It's not ULV but CULV (Consumer Ultra low voltage) which has a smaller die size and sips less power than a regular processor. For example, the TDPs of a mobile C2D varies from 25W to 35W, a CULV processor dissipates no more than 10W while an Atom uses only about 3W.
In terms of raw power: C2D>CULV>Atom
Battery life: Atom>CULV>C2D
Most CULV processors (like the SU9xxx and Celeron) are based on the same C2D architecture but run at slower clock speeds to minimise power output. In addition, they are usually soldered to the mobo to reduce the footprint so you wont be able to upgrade the processor without changing the mobo.
Dell, MSI, Acer, Lenovo etc have various CULV laptops.