DimiTel Ltd Agrees to Joint Venture with Mokltel Africa Ltd


DENVER and LONDON, Nov. 9, 2004 (PRIMEZONE) -- Quantech Electronics Corp. (Pink Sheets:QANT), through its recently acquired wholly owned subsidiary DimiTel Ltd, announced a Joint Venture with Mokltel Africa Ltd to supply billing and a European presence for Mokltel Africa's wholesale ISP service.

Mokltel Africa Ltd, a Telecom consulting and Holding company in Nairobi, Kenya, has recently been awarded an internet backbone license and national commercial VSAT license via its wholly owned subsidiary Pan African Communication Network. Mokltel Africa Ltd will use DimiTel's billing systems and join venture via its point of presence in London.

Mr. Rony Cohen, Managing Director of DimiTel Ltd stated "This is a fantastic opportunity for DimiTel to work in Kenya, we believe Kenya has great potential."

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. DimiTel currently operates 3 major POPS worldwide.

About Mokltel Africa Ltd

Mokltel Africa Ltd, a Telecom consulting and Holding company in Nairobi, Kenya, has recently been awarded an internet backbone license and national commercial VSAT license via its wholly owned subsidiary, Pan African Communication Network.

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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