Quantech Electronics Announces Completion of Its VoIP International Telephony Service for Businesses and Home Users


LONDON, Sept. 27, 2004 (PRIMEZONE) -- Quantech Electronics Corp (Pink Sheets:QANT), through its recently acquired wholly owned subsidiary DimiTel Ltd, announced today the completion of its Voice over IP International Telephony platform for corporate and home customers. Based on its experience with pre-paid platforms and VoIP termination services DimiTel completed the development of a comprehensive end-to-end solution based on SIP technology, that will serve businesses and individuals worldwide.

DimiTel's strategy is to offer a hybrid telephony service that enables users to call, not only other Internet users, but also regular telephone numbers around the world at amazingly low rates -- without sacrificing quality. The system will serve multi-branch corporations to call between their branches free of charge. Home users will be able to register, recharge and view live billing and call logs from a friendly web interface.

Rony Cohen the Managing Director of DimiTel Ltd: "We have invested several man years in developing our comprehensive SIP telephony system and are positive that it will differ from competing systems in the market. Our goal is to launch trial stage services by the end of this year".

About DimiTel Ltd

DimiTel has based its business and technology upon its founders' experience in the mobile applications and voice billing systems. DimiTel's products range from VoIP, whole billing systems to complex VoIP PBX.

DimiTel's platforms are commercially proven in multi-vendor operations, and are used with more than 20 leading telecom operators, calling card operators and partners. DimiTel currently operates 3 major POPs worldwide.

Safe-Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties. QANT's actual results could differ materially from those discussed in such forward-looking statements based on a variety of factors not under the control of QANT including but not limited to, market conditions, level of investment on technology, changes in operating conditions and costs, technology developments, etc. QANT assumes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



            

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