UC Asset Received Local Media Coverage and Announced Annual Meeting

UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, claims that it has received a remarkable level of media coverage from local newspapers in the past weeks due to the company’s mortgage partnership program aimed at small business owners with commercial properties struggling financially due to COVID-19 hardship.

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Atlanta Voice and Atlanta Business Chronicle coverage on UC Asset Mortgage partnership (Photo: Business Wire)

A sponsored content article featuring UC Asset’s newest mortgage partnership program was printed in the Atlanta Business Chronicle, which is widely regarded as the most prominent business newspaper in metro Atlanta area. The story showed in the newspaper’s real estate section on print. It is also available through Atlanta Business Chronicles online service (https://www.bizjournals.com/atlanta/news/2020/07/20/commercial-property-owners-suffering-covid-19-disr.html).

A similar story about UC Asset was printed on the August 7 edition of The Atlanta Voice, which, according to the newspaper itself, is the largest audited African American community newspaper in Georgia with over 600 distribution locations throughout the Atlanta metropolitan area. This story is also available online (https://www.theatlantavoice.com/articles/uc-asset-offers-pandemic-mortgage-option-for-commercial-property-owners/).

Different versions of coverage have been published on a number of local news platforms.

“The exposure of our new business strategy will likely help us to reach more potential clients and partners.” Says Greg Bankston, UC Asset’s managing partner, “We are pleased that our efforts have been noticed by our local media community.”

On a separate note, the management of UC Asset announces that it will hold its annual shareholder meeting on September 9, 2020. The Record Date is set at August 21. Shareholders on record by the end of trading hours of the Record Date will be eligible for the meeting. Investors who are not shareholders may apply to the management for special admission into the meeting.

Per the regulation environment of UC Asset, no proxy statement will be filed. There will be no matters subject to shareholder voting on the annual meeting.

About UC Asset LP

UC Asset LP is a limited partnership formed for the purpose of investing in real estate for development and redevelopment, concentrating in metropolitan areas of Atlanta, GA and Dallas, TX. For more information about UC Asset, please visit: www.ucasset.com

Disclaimer:

This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.

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