I dunno it’s got a heap of knobs, what appear to be mini switches so possibly some sort of hpf/lpf likely a dual drive/boost on/off or possibly drive/compression on/off with clean blend.
It looks like a lot of control available so I suspect they may aim it at a wider market for a range of instruments rather than release 4 or 5 specific versions like with the Cali. I’d look to the combined features across all their Cali comp pedals incorporated into the ultimate drive. But what do I know 😀
oh and it’s gonna cost about £300 give or take £25 if it can do all I’ve speculated above! I’d be very keen to learn more about this one. It’s always a good day when OE release a new product!