LONDON, Oct. 12, 2006 (PRIMEZONE) -- Quantech Electronics Corp. (Pink Sheets:QTCE), software developer for marketing communications, announced that it has signed an agreement to provide marketing communication solutions to Smart Energy Solutions, Inc.
Following its recent agreement with Smart Energy Solutions German subsidiary, Quantech Electronics Corp. announced that it has also signed an annual agreement this week with Smart Energy Solutions, Inc. to provide a comprehensive marketing communications solution package, including its latest developments to the parent company as well. Quantech will act as a sub-contractor to Smart Energy Solutions, Inc. and provide its sophisticated web-based marketing tools, including its friction-free marketing system, and behavioral systems modeling principles.
Smart Energy Solutions, Inc. (OTCBB:SMGY) provides high quality innovative energy saving products for the transportation market through a global distribution network. The company aims to be a leading global manufacturer and distributor of technology products and vehicles designed to save energy, improve safety and enhance security for all segments of the transportation market, by building an entrepreneurial organization that empowers employees to satisfy customers while concurrently creating shareholder value. Smart Energy Solutions, Inc is the parent company of Battery Brain(tm), with warehouses and facilities located in New Jersey, Italy and China.
"Smart Energy is an exciting company whose innovations promise to help it secure a leading position in the energy market. This innovative company immediately recognized the enormous potential of our marketing communications tools to support its global high-growth strategy. We will be working closely with the parent company in the U.S. and its German subsidiary in customizing our marketing solutions to its specific marketing needs," says Liat Matilsky, CEO of Quantech. She added, "This transaction is important for Quantech not only because of the significant scope of the contract: the contracts with Smart Energy Group provide an opening to a marketing segment that is worth many millions of dollars to 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. The company's powerful, easy-to-use software 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., Quantech's unique technologies and rapid-response systems construct client infrastructure at competitive prices.
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