LONDON, July 21, 2006 (PRIMEZONE) -- Quantech Electronics Corp. (Pink Sheets:QTCE), software developer for marketing communications, announced today that Quantech expects to expand the order from S.M.A.R. Infrastructure for the beta version of Quantech's new blogging and behavioral model systems to additional construction product manufacturers.
Quantech anticipates that its initial $350,000 order from S.M.A.R Infrastructure will be expanded to cover additional factories and service centers of the parent company. Quantech provides comprehensive training for its new business-blogging technology and behavioral modeling system, that helps businesses identify and target consumer groups based on behavioral parameters. The beta version of Quantech's new system is currently being installed in Ytong factories (and Quantech expects additional installations in other Xella brands (www.xella.com). Xella International is a leader in the European construction materials and raw materials market with several major brands based on lime and limestone, including Fermacell (gypsum fibre boards), Multipor (mineral insulating boards) and Aestuver (fire protection boards), in addition to Ytong.
"Implementing the beta tests in a broad range of markets is an excellent source of important feedback from our clients who use this new system in different marketing missions. Our clients will benefit from the state-of-the-art technologies that went into the development of this advanced marketing system, and will very quickly reap concrete results in their marketing campaigns using our new system. The final version of the system will be released by the end of the year, and will include several additional developments, as well as the conclusions from the beta tests," says Liat Matilsky, CEO of Quantech.
About Quantech
Quantech Electronics Corp. is a web-based software development company based in the UK that offers development services focusing on web-based desktop communication tools, call center support tools, and development packages designed to enhance the effectiveness of web-based advertising and instant messaging. Quantech Electronics Corp. develops powerful, easy-to-use software that enhances the effectiveness and efficiency of its customers' online and offline businesses. Driven to provide comprehensive solution packages for their clients' entire online business needs, Quantech focuses on customized developments for medium to large businesses, as well as start-ups. Offering several unique technologies and forged notable strategic alliances, Quantech's rapid-response systems construct client infrastructure at competitive prices. The company's client base includes medium to large sized businesses, as well as start-ups.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
To contact Quantech or access more information, please visit our web site at www.quan-tech.co.uk