Ulticom (ULCM) Receives 'Wells Notice'

March 25, 2008 5:17 PM EDT

In Today's 8-K Filing From Ulticom (OTC: ULCM): On March 20, 2008, Ulticom, Inc. received a "Wells Notice" from the Securities and Exchange Commission (the "SEC") in connection with the previously disclosed, still-ongoing investigation by the SEC's Division of Enforcement (the "Staff" or the "Division"). The Staff's Wells Notice provides the Company with notification that the Division has made a preliminary
determination to recommend to the SEC that the agency bring a civil action against the Company for possible violations of the federal securities laws arising from certain historical stock option grant practices and certain historical accounting practices not related to stock options. These matters were
the subject of a previously disclosed investigation by the Audit Committee of the Company's Board of Directors. The Audit Committee will consider this information as it continues to work on finalizing its report and recommendations to the Company's Board of Directors.

Ulticom, Inc. (Ulticom), together with its subsidiary, is a provider of service enabling signaling software for fixed, mobile, and Internet communications. [SM]

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