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Strategies & Market Trends : Wire to Wire Daily Stock Picking

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To: KZAP who wrote (1124)7/7/1999 3:18:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 3514
 
Quintek Wins NASA Contract

CAMARILLO, Calif., July 7 /PRNewswire/ -- Quintek Technologies Inc. (OTC Bulletin Board: QTEK - news) a leading information technology and services firm, today announced that it has been awarded a contract to supply NASA Glenn Research Center with a laser driven Film-Based Archival and Retrieval system.

The new system is compliant with NASA's requirement to record digital drawings on film for the purpose of archiving and distributing information. The Quintek system will allow NASA to enhance their operational and data retention capabilities, while eliminating outdated photographic equipment, chemical solutions, related
maintenance services, and labor intensive processing.

Quintek's patented technology provides the only means available today for producing aperture cards, which hold the film, directly from digital files using a chemical-free process.

Since 1941, NASA Glenn Research Center has been conducting research and technology programs critical to the nation's aeronautics and space industries. Today, Glenn Research Center is NASA's leader in aircraft propulsion, space power, commercial communications, and the microgravity science disciplines of fluid physics and combustion science.

Quintek supplies environmentally friendly equipment, software, media, and services for converting digital information into archival media for off-site backup and long-term storage. Off-site backup insures against the loss of digital information due to catastrophic events. Long-term storage media insures against the loss of digital information due to computer virus, technology obsolescence, year 2000 rollover, equipment failure, media degradation, change in formatting standards, and software incompatibility.

Quintek is headquartered in Camarillo, California, with Sales and Marketing based in Washington DC, manufacturing and Engineering based in Karlskoga Sweden (at Bofors AB), and Engineering & Field support based in Montpelier, Idaho. Existing customers include TRW, Caltrans, US Navy, Lockheed-Martin, Dresser Industries, Saudi Aramco Oil Company, Duke Power among others.

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.

biz.yahoo.com

QTEK is still doing very nicely today KZAP.

Thanks, Jeff
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