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ULE ProShares Ultra Euro

11.70
0.13 (1.12%)
After Hours
Last Updated: 21:59:49
Delayed by 15 minutes
Name Symbol Market Type
ProShares Ultra Euro AMEX:ULE AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.13 1.12% 11.70 11.70 11.60 11.66 6,795 21:59:49

Re Contract

11/11/2003 7:00am

UK Regulatory


RNS Number:9009R
Ultra Electronics Holdings PLC
11 November 2003


Embargoed until 0700 11 November 2003



                         Ultra Electronics Holdings plc

                        ("Ultra" or "Ultra Electronics")



          Ultra goes live with baggage reconciliation system at Heathrow



Ultra Electronics is pleased to announce the on-time installation and acceptance
of its UltraTrakTM baggage reconciliation and management system at London
Heathrow, the world's busiest international airport.  The contract, awarded to
Ultra Electronics Airport Systems (formerly FASL) in March 2003, will be worth
in excess of #10m over the first 5 years of service.



UltraTrakTM is a baggage reconciliation, tracking and management system that
automatically ensures hold baggage does not travel if its passenger fails to
board a flight.  The system not only enhances the security of departing flights
but also minimises departure delays resulting from 'no-show' passengers and
ensures that baggage is loaded onto the correct flight.  Ultra was selected by
the Airline Operators Committee (AOC) representing all 80 airlines that use the
airport.  The UltraTrakTM system at Heathrow will handle in excess of 20 million
bags per year.



David Parish, Chairman of the AOC Shared Systems Board, said:  "Ultra has
successfully met a huge challenge.  The team at Ultra Electronics Airport
Systems has replaced the existing baggage reconciliation system with UltraTrakTM
and its associated wireless network solution across Terminals One, Two and Three
within the required timescales and to the required quality of service."



Dr Julian Blogh, Chief Executive of Ultra, commented:  "Ultra has successfully
installed the largest and most complex baggage reconciliation system in the
world.  Ultra is a world-leading supplier of airport information management
solutions and is also supporting the continuing development of Heathrow by
supplying systems integration services for the new fifth terminal."



                                    - Ends -


Enquiries:
Ultra Electronics Holdings plc             020 8813 4300
Dr Julian Blogh, Chief Executive           www.ultra-electronics.com
                                           information@ultra-scs.com

Weber Shandwick Square Mile                020 7067 0700
Susan Ellis or Susanne Walker



NOTES TO EDITORS:

Ultra Electronics is a group of specialist businesses designing, manufacturing
and supporting electronic and electromechanical systems, sub-systems and
products for aircraft, ships, submarines, armoured vehicles, airports and
transport systems worldwide.  The Group, which employs 2,700 people in the UK
and North America, focuses on high integrity sensing, control, communication and
display systems with an emphasis on integrated Information Technology solutions.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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