SOURCE: Wall Street News Alert

Wall Street News Alert

August 02, 2007 08:28 ET

Wall Street News Alert Issues Special Alert on UITK! August 2, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - August 2, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Ultitek Ltd. (OTCBB: UITK), Apple Inc. (NASDAQ: AAPL), JetBlue Airways (NASDAQ: JBLU) and, Inc. (NASDAQ: BIDU).

As the leader among reservations systems in the Russian Aviation Market, Ultitek Ltd. (OTCBB: UITK) should have investors monitoring the stock, as the company continues to garner the attention of airlines. Yesterday after the stock markets closed, the company, who through its wholly owned subsidiary, TAIS, has been a provider of Computerized Airline Reservations Systems software (CRS) since 1989, announced that TAIS has installed "Regina" DCS at the "Kurumoch" Airport in Samara, Russia for use by the Air Union Alliance. Regina is a full complement registration, check-in and departure control system (DCS). It interacts seamlessly with domestic and international flights as well as with other reservations systems.

"As new airports continue with installations of computerized DCS systems, Ultitek will continue expanding its capabilities in an already feature-rich system," said Roman Price, CEO.

Great news for the company, who over the past month has made several announcements which hint at a growing interest in Ultitek's technology! The announcements included the following:

--  TAIS has implemented E-Ticketing for "Yakutiya Airlines," and initial
    route covered is a round trip between the cities Yakutsk and Moscow.
    "Yakutiya Airlines" has 46 aircrafts and 10 on order; it services over 40
    cities domestically and internationally.
--  TAIS has come to terms with Tatarstan Airlines to provide airline
    distribution services to the airline, which has more than twenty aircraft
    and provides service to 30 domestic and some international cities.
--  TAIS has reached an agreement with Air Astana to provide distribution
    services to the airline. Air Astana is the national airline of Kazakhstan
    and has a modern fleet of 18 Boeing, Airbus and Fokker aircraft, and
    services 25 domestic and 18 international routes.
--  Ultitek's board of directors approved signing of the Letter Of Intent
    between Ukrainian Civil Aviation Computer Center (UCA CC) and Ultitek to
    enter into an agreement for licensing and operating a Computer Reservation
    System (CRS), Electronic Ticketing, Departure Control System (DCS) and
    other miscellaneous modules provided by Ultitek.

Continue to watch the company closely. 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.

Before the news was released, the stock closed Wednesday at Thirteen cents a share.

For an in-depth profile of Ultitek Ltd, visit

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Apple Inc. (NASDAQ: AAPL) up 2.4% on 62.5 million shares traded. Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

JetBlue Airways (NASDAQ: JBLU) down 52 % on 7.4 million shares traded. New York-based JetBlue Airways has created a new airline category based on value, service and style. Known for its award-winning service and free TV as much as its low fares, JetBlue is now pleased to offer customers the most legroom throughout coach (based on average fleet-wide seat pitch for U.S. airlines). JetBlue is also America's first and only airline to offer its own Customer Bill of Rights, with meaningful compensation for customers inconvenienced by service disruptions within JetBlue's control., Inc. (NASDAQ: BIDU) down 0.6% on 3.1 million shares traded., Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information.

Market Commentary:

"In other good news, consumer confidence in July rose according to the Confidence Board. Consumers were upbeat about their own finances and the economy. Falling gasoline prices helped as did the Labor Departments report regarding good employment and lay-off numbers," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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