7mm Remington Short Action Ultra Magnum

Remington introduced the 7mm Short Action Ultra Magnum (SAUM) cartridge in 2002 to compete with the 7mm Winchester Short Magnum cartridge. It was designed specifically for the Remington Model Seven Magnum rifle, and intended primarily for long-range hunting use. The difference in velocity between the 7mm SAUM cartridge and the 7mm Winchester Short Magnum (WSM) is less than 50 feet per second; they are almost ballistic twins. Both the 7mm SAUM and the 7mm WSM achieve optimal ballistic results when using bullet weights from 120 to 160 grains.
The 7mm SAUM suffered from being released later than the 7mm WSM, and very few manufacturers chambering rifles in this caliber. The low demand for factory ammunition in 7mm SAUM has resulted in a sharp increase in the cost of 7mm SAUM as of mid 2014.
Currently 7mm SAUM is experiencing a rebound in popularity with custom rifle builders and handloaders, as it is able to drive the long (180 grain class) bullets fast enough for long range target shooting. 
The 7mm SAUM is a popular choice in f-class shooting, and has been used to take home multiple championships in this discipline. 
The 7mm SAUM fills also fills a niche in extended long range competitions (700-2100 yards) where it is a popular choice. 
References.
C.I.P. TDCC sheet 7 mm Rem. SA Ultra Mag.