Latest Universal Systems Inc. Stories
Universal Systems, Inc. (PINKSHEETS: UVSS) is pleased to announce today that it has successfully signed a joint venture agreement with Atlas Monetary International Trust. The agreement encompasses several initiatives that are core to the Atlas mission. The first component of the agreement has been defined and awards to USI a contract for the design and production of a marine system for cleaning petroleum spills at the point of the spill. USI was selected by Atlas Trust for this joint...
Universal Systems, Inc. (PINKSHEETS: UVSS), announced today it has completed Alaska Phase I with great success. This work was completed under contract with the assistance of ITT of Huntsville Alabama. ITT is a major US Military Defense contractor. During this exercise Universal was able to recover several sizes of communication cable. Ranging from 1 1/2 to 3 inch. Approximately 35 miles of cable was surveyed and mapped, and made ready for recovery. The ocean portion of the recovery has...
An announcement has been made by Universal Systems, Inc. (USI) (PINKSHEETS: UVSS) that they have concluded the purchase of the Alaska Communication Submarine Cable. Prior to WWII this cable was laid under water by the United States Department of the Navy approximately 1/4 mile offshore along the continental shelf of the United States at depths between 6-30 fathoms. In 1956, this cable was abandoned from strategic use. The rights by contract to salvage and lift the abandoned cable and other...
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