Ultitek Ltd. to Start Development of "Frequent Flyer" Program for Use by Their Client Airlines

Market Wire, October, 2005

Ultitek Ltd. (OTC: UITK) announced today that they plan to develop a customizable software package to allow their client airlines to offer a "Frequent Flyer" program. The development of this software package, which will be integrated with Ultitek's current reservation system, will begin in the next 60 to 90 days.

"We are excited about adding this new feature to our main reservation system software. Many of our client airlines have shown interest in offering this type of incentive to their frequent flying customers and we will soon be able to customize our system to whatever parameters they establish," stated Roman Price, CEO of Ultitek Ltd.

About Ultitek Ltd.

Ultitek, Ltd.'s wholly owned subsidiary TAIS has been a provider of Computerized Airline Reservations Systems software (CRS) since 1989. Today Ultitek, Ltd. is the leader among reservations systems in the Russian Aviation market. In 2003, nine million passengers of 60 airlines were serviced by it, which consisted of more than 50% of the transport of passengers performed on domestic scheduled flights of carriers in Russia and the countries of the C.I.S.

Safe Harbor

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

Contact: Big Apple Consulting USA, Inc. for Ultitek, Ltd. Matt Maguire 407-884-0444 1-866-THE-APPLE URL: www.ultitek.com