DENVER and LONDON, Dec. 16, 2004 (PRIMEZONE) -- Quantech Electronics Corp. (Pink Sheets:QANT) through its wholly owned subsidiary DimiTel Ltd, announced today that it is developing a SOHO (small-office-home-office) in-a-box iPBX solution. The release of the product is expected during Q1 2005.
DimiTel Ltd will use its comprehensive VoIP platform to provide businesses with cost effective, in-a-box, voice applications such as conference calling, corporate callback, low cost international calls, company voicemail, unified messaging and smart call forwarding.
According to the Managing Director of DimiTel Ltd, Mr. Rony Cohen, "market has matured enough to successfully introduce the solution to small and medium size businesses."
About DimiTel Ltd
DimiTel has based its business and technology upon its founders experience in the mobile applications and billing systems. DimiTel's products range from VoIP wholesale 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, CK Group, Bezeq Int.
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.