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


To: KZAP who wrote (333)1/9/2001 10:18:35 AM
From: two trades  Read Replies (1) | Respond to of 406
 
Tuesday January 9, 8:15 am Eastern Time

Press Release

Quintek System Selected by Edison

CAMARILLO, Calif.--(BUSINESS WIRE)--Jan. 9, 2001--Quintek Technologies Inc. (OTCBB:QTEK - news) today announced an order for aperture card imaging equipment from Southern California Edison (AMEX:SCEq - news).

Edison plans to use the Quintek 4300 system to produce aperture cards as an automated process in order to cut costs related to distribution and archiving of digital information.

The Quintek system will be used at SCE's San Onofre Nuclear Generating Station (SONGS) located near San Clemente, Calif. SONGS is dedicated to providing a safe and efficient operating environment while supplying electrical energy to more than 15 million people in Southern California.

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, U.S. 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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Contact:

Quintek Technologies Inc.
888-577-6898(investor relations)
QTEK_PR@TwoTrades.com
www.Quintek.com or www.TwoTrades.com