mail: [email protected]


About Uecomm

Uecomm is Australia's only specialist provider of fibre based broadband data services, providing services
at speeds of up to 2 Gigabits per second. The company is focussed on delivering services to corporate
and government customers and to service providers with more than 740 customer services connected.

Uecomm owns and operates approximately 1,900 kms of fibre and offers services covering the CBD and
metropolitan areas of Melbourne, Sydney, Brisbane, Adelaide, Perth and the Gold Coast.

Uecomm listed on the Australian Stock Exchange on 11 September 2000 and has approximately 20,000,
predominantly Australian shareholders. United Energy Limited maintains a 66% shareholding in the
Company.