SOURCE: Ultitek Ltd.

April 24, 2008 07:00 ET

Ultitek's Departure Control System (DCS) Software Certified for SITA CUTE

ENGLEWOOD CLIFFS, NJ--(Marketwire - April 24, 2008) - Ultitek Ltd. (OTCBB: UITK) is pleased to announce that its Departure Control System (DCS) has been certified to integrate with SITA CUTE. DCS is a module of Regina airline system developed by TAIS, Ultitek's wholly owned subsidiary. SITA is a service provider of IT business solutions and communication services to the air transport industry. SITA's CUTE (Common Use Terminal Equipment) offers Java-based, end-to-end IP connectivity from host to the airport desktop that provides airlines with access to their own systems on an industry open platform. The integration is to begin this summer for one or two airports that are serviced by TAIS and the schedule of integration for all airports serviced by TAIS should be completed by the end of the year.

"We always try to make things more efficient for our customers. This is the latest example. This development should increase traffic flow for our customers as well as have a positive impact on our revenues," said Roman Price, CEO.

About Ultitek Ltd.

Through its wholly owned subsidiary, TAIS, Ultitek Ltd. has been a provider of Computerized Airline Reservations Systems software (CRS) since 1989. Today, Ultitek Ltd. is the leader among reservations systems in the Russian Aviation market. In 2003, nine million passengers of 60 airlines were serviced by it, which consisted of more than 50% of the transport of passengers performed on domestic scheduled flights of carriers in Russia and the countries of the C.I.S.

SAFE HARBOR: The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. The matters described in these forward-looking statements are based upon assumptions that are subject to significant known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond Ultitek's control. Ultitek faces many risks that could cause its actual performance to differ materially from the results predicted by its forward-looking statements. Although Ultitek believes that the expectations reflected in forward-looking statements are reasonable, because of those risks, Ultitek's actual results, performance or achievements may differ materially from the results, performance or achievements contemplated by its forward-looking statements. Accordingly, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. The information set forth in this news release represents management's current expectations and intentions. Ultitek assumes no responsibility to issue updates to the forward-looking matters discussed in this news release.

Contact Information

  • Contact:
    Ernest J. Sabato
    Ultitek Ltd.
    560 Sylvan Avenue
    Englewood Cliffs, New Jersey 07632
    Telephone: 1-201-541-1700 or 1-888-ULTITEK
    Fax: 1-201-541-1778
    Email address: ejs@ultitek.com
    http://www.ultitek.com