Ashland Inc Employees Credit Union Expands Their Technology Focus With ULTRADATA.PLEASANTON, Calif.--(BUSINESS WIRE)--April 7, 1999--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 Ashland Inc Employees Credit Union in Ashland, Kentucky Ashland is a city located in Boyd County, Kentucky, USA, nestled along the banks of the Ohio River. The population was 21,981 at the 2000 census. Ashland is a part of the Huntington-Ashland, WV-KY-OH, Metropolitan Statistical Area (MSA). as their new technology partner. With $90 million in assets and 14,000 members, the Ashland Inc ECU serves the employees of Ashland Inc., subsidiaries and affiliates, and former subsidiaries and affiliates which are spread throughout the country. "The advanced architecture of ULTRADATA's information management solution is the most advanced Windows implementation we have seen. This coupled with the success and functionality of their remote banking products will allow us to better serve remote members and be key to our future expansion," stated Gary Weatherholt, President of the Ashland Inc ECU. "We are delighted to welcome the Ashland Inc ECU to the ULTRADATA family and we are excited to assist them in their expansion efforts. We look forward to a long and successful partnership together," stated Robert J. Majteles, 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 ULTRADATA. "We are really pleased to have gotten off to such a strong start in what is typically a very slow first quarter." The Ashland Inc ECU has purchased our advanced information management engine, ULTRAFIS(R), along with FSP FSP - File Service Protocol - Front Office(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 (TM) (Automated Loan Processing System), FSP - Collections(TM), the OnBase(R) Electronic Document Management System and remote banking products including Ultra-Access(R) Browser Banking and Ultra-Voice(TM) telephone banking. ULTRADATA provides information management solutions for relationship-oriented financial institutions. The Company has in excess of 430 customers. The Company develops, markets and supports the ULTRAFIS advanced information management engine, the Financial Services Platform (FSP) suite of information management modules and the Ultra-Access suite of remote banking products. |
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