QTEK List stock news:
Quintek System Selected by Jet Propulsion Laboratories
CAMARILLO, Calif.--(BUSINESS WIRE)--March 27, 2001--Quintek Technologies, Inc. (OTCBB:QTEK - news) today announced orders for aperture card imaging equipment from Jet Propulsion Laboratory (JPL), located in Southern California.
The Quintek system will provide JPL with an automated means of producing 100 year aperture card media directly from on-line image files. The media will be used primarily for archiving engineering drawings and other critical information.
ABOUT JPL
Managed for NASA by the California Institute of Technology, JPL is the lead U.S. center for robotic exploration of the solar system. JPL spacecraft have visited all known planets except Pluto (a Pluto mission is currently under study for the early part of the next decade). In addition to its work for NASA, JPL conducts tasks for a variety of other federal agencies.
JPL's main 177-acre site is at the foot of the San Gabriel Mountains near Pasadena, Calif. In addition, JPL manages the worldwide Deep Space Network, which communicates with spacecraft and conducts scientific investigations from its complexes in California's Mojave Desert, Madrid, Spain, and Canberra, Australia.
ABOUT QUINTEK
Quintek supplies chemical-free equipment, software, media, and services used to reserve digital data and insure against information loss due to catastrophic events, computer virus, technology obsolescence, equipment failure, media degradation, change in formatting standards, and software incompatibility. The use of Quintek's Q4300 Aperture Card Imaging System affords clients significant relief from stringent and costly government environmental compliance, while providing an exceptionally high quality, cost efficient, and long-term data storage technology.
Strategic alliances include Kitron AB, Saab, Kodak, Anacomp, Travis Morgan Securities, and Imation. Customers include TRW, Lockheed-Martin, US Navy, Aramco, Duke Power, Dresser Industries, Smiths Industries, Carolina Power & Light, Lufkin Industries, Whirlpool, Zenith, PG&E, GTE Airfone, Caltrans, Southern California Edison, and NASA, among others. With an environmentally superior solution, Quintek has a significant competitive advantage in a worldwide market estimated at $2.5 billion per year.
This document contains forward looking statements. There are certain important factors that could cause results to differ materially from those anticipated by the statements made above. Additional information on these and other factors will be included on future 10-Q and 10-K reports.
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Contact:
Quintek Technologies, Inc.
Chip Parrish (investor relations), 888/577-6898
QTEK_PR@TwoTrades.com
www.TwoTrades.com
www.Quintek.com |
