E-Ticketing Available to All Ultitek Customers
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.
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