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[zocku]

UltraCard China, Inc. a Wholly Owned Subsidiary of UltraCard, Inc. Receives Fifteen Million Dollar Purchase Order From Shanghai, China
SHANGHAI, China--(BUSINESS WIRE)--Nov. 27, 2001--UltraCard China, Inc., a wholly-owned subsidiary of UltraCard, Inc. (www.ultracard.com), whose parent company, Upgrade International (OTCBB:UPGD - news; www.upgd.com), is pleased to announce that it has successfully completed the UltraCard Technology Demonstration in Shanghai earlier this month.

Shanghai G-Pro Technology Co., Ltd., a procurement company for the Shanghai Government has issued a Purchase Order to implement a pilot program consisting of two million UltraCards(TM) and ten thousand UltraDrives(TM) (Reader/Writers). The Fifteen Million Dollar (US) Purchase Order is subject to delivery of the UltraCards(TM) and UltraDrives(TM), conforming to mutually agreeable specifications and will include the 5 1/4`` Half-Height UltraDrive(TM) with USB interface and triple-read capability. Delivery is expected to commence in the first quarter of 2002.

President of Shanghai G-Pro Technology Co., Ltd., Yang Yan says ``After attending the UltraCard technology demonstration in Shanghai we are prepared to move forward on the pilot program for the use of the UltraCard(TM) as an end to end solution for the Security Control System application.``

Dan Kehoe, Chairman and CEO of both UltraCard China, Inc. and UltraCard Inc., stated ``We have been working with Arthur Zheng, President and Oran Chang, Vice President of UltraCard China, Inc. for many months and are very confident that under their leadership, UltraCard China, Inc. will be a strong and reliable source for sales of UltraCards(TM) and UltraDrive(TM)reader/writers for many years.``

Daniel Bland, President of Upgrade International, stated, ``This Purchase Order marks the first implementation of the UltraCard(TM) as a revolutionary product in a Credit Card Format for use in a Security Application. I am very proud of the UltraCard team that developed the UltraCard(TM) and prepared the presentation and demonstration.``

About Upgrade

Upgrade International Corp. through its ownership interest in UltraCard Inc., Efornet Corp., and cQue Corporation is engaged in the development and commercialization of a patented ultra high-capacity portable data storage technology. UltraCard`s patented method for using existing hard disk storage technology provides both highly durable media in a credit card format and an inexpensive read/write device that together will become the next generation in personal portable data storage for a broad range of existing and new markets. Management believes that the UltraCard technology will potentially provide numerous industrial users with a combination of high levels of security and a vastly greater amount of personal transportable data storage at the lowest cost in the industry. In addition the acquisition and development of existing SmartCard solution providers represents a strategic market strategy designed to accelerate the integration of the vastly superior technology inherent in the UltraCard into existing and newly developing markets.

On Behalf of the Board of Directors,


Daniel S. Bland
President and Chief Executive Officer

This News Release may contain forward-looking statements relating to future results, performance, plans, events or other matters. Words such as ``potentially``, ``will``, ``anticipates``, ``believes``, ``plans``, ``expects``, ``future``, ``intends``, and similar expressions are used to identify these forward-looking statements. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of the company`s products and services and markets for such products and services, the timing and level of customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the Company`s products and services and other risks and uncertainties. Actual results, performance, and events may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this News Release. The Company undertakes no obligation to release revisions to these forward-looking statements to reflect events or circumstances after the date of this News Release. Further information about the risks and uncertainties Upgrade faces can be found in its filings with the Securities and Exchange Commission, which can be accessed at http://www.sec.gov/ or http://www.freedgar.com/.


--------------------------------------------------------------------------------
Contact:
Upgrade International Corp.
Daniel Bland, 206/903-3116
Fax - 206/903-3117
[e-mail]
or
UltraCard, Inc.
Mr. Tom Parkinson, 408/317-2016
or
Porter, LeVay & Rose, Inc., New York
Michael J. Porter or Sarah F. Torres, 212/564-4700

[KillPut]

Gibt’s das auch in Deutsch.???
Gibt’s das auch in Deutsch.???

[zocku]

UltraCard China, Inc. Tochterunternehmen der UltraCard, Inc. erhält eine Kauforder über 15 Millionen US Dollar aus Shanghai, China
SHANGHAI, China—(BUSINESS WIRE)—Nov. 27, 2001—UltraCard China, Inc. ein Tochterunternehmen von UltraCard, Inc. (www.ultracard.com), deren Mutterunternehmen, Upgrade International (OTCBB: UPGD – news; www.upgd.com), ist sehr erfreut bekannt geben zu können, dass die Demonstrationen der UltraCard Technologie in Shanghai, am Anfang dieses Monats erfolgreich abgeschlossen wurden.
Shanghai G-Pro Technologie Co., Ltd. ein Vermittlungsunternehmen der Bezirksregierung Shanghais hat eine Kauforder über zwei Millionen UltraCards™ und zehn tausend UltraDrives™ gegeben, um ein Pilotprojekt durchzuführen.
Der Fünfzehn Millionen Dollar (US) umfassende Kaufauftrag beinhaltet die Lieferung von UltraCards™ und UltraDrives™, die nach gegenseitiger Vereinbarung angepasst werden und 5 ¼`` Half-Height UltraDrive™ Lesegeräte mit USB-Schnittstelle und dreifacher Lesegeschwindigkeit beinhaltet. Es wird erwartet, dass die Auslieferung im ersten Quartal 2002 beginnt.
Der Präsident der Schanghai G-Pro Technologie Co, Ltd., Yang Yan sagt ``Nachdem wir an der UltraCard Technologie-Demonstration in Shanghai teilgenommen haben, sind wir bereit das Pilot-Programm für die Verwendung der UltraCard, als eine „END TO END“-Lösung für die Sicherheitskontrollsystem-Anwendungen vorwärts zu bewegen. ``

Dan Kehoe, Vorsitzender und CEO von der UltraCard China, E.G., and UltraCardInc., schilderte: `` Wir haben mit Arthur Zheng, Präsident und Oran Chang,Vize Präsident von UltraCard China, Inc., viele Monate gearbeitet und sind sehr davon überzeugt, dass wir unter der Leitung von UltraCard China, Inc. eine starke und zuverlässige Quelle für den Verkauf von UltraCards™ und UltraDrives™ Lese-/Schreibgeräten für viele Jahre haben werden. ``

Daniel Bland, Präsident von Upgrade International, sagte: `` Dieser Kaufauftrag ist die erste Implementierung der UltraCard™ als ein revolutionäres Produkt in einem Kreditkartenformat für die Verwendung bei Sicherheits-Applikationen. Ich bin sehr stolz auf das UltraCard Team, das die UltraCard™ entwickelte und die Präsentation und die Demonstration vorbereitet hat.``