Tuesday July 11, 8:03 am Eastern Time
Company Press Release
SOURCE: Quintek Technologies, Inc.
Quintek Forms Distribution Agreement With Imation
CAMARILLO, Calif., July 11 /PRNewswire/ -- Quintek Technologies, Inc. (OTC Bulletin Board: QTEK - news) today announced it has entered into a distribution and marketing agreement with Imation Corp. (NYSE: IMN - news). Under the new agreement, Imation will sell, install, and service Quintek's 4300 Aperture Card Imaging System under a worldwide distribution program.
``Our agreement with Quintek allows us to offer customers a cost effective and environmentally favorable means for producing aperture cards directly from CAD and raster image files,'' said John Foggo, global document imaging manager for Imation Digital Solutions and Services. ``Many customers require master aperture cards for archiving, distributing and referencing digital information in 'eye-readable' format. The Quintek equipment aligns with our other product offerings, furthering Imation's objective to provide large-format customers with a single source and complete solution for managing and storing critical information.''
Imation leverages thirty years of film-based image expertise, key alliances and global market leadership in the sale of analog document imaging equipment to provide incremental and full-scale solutions to help customers adopt digital technologies at their own speed without slowing productivity and disrupting workflows.
``Quintek is pleased to be working with Imation on distribution of the 4300 productline,'' stated Tom Sims, Quintek's President & CEO. ``Imation's market leadership, global distribution network, and top notch customer service capability will dramatically enhance Quintek's market presence and provide customers with worldwide access to a valuable technology.''
About Quintek
Quintek supplies chemical-free equipment, software, media, and services used to preserve digital data and insure against information loss due to catastrophic events, computer virus, and technology obsolescence. The use of the Q4300 system affords Quintek's clients significant relief from stringent and costly government environmental compliance, while providing an exceptionally high quality, cost efficient, and long term data storage method. The Quintek technology is used by a wide variety of public and private industries, such as Utilities, Aerospace, Petro-Chemical, Transportation, Construction, Defense, and Manufacturing. Clients include; TRW, Caltrans, US Navy, Lockheed-Martin, Dresser Industries, Zenith, NASA, Aramco, Smith Industries, Baltimore Gas & Electric, Duke Energy, Whirlpool, Lufkin Industries, GTE Airfone, and Boeing, among others.
For Contact Information: Corporate Web Site: www.Quintek.com, Investor Relations: (877) 890-1398, Public Relations: QTEK_PR@TwoTrades.com, www.TwoTrades.com.
About Imation
A global technology company, Imation Corp. supplies a variety of products and services worldwide, specializing in data storage and information management, color management, and imaging solutions. In 1999, Imation reported revenues of $1.4 billion from continuing operations. As of December 31, 1999, the Company employed approximately 4,850 people worldwide. Additional information about Imation is available on the Company's Website at imation.com or by calling toll-free at 1-888-466-3456. To receive recent earnings, news releases, corporate information, and related shareholders services, call Imation's toll-free shareholder information line at 1-888-IMN-NYSE (1-888-466-6973).
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.
SOURCE: Quintek Technologies, Inc. |
