Business News

E-Ticketing Available to All Ultitek Customers


Ultitek, Ltd.

2008-04-01 04:00:00

E-Ticketing Available to All Ultitek Customers

ENGLEWOOD CLIFFS, NJ–( EMWNews – April 1, 2008) – Ultitek Ltd. (OTCBB: UITK) is pleased

to announce that it’s wholly owned subsidiary, TAIS, is offering

E-Ticketing capability to all its customers. This includes reservation

centers as well as domestic and international airlines.

“We expect all our customers to take advantage of this capability which

should increase revenues for our customers and Ultitek,” said Roman Price,

Chairman and 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.


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: [email protected]

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