DENVER and LONDON, Nov. 11, 2004 (PRIMEZONE) -- Quantech Electronics Corp. (Pink Sheets:QANT) through its recently acquired wholly owned subsidiary DimiTel Ltd, announced today the launch of its commercial Voice Over IP service for Small and Medium-Sized Enterprises in France.
The supply of the VoIP telephony services to SMEs will begin in the first quarter of 2005. Having already signed with a few distributors the service will allow small and medium businesses in France to use the telephony service at dramatically reduced costs. DimiTel will utilize its comprehensive and successful DimiTalk switch service, and install a small VoIP gateway on the premises of the customer. The VoIP service will be used through the VoIP gateway and will re-route the customer's switchboard traffic through DimiTel's network. Users will gain considerable reductions on their international telephony costs.
According to the Managing Director of DimiTel Ltd, Mr. Rony Cohen, "Dimitel is extremely happy to be finally launching the product commercially in France. It is the beginning of an already growing market in France."
About DimiTel Ltd
DimiTel has based its business and technology upon its founders experience in the mobile applications and mobile and voice billing systems. DimiTel's products range from VoIP whole billing systems to complex calling card and callback systems. This enables clients and distributors to implement switching and billing systems, tailored to their needs.
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 - such as China Unicom, North West Telecom, Bezeq Int., and Linear Networks.
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.