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February 10, 1999

COMPANY RESULT: ULTRADATA CORP

By CBR Staff Writer

Ultradata Corp, the Pleasanton, California producer of information management systems for financial institutions, has reported fourth quarter net profits of $588,000 up from a loss of $395,000 on revenues up 3% at $7.3m; net profits for the year to December 31 were $1.2m up from losses of $3.4m on revenues that rose 5.6% to $30.7m. Net earnings per share were $0.07 in the quarter and $0.15 in the year.

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