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weo1998

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Re: cosmoworld7 post# 121

Thursday, 06/08/2006 5:10:17 PM

Thursday, June 08, 2006 5:10:17 PM

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UDTA -- Ultradata Systems, Incorporated
Com (1 Cent)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Ultradata Systems Retires Golden Gate Investors Convertible Debenture

ST. LOUIS, Jun 08, 2006 (BUSINESS WIRE) -- Ultradata Systems, Inc. (OTC BB: UDTA.OB) today announced that it has paid off its debt to Golden Gate Investors (GGI) incurred in February 2005 in a convertible debenture transaction. This action is in accordance with the agreements announced June 5, 2006, as part of the restructuring of the Company disclosed at that time in a filing on Form 8-K and in the accompanying press release.
SOURCE: Ultradata Systems, Inc.



CONTACT: Ultradata Systems, Inc.
Ernest Clarke, 314-997-2250



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