VANCOUVER, British Columbia, May 16, 2006 (PRIMEZONE) -- QuadTech International, Inc. ("QuadTech") (OTCBB:QTII), a global provider of leading-edge technology solutions, announced today that it's www.WallStreet7.com's pick of the week.
Wall Street 7 is a non-paid service and has chosen QuadTech International as their current hot stock pick.
About iPMine
iPMine is a real-time two-way wireless communications solution designed to significantly improve the safety of miners and equipment in virtually any size mine. iPMine tracks, monitors, and communicates with miners and equipment underground and above ground. Location information of both miners and equipment is collected and displayed live on one or more monitoring stations against a background of a mine's terrain map. iPMine's scalability and flexibility features make it ideal to be deployed in any size mine supporting multiple levels and/or sites. iPMine's redundant communications feature makes the system highly reliable to efficiently operate in the harsh mining environment.
About QuadTech International, Inc.
QuadTech International is a global provider of leading-edge technology solutions. QuadTech develops partnerships and/or acquires control in high-growth, small to medium sized companies and solutions that support its technology-driven business focus. QuadTech's management goal is to offer its shareholders an exceptional value through investments in a diversified portfolio of products serving multiple markets and industries. For more information, please visit www.quadtechint.com.
Legal Notice Regarding Forward-Looking Statements: Forward-looking statements in this news release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this news release that are not strictly historical statements, including without limitation, management's plans and objectives for future operations and management's assessment of market factors, and statements regarding the strategy and plans of the company and its strategic partners, constitute forward-looking statements. These forward-looking statements are not guarantees of the company's future performance and are subject to a number of risks and uncertainties that could cause the company's actual future results to differ materially from the forward-looking statements.