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County of Henrico Federal Credit Union Chooses ULTRADATA for Their Credit Union and Their Members.


PLEASANTON, Calif.--(BUSINESS WIRE)--Dec. 21, 1998--ULTRADATA Corp. (Nasdaq:ULTD ULTD Unlimited ) has been selected by County of Henrico Federal Credit Union in Richmond, Va., as their new data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a  partner.

With $42 million in assets and over 12,000 members, County of Henrico serves the employees of Henrico County and their families.

"State-of-the-art technology and superior customer service are the reasons for our choice. ULTRADATA's open system and flexibility will help make Henrico FCU FCU Federal Credit Union
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 ready for the financial services platform of the new millennium," stated Barbara Gendron, general manager of Henrico FCU. "We look forward to the coming year and adding new functionality for our credit union and our member-owners."

"County of Henrico FCU is a great addition to the ULTRADATA family and we are pleased to have them on board. We look forward to building a long-term relationship with Barbara and her team in serving the members of County of Henrico," 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. "As we progress in our growth phase, we continue to enjoy the momentum we have created and look forward to a strong year ahead."

County of Henrico has purchased ULTRADATA's advanced information management engine, ULTRAFIS(R), along with ULTRADATA's entire suite of Financial Services Platform (FSP FSP - File Service Protocol ) information management modules including FSP - Front Office(TM), FSP - Collections(TM) and the 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.

In addition, they have purchased Ultra-Access(R) remote banking products (PC browser banking including bill payment and Ultra-Voice(TM) telephone banking), Ultra-Link(TM) online ATMs and online debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , Shared Branch Issuer and the OnBase(R) Electronic Document Management System.

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 (FSP) suite of information management modules and the Ultra-Access suite of remote banking products.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 22, 1998
Words:313
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