Universal Tracking Solutions (OTCBB: UTRK) is pleased to announce that it has achieved 9 straight quarters of record revenues. Revenues grew 74% for the quarter ending 9-30-08 to $351,054 from $202,946 for the quarter ending 9-30-07. Revenues for the fist 9 months of 2008 are up 73% to $971,694 from $560,429 a year ago. Keith Tench, CEO of UTS, states, �The Company has done an excellent job with the limited resources we started out with. Our cash burn rate is extremely low and we expect to be profitable in 2009. Now that Universal Tracking Solutions is a publicly traded company, we feel our goals of growing at an exponential rate will be easier to achieve. We have spent the last two years positioning ourselves for the public markets and the Company is very excited to be trading on the bulletin boards as a fully reporting company. Our main objective is to reward our investors for their continued support and to attract new investors into what we believe is an excellent opportunity.� Please visit our website at www.universaltrackingsolutions.com to see more of our latest enhancements, investor relations information, and information about our company. This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. UTS is dedicated to increasing shareholder value and investor awareness. If you have any further questions or comments, we would be happy to speak with you further.
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