SOURCE: Wall Street News Alert

Wall Street News Alert

August 10, 2007 09:43 ET

Wall Street News Alert: Stocks on the Move for Friday: UITK! August 10, 2007

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

WESTON, FL--(Marketwire - August 10, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Ultitek Ltd. (OTCBB: UITK), EchoStar Communications Corporation (NASDAQ: DISH), Borland Software Corporation (NASDAQ: BORL) and Sapient (NASDAQ: SAPE).

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 its Departure Control System (DCS) in the Cherepovets Airport, Russian Federation. Cherepovets is a very important airport in the Russian Federation, it services the city with one of the world's largest metallurgical plants.

The company has also begun preliminary preparations with "Severstal Airlines," based in the city of Cherepovets, with a view to install Ultitek's e-ticketing module for that airline. "Severstal Airline" initiates many of its flights from Cherepovets."We are gratified that more and more companies recognize and appreciate our technical expertise. We are confident we will continue to exert more influence in the airline industry," said Roman Price, CEO.

The company also announced this week that TAIS has designed a new state-of-the-art website for Air Union. The new website provides not only a new look, but a suite of new functions that will stand out against our competition. Founded in 2004, Air Union is an alliance of five Russian airlines, Kras Air, Omskavia, Samara Airlines, Domodedovo Airlines and Sibaviatrans. According to the press release, the carriers operate a fleet of over 100 aircraft, carried approximately 3.2 million passengers last year and reported turnover of around EUR 573 million in the same period.

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 installed "Regina" DCS at the "Kurumoch" Airport in Samara,
    Russia for use by the Air Union Alliance.
--  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 Thursday at Twenty cents a share.

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit, where you may also sign up to receive free email alerts in advance of our press releases being issued.

EchoStar Communications Corporation (NASDAQ: DISH) down 3.8% on 5.1 million shares traded.

EchoStar Communications Corporation has been a leader for more than 26 years in satellite TV equipment sales and support worldwide. The Company's DISH Network(tm) is the fastest-growing pay-TV provider in the country since 2000 and currently serves more than 13.4 million satellite TV customers.

Borland Software Corporation (NASDAQ: BORL) up 1% on 3.6 million shares traded.

Borland is the leading vendor of Open Application Lifecycle Management (ALM) solutions -- open to customers' processes, tools and platforms -- providing the flexibility to manage, measure and improve the software delivery process.

Sapient (NASDAQ: SAPE) down 1.9% on 3.3 million shares traded.

Sapient, a global services firm, helps clients compete, evolve and grow in an increasingly complex marketplace. We operate two groups -- Sapient Interactive and Sapient Consulting -- positioned at the intersection of marketing, business and technology.

Market Commentary:

"In other economic news, the Labor Department reported that there was a rise in state unemployment filings for the second straight week ending August 4. In housing, new and existing home sales will continue to lag, according to economist Lawrence Yun. The National Association of Realtors predict that sales will be below the 2006 level of 6.48 million units," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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