Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Ultitek Ltd. (OTCBB: UITK). Mr. Dean comments, "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
To view the OTCPicks.com Company Profile for Ultitek Ltd., please visit: http://www.otcpicks.com/ultitek/ultitek.htm
About Ultitek Ltd.
Ultitek Ltd. (UITK) is a US-based provider of mission-critical transaction processing and information technology services to the global airline and travel industry. Through its wholly-owned Russian subsidiary, Transport Automation Information Systems (TAIS), UITK has been providing Computerized Reservations Systems (CRS), Global Distribution Systems (GDS), Departure Control System (DCS) and Airlines Operations Systems (AOS) since 1989. The Company also offers consulting and maintenance services to airports and provides reservation systems for theaters, circus performances, concerts and other events.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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