SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 10, 2004
ULTRADATA SYSTEMS, INCORPORATED
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(Exact name of Registrant as Specified in its Charter)
Delaware 0-25380 43-1401158
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(State of Incorporation) (Commission File (IRS Employer
Number) Identification No.)
1240 Dielmann Industrial Court, St. Louis, MO 63132
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(Address of principal executive offices)
(314) 997-2250
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Registrant's Telephone Number
Item 5. Other Events and Required FD Disclosure
On May 10, 2004 Ultradata issued a press release containing the Web
address to be used to access an online interview by Ultradata's Chief
Executive Officer.
EXHIBITS
99. Press release dated May 10, 2004.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ULTRADATA SYSTEMS, INCORPORATED
Dated: May 10, 2004 By:/s/ Monte Ross
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Monte Ross
Chief Executive Officer
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EXHIBIT 99
FOR IMMEDIATE RELEASE
AT THE COMPANY:
Ernest Clarke
President
(314) 997-2250
Ultradata Systems CEO Interviewed on WallSt.net Web Site
St. Louis, Missouri May 10, 2004 - Ultradata Systems, Inc. (OTC Bulletin
Board:ULTR.OB), said today that an interview with Monte Ross, chairman and
CEO, will be available on the Web site of Wallst.net for two weeks beginning
today.
In the interview, Mr. Ross explains Ultradata's recent significant improvement
in financial results and discusses the market for the company's hand-held
electronic road travel information systems. Ultradata's sales were up a total
of more than 400 percent in the fourth quarter of 2003 and the first quarter
of 2004, and earnings for the six-month period were $957,000, compared with a
loss of $1.4 million for the comparable period a year ago.
The interview can be accessed at www.wallst.net.
Ultradata Systems, Incorporated is a leader in the field of hand-held
electronic information systems. Based in St. Louis, Missouri, the Company
develops, manufactures and markets hand-held travel information computers,
global positioning system (GPS) products and information systems used for
locating destinations and trip planning. The Company's lead product, the
handheld electronic travel information guide, has sold more than three
million units and is marketed through major distributors to retail chains,
cable TV direct marketers, credit-card insert marketers, premium incentive
catalogs, and other channels. These products use the Company's patented
data-compression technology and proprietary database to provide directions
to thousands of destinations and services along highways and in major
metropolitan areas.
The WallSt.net interview contains forward-looking statements within the
meaning of applicable federal securities laws. The company undertakes no
obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or other changes.
Readers are cautioned not to place undue reliance on these forward-looking
statements. Risk factors that may cause future results to differ from those
implied in these forward-looking statements include, but are not limited to,
the fact that our limited financial resources may be insufficient to permit
us to develop products and introduce them to the market, the fact that we
rely on a small number of customers so that the loss of a significant
customer could imperil the marketing of an entire product line, and the
difficulty of attracting mass-market retailers to a seasonal product like
the Talking Road WhizTM. Additional information relating to historical
financial and operational performance, the company's strategies, competitive
risks, and market conditions are available in Ultradata Systems' reports on
Form 10KSB and 10QSB on file with the Securities and Exchange Commission.
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