Advantage Federal Credit Union Selects ULTRADATA as Their Technology Partner.PLEASANTON, Calif.--(BUSINESS WIRE)--July 20, 1998--ULTRADATA Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ULTD ULTD Unlimited ) has been selected by Advantage Federal Credit Union in Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or , as their data processing technology partner. With $52 million in assets and over 15,000 members, Advantage has served employees of the education and health care communities in Rochester since 1931. "ULTRADATA's state-of-the-art technology and strong customer support capabilities will assist us in forwarding our commitment to enhanced member services and future credit union growth," stated Charlene Kaforey, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Advantage. "We are excited to be moving into the next millennium with a partner so well-prepared for the Year 2000." "Advantage is a great addition to the ULTRADATA family. We look forward to a long-term relationship with Charlene and her team in helping the credit union serve the members of Advantage," stated Robert J. Majteles, President and CEO of ULTRADATA. "It is gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to continue to see our great relationships with our existing customers, our outstanding products and services, our Year 2000 preparedness and our business plan generate new customers. This is an exciting time for us -- we are working hard to keep the momentum going." Along with our core information processing engine, ULTRAFIS(R), Advantage has purchased ULTRADATA's entire suite of products including the Financial Services Platform and related information management modules including FSP FSP - File Service Protocol - Front Office(TM), FSP - Collections(TM); FSP - ALPS Alps, great mountain system of S central Europe, c.500 mi (800 km) long and c.100 mi (160 km) wide, curving in a great arc from the Riviera coast on the Mediterranean Sea, along the borders of N Italy and adjacent regions of SE France, Switzerland, SW Germany, and (Automated Loan Processing System) and Ultra-Access(R) remote banking products including browser-based banking and Ultra-Voice(TM) telephone banking. ULTRADATA provides information management solutions for relationship-oriented financial institutions. The Company has in excess of 425 customers. The Company develops, markets and supports the ULTRAFIS advanced information management engine, the Financial Services Platform suite of information management modules and the Ultra-Access suite of remote banking products.
CONTACT: ULTRADATA Corp.
Jan Wilgus, 800/365-3356 ext. 2418
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