Road Whiz Makes Triumphant Return to QVC In November
9 July 1999
Road Whiz Makes Triumphant Return to QVC In NovemberST. LOUIS--July 8, 1999--Ultradata Systems announced today that its Ultra Road Whiz hand-held unit, a new advancement in the Road Whiz technology, will be a special promotion on QVC in November. This triumphant return comes one year after its Road Whiz sell-out of 90,000 units in one day.
Monte Ross, President, said "QVC continues to be very successful in marketing our handheld travel computers and this November broadcast represents our largest retail order to date, which shows continued confidence in our travel computer products. This product has additional value to make it more attractive to the consumer including where the nearest trauma center is from the user's present road location. We look forward to another solid success. We appreciate the support we have received from QVC."
Ultradata develops, manufactures, and markets portable travel computers used for locating destinations and trip planning. The Ultra Road Whiz is the newest in a family of hand-held electronic navigational and location devices that uses 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.
Ultradata also designs, manufactures and markets Global Positioning Satellite (GPS) navigation systems for the auto-aftermarket and is completing TravelStar 24, a portable 12 volt auto GPS unit with routing capability and audible output which will retail for less than $300. The company recently announced that it has increased its equity stake in Talon Research & Development, Ltd. to 25%. Talon is a New Zealand-based manufacturer of GPS receivers and marine electronics. Ultradata also recently announced that it has been awarded a patent on combining GPS and radar detector technology to enable unique features not otherwise possible, including prevention of false radar detection alarms, and is in discussions with radar detector companies to offer a combined GPS/radar detector product.
This press release may contain 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 include but are not limited to consumer acceptance of new products; the ability to secure contracts for the Road Whiz and other electronic devices discussed in this release. Additional information relating to historical financial and operational performance, the company's strategies, competitive risks, and market conditions are available in Ultradata's reports on Form 10KSB and 10QSB on file with the Securities and Exchange Commission.