I also thought that the Ultra was made in the very early 90's, and therefore this one had been upgraded, but, it appears in Ritchey catalogs up to '93. There is no '94 bike catalog that I can find, but the '94 Ritchey component catalog has the Logic Compact cranks, so it seems like 1994 is correct.
We have Shimano rapid fire 8 speed shifters - first year for them - Ritchey Logic W.C.S. brakes, Logic Compact cranks, XT hubs on Mavic 231 rims, a Ritchey Logic Comp headset and Shimano UN71 BB. It's always a treat to pull the BB and find one of these beauties.
As it happens, this is yet another bike I've purchased that just doesn't seem to have pics on the Internet. There are older Ultras, but I can't find any with this later groupset on it. So this is me documenting it, and by the time you read this, it's been broken down and it's for sale.