My initial year of membership didn't provide for much, so I won't bother signing up again until I have seen the new software (still contemplating other software too in case the new UBB isn't up to scratch). As I said, it's a minor issue and is unlikely to affect the operations of the board.
But just for curiosity sake, here is the thread where we are discussing it: http://www.shaman-australis.com.au/ubb/ultimatebb.php?ubb=get_topic;f=9;t=000334
As for the specifics, I didn't think I could be more specific. The phrase is in a post. Anywhere in a post it seems.
It also doesn't appear to do it on this board, because I tried it in my original post and it did not have a problem with it.