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Technology Stocks : Quintek Technologies, QTEK data archival etc.. -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (73)	8/31/1999 9:57:00 AM
From: GARY P GROBBEL	Read Replies (1) \| Respond to of 406

trading just above 2.00... Ameri-First Securities Announces Price Target on Quintek DALLAS, Aug. 31 /PRNewswire/ -- The following is being issued by Ameri-First Securities, a member of the National Association of Securities Dealers, CRD number 45289: Quintek (OTC Bulletin Board: QTEK - news) has recently implemented an upgraded sales force as well as contracted to greatly expand their manufacturing facilities. With these factors established, Quintek is well positioned to continue their exponential revenue growth and to reach profitability by calendar year 2000. Because of these conditions, Ameri-First announces a 12-18 month price target on Quintek Technologies of $6.00 per share. -- Quintek has a patented, one of a kind product offering which utilizes laser imaging technology combined with dry silver microfilm to produce a chemical free, efficient, and cost effective means of long-term data storage. Thus, alleviating many problems currently associated with other digital storage mediums. For example, the Year 2000 bug, software obsolescence, age degradation of storage medium, and computer viruses among others. -- QTEK's aggressive Internet growth strategy Web Shuttle offers an Internet based archiving service with the combined advantages of both digital and microfiche technologies. This service provides a means of archiving data without the customary problems associated with data storage such as; expensive equipment, storage concerns, and security issues. Because this service is provided completely independent of location, the potential market for this service is tremendous. -- The company has shown exponential revenue growth since its' inception in 1991 and posted 1999 revenues greater than double those shown in fiscal year 1998. With a recent increase in its manufacturing capabilities through a partnership with a multi-billion dollar Swedish conglomerate, as well as the addition of a new sales group, we believe the company is equipped to substantially increase their revenue growth multiple. For more information or a copy of our in-depth research report please contact Jerrod Dawson, Director of Equity Research, 214-559-7147 or E-mail at: amerfirstjd@ihq.com. SOURCE: Ameri-First Securities