DENVER and LONDON, Nov. 4, 2004 (PRIMEZONE) -- Quantech Electronics Corp. (Pink Sheets:QANT), through its recently acquired wholly owned subsidiary DimiTel Ltd, announced a Joint Venture with YamaTel P-UK Limited to deliver a Telecom wholesale service that will be run by DimiTel and will support YamaTel existing client base.
YamaTel, a Telecom products and services marketing and consulting company, will migrate its existing clients to the DimiTel wholesale platform by Q1 2005. The volume of minutes anticipated to run through DimiTel wholesale platform is in excess of 5 million minutes per month. The agreement is an extension to the current cooperation with YamaTel in several countries including Turkey, Georgia and Israel.
Mr. Rony Cohen, Managing Director of DimiTel Ltd, stated, "The continuous growth of traffic through our network is validation that the company's products are meeting the needs of the market."
About DimiTel Ltd
DimiTel's products range from VoIP wholesale, billing systems to complex Virtual PABX. The company'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.
About YamaTel P-UK Limited
YamaTel, a leading international marketing specialist in the discipline of telecom services, migrated to one of the best soft switches. YamaTel expertise is to promote and developed VAS services to End User world-wide via Distribution Channels, services such as Calling Card, CallBack, Wholesale and Smart VoIP solutions. YamaTel projects meet the continuing needs of preferred potential customers around the world, by delivering time-sensitive critical information and custom-fit telecom solutions, using a high-end technology and an access to a valuable host of resources and clientele.
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