UniTek Global Services, Inc. Further Extends Forbearance and Agrees With Lenders to Amend Term Credit Agreement

UniTek Global Services, Inc. Further Extends Forbearance and Agrees With
Lenders to Amend Term Credit Agreement

Lenders Agree to Waive All Existing Defaults and to Revise Loan Covenants

BLUE BELL, Pa., July 18, 2013 (GLOBE NEWSWIRE) -- UniTek Global Services, Inc.
("UniTek" or the "Company") (Nasdaq:UNTK), a premier provider of permanently
outsourced infrastructure services to the telecommunications, broadband cable,
wireless, transportation, public safety and satellite television industries,
today announced that it has entered into a further amendment (the "Forbearance
Amendment") to its previously-disclosed Forbearance Agreement with the
Company's lenders under its Term Credit Agreement (the "Term Lenders"), and
that it has also agreed with the Term Lenders to negotiate definitive loan
documentation and enter into amendments to the Term Credit Agreement to waive
existing defaults and revise loan covenants.

The standstill period contained in the original April 30, 2013 Forbearance
Agreement has been further extended, through July 26, 2013. The Company and
the Term Lenders have agreed to prepare and execute, prior to that date, an
amendment to the Term Credit Agreement (the "Term Amendment") upon terms and
conditions set forth in a term sheet attached to the Forbearance
Amendment.The Term Amendment will contain a waiver by the Term Lenders of all
existing defaults and will also include revised financial covenants. The
amended term loans will continue to mature in 2018 and will bear monthly
interest payable in cash at a rate equal either to LIBOR (with a 1.5% floor)
plus 9.50% or the prime rate plus 8.50%, plus, in either case, an amount to be
added to the principal balance of the term loan at an annual rate equal to
4.0% of the outstanding balance. The lenders will receive warrants,
exercisable at $0.01 per share, for shares of the Company's common stock equal
to 19.9% of the shares outstanding prior to the date of the Term
Amendment.The lenders will receive a waiver and amendment fee, to be added to
the principal balance of the term loan, equal to 2.0% of the outstanding loan
balance, of which 0.50% has accrued upon the signing of the Forbearance
Amendment.

The term loan is prepayable by the Company at any time without penalty.The
Term Amendment is subject to customary closing conditions.

"We appreciate that our Term Lenders are willing to work with us and continue
to support our Company," said Rocky Romanella, Chief Executive Officer of
UniTek Global Services. "This agreement represents another important step in
our efforts to return the focus of the entire organization to executing our
growth strategy. We have made significant progress on our financing issues and
will continue to work toward the completion of our audit and the remaining key
initiatives."

About UniTek Global Services

UniTek Global Services is a provider of engineering, construction management
and installation fulfillment services to companies specializing in the
telecommunications, broadband cable, wireless, two-way radio, transportation,
public safety and satellite industries. UniTek has created a scalable
operating platform, enabling each UniTek subsidiary to deliver quality
services to its Fortune 200 customers. www.unitekglobalservices.com.

Forward-Looking Statements

The statements in this press release that are not historical fact are
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements include statements concerning
plans, objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than statements of
historical facts, including but not limited to statements regarding the
Company's plans to finalize the Term Amendment and to file historical
financial results, including restatements of previously issued financial
statements. These statements are subject to uncertainties and risks including,
but not limited to, operating performance, general financial, economic, and
political conditions affecting the Company's business and its target
industries, the ability of the Company to perform its obligations under its
contracts and agreements with customers and other risks contained in reports
filed by the Company with the Securities and Exchange Commission, including in
our Form 10-K for the year ended December 31, 2011. The words "may," "could,"
"should," "would," "believe," "are confident," "anticipate," "estimate,"
"expect," "intend," "plan," "aspire," and similar expressions are intended to
identify forward-looking statements. All such statements are made in good
faith by the Company pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. The Company does not undertake to
update any forward looking statement, whether written or oral, which may be
made from time to time by or on behalf of the Company, except as may be
required by applicable law or regulations.

CONTACT: The Piacente Group | Investor Relations
         Lee Roth
         (212) 481-2050
         unitek@tpg-ir.com
 
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