Ultitek Ltd. (UITK.OB) is “One to Watch”
Ultitek has been providing Computerized Airline Reservations Systems software through its wholly owned subsidiary, and has serviced as many as nine million passengers of 60 different airlines in a single year. Many of the reservations systems that have survived today were developed in the 70’s using mainframe technology, which used to be the cutting-edge of programming and equipment solutions. Although the systems are functional and reliable, their disadvantages are many including high costs, an outdated user interface, and difficulty in modifying them to correspond with new market conditions. The company’s reservation system “Sirena-2.3” is the next generation solution built on…