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Has added Ultralife Batteries Inc. to their watch list.

Publication: M2 Presswire
Publication Date: 29-FEB-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 February 2008-NASDAQNEWS: Has added Ultralife Batteries Inc. to their watch list(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:29022008

InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock related question, then why not ask 50,000 individual members? Are you a shareholder of Ultralife Batteries Inc. (NASDAQ:ULBI)? Join the many members engaged in this stock right now. Come see for yourself at www.investorim.com for your complimentary subscription.

Ultralife Batteries Inc. was up over $0.75 with above average volume mid day trading.

Thursday, February 28, 2008-- Ultralife reported revenue of $36.8 million for its fourth quarter of 2007, an increase of 22% compared with $30.1 million reported in the same three-month period in 2006. Operating loss for the quarter was $2.7 million compared with a loss of $1.5 million last year.

Revenue in the fourth quarter rose $6.7 million over the same quarter last year primarily due to higher sales of communications systems from the $24 million contract announced in September 2007 and the added contribution from RedBlack Communications (formerly Innovative Solutions Consulting) and Stationary Power Services,...

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