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Technology Stocks : Quintek Technologies, QTEK data archival etc..

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To: DELT1970 who wrote (326)12/5/2000 4:59:47 PM
From: KZAP   of 406
 
Quintek Releases New Software
CAMARILLO, Calif., Dec. 5 /PRNewswire/ -- Quintek Technologies, Inc. (OTC Bulletin Board: QTEK) today announced release of "QuinPlot", a windows based software application used to enhance the capabilities of the Company's Q4300 aperture card imaging system. QuinPlot will be sent to certain clients (e.g. Boeing, SCE, BG&E) during the month of December for Beta testing and provided as standard issue on all shipments made after January 1, 2001.

"QuinPlot provides a means for operators to handle both simple and complex applications where proper management of image and index data becomes an instrumental part of acquiring new business," indicated Tom Sims, President & CEO of Quintek. "For example, the new software can automatically combine and present several small documents on a single aperture card and output these multi-page records, along with large engineering drawings, in one continuous process. This feature alone will dramatically enhance marketability for applications with high document content, such as; county recorders, financial institutions, government agencies, and legal archives."

Quintek is dedicated to providing a safe, one-of-a-kind, environmentally clean, and cost efficient technology for storing corporate knowledge. 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 (previously Bofors AB), Saab (previously Celsius Group), Eastman 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, 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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