UltraCade Technologies

[1] Founded on the original UltraCade multi-game platform that Foley's design team developed in the mid-1990s, featuring multiple classic arcade games emulated on PC hardware running proprietary operating system and emulation code.

After the investors pulled out in late 2002 and HyperWare shut down, Foley hired back the core staff and revived the platform under the UltraCade Technologies banner.

In late 2005, the sale of UltraCade Technologies to Global VR was initiated but did not complete.

[citation needed] In July 2009 a grand jury indicted David R. Foley on 35 counts, claiming that he sold counterfeited game packs for the UltraCade platform.

On January 9, 2012, Foley pleaded guilty to conspiracy charges related to sales of UltraCade game software and making false statements on loan applications while all claims of counterfeiting were dropped.