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UTR Provides Web based Software and Services to Ford Motor Company of Canada.

Oakville, Ontario -- January 1, 2004 - UTR, the leader in financial telemanagement solutions, signs landmark agreement to provide web based FTS software and services to Ford Motor Company of Canada.

UTR will be providing a complete physical inventory of Ford's Canadian premises to collect information all telecommunications assets and ownership. With this information and audited vendor bills, UTR will create an asset repository within FTS linking all information together for the inventory management, service order provisioning and vendor bill reconciliation and processing.

Contact Patrick Connolly for further information at pconnolly@utrglobal.com or 201-567-6060.

About UTR - UTR is the market leader of management solutions and software for the corporate telecommunications and IT environment. For more information on UTR, please visit www.utrglobal.com.