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April 16, 2008
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Ultitek Announces 26% Revenue Increase for Fiscal 2007
it filed its 10-KSB and the Company's revenues for the fiscal year 2007 were approximately $2,365,000 representing an increase of approximately twenty six percent (26%) compared to $1,871,000 reported in fiscal 2006. "2007 represents another record year for us. We expect an even more significant increase in 2008," said... |
April 8, 2008
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Ultitek Signs Formal Joint Cooperation Agreement With GDS Galileo
Ultitek Ltd. (OTCBB: UITK) is pleased to announce that its wholly owned subsidiary, TAIS, has signed a Reservation Sales Solution agreement with GDS Galileo. The RSS Interface implemented between TAIS's reservation system Sirena-2.3 and GDS Galileo provides full access to End Users of Sirena-2.3 to airlines all over the world for flights emanating from within former Soviet Union countries. Ultitek... |
April 3, 2008
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Ultitek, Ltd. Announces Airline Ticketing Capability Through ATMs
Ultitek, Ltd. (OTCBB: UITK) is pleased to announce that its wholly owned subsidiary, TAIS, through an agreement with one the largest travel agencies in Russia, has developed airline ticketing capability through ATMs. This development represents the first such capability in the airline industry. "It is nice to be first in software development, but it is better to offer a real service to our... |
April 1, 2008
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E-Ticketing Available to All Ultitek Customers
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... |
March 19, 2008
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Ultitek, Ltd. Successfully Installs IET (Interline E-Tickets) for Two More Airlines
Ultitek Ltd. (OTCBB: UITK) is pleased to announce that Atlasjet and Kavminvodyavia airlines have successfully completed testing and installation of the new IET links (Interline E-Ticket) with partner airlines. Using software (Sirena-2.3) developed by Ultitek's wholly owned subsidiary TAIS, Ultitek has added two more customers with the capability of generating e-tickets for code sharing flights.... | | |
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