Ultimatum Parallax is a one page template and it has some extra features like custom coded CSS3 effected post types, smooth scroll menu etc.
With this child theme we are trying to show how easy to create a one page site by using Ultimatum Theme.
About Ultimatum Parallax:
As you all may know Ultimatum Theme is not only a framework for creating templates. It is also a design suite. Ultimatum Parallax is designed by Ultimatum Theme developers by using Ultimatum Theme.
You can see the demo of Ultimatum Parallax at this link: http://themes.ultimatumtheme.com