(PR Wires) PRW: Quintek Announces Contract With Celsius Group CAMARILLO, Calif., July 28 /PRNewswire/ -- Quintek Technologies Inc. (OTC Bulletin Board: QTEK), a leading information technology and services firm, and Qtek AB (Quintek's Swedish subsidiary) today announced a conversion contract from the Celsius Group (www.celsius.se), a multi-billion dollar Swedish conglomerate and parent company to Quintek's strategic partner Bofors AB. The new contract requires conversion of over 120,000 digital files into aperture card media to provide long-term backup to Celsius' electronic database. The conversion operation will be performed, using Quintek's 4300 system, at Qtek AB's conversion and archiving center located in Karlskoga, Sweden. Efforts are currently underway to configure software, purchase aperture card media, and prepare additional equipment in order to meet contractual requirements. The Celsius Group, formed in 1977, is comprised of several large-scale Swedish operations, including Kockums, Celsius Tech, FFV, Aerotech, Bofors and Celsius Invest. The Celsius Group is highly focused on the defense industry and related areas of commercial technology. Products and services include: submarines, drilling rigs, surface combat vessels with stealth technology, rail vehicles, flight radio systems, bridge components, military defense systems, laser guided missiles, early warning aircraft and mine detectors. Celsius uses a combination of electronic data management and aperture cards to manage and archive engineering documents critical to product construction and maintenance. 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. /CONTACT: Tom Sims, President and CEO, Quintek Technologies Inc., 800-482-6874; or Bruce Forer of Eisenberg Communications, 212-874-0315/ 11:01 EDT *** end of story *** |