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Beacon Research Issues New Research Update on Quintek Technologies, Reiterates "Outperform" Rating.


DALLAS -- A new research note has been issued on Quintek Technologies, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: QTEK) by Beacon Equity Research Senior Research Analyst, Kris Goldcross, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. .

The full report is available at http://www.beaconequityresearch.com.

Anyone interested in receiving alerts regarding Quintek Technologies, Inc. research should email members@beaconequityresearch.com with "QTEK" in the subject line.

In the report, Mr. Goldcross writes, "The services and solutions offered by the Company are targeted towards improving the efficiency of client organizations by providing material improvements. The core competencies of the Company include mailroom outsourcing, high-speed scanning, domestic as well as offshore data capture, OCR OCR
 in full optical character recognition

Scanning and comparison technique intended to identify printed text or numerical data. It avoids the need to retype already printed material for data entry.
 and indexing, ASP hosting of scanned images, workflow automation See workflow.  and supply chain management servicesC*. For the year ended June 30, 2006, the Company recorded revenues of $2,307,402 in comparison to revenues of $1,547,923 for the previous year, reflecting an increase of 49.1% on a year-over-year basis."

Beacon Equity Research Disclosure

The analysts contributing to this report do not hold any shares of Quintek Technologies, Inc. (QTEK). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to aspire to
verb aim for, desire, pursue, hope for, long for, crave, seek out, wish for, dream about, yearn for, hunger for, hanker after, be eager for, set your heart on, set your sights on, be ambitious for
 all of the CFA Institute The CFA Institute is headquartered in the United States Of America at Charlottesville, Virginia with offices in Hong Kong and London. Formerly known as the Association for Investment Management and Research (AIMR), the Institute awards the prestigious Chartered Financial Analyst  Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. A principal of Beacon Equity Research is also a principal of Pasadena Capital Partners (PCP PCP
abbr.
1. phencyclidine

2. primary care physician


Pneumocystis carinii pneumonia (PCP) 
), an investor relations Investor relations

The process by which the corporation communicates with its investors.
 firm for QTEK which has received 1,500,000 restricted rule 144 shares and anticipates receiving sixty thousand dollars directly from QTEK for services. Beacon Research has been directly compensated eighteen thousand dollars for a one year enrollment in its program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 8, 2006
Words:366
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