Quintek Technologies, Inc. Appoints New Management.Business Editors & High-Tech Writers CAMARILLO, Calif.--(BUSINESS WIRE)--Feb. 4, 2003 Quintek Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :QTEK) announced that in a series of actions taken by unanimous consent In parliamentary procedure, unanimous consent, also known as general consent, is a situation in which no one present objects. The chair may state, for instance: "If there is no objection, the motion will be adopted. [pause] Since there is no objection, the motion is adopted. , the company's Board of Directors accepted the resignation of Tom Sims Tom Sims is a pioneer and world champion of snowboarding, originally from Haddonfield, New Jersey. In 1963, he made what he called a the "skiboard," an early version of the snowboard, in the Haddonfield Middle School's shop room after failing to complete his intended project, a as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , President and a director (Chairman), and the appointment of Robert Steele Robert Steele may refer to:
Mr. Steele was formerly CEO and co-founder of iBrite, Inc., a developmental stage software company creating solutions for the Palm OS. Prior to iBrite, Mr. Steele co-founded and helped build CADD (Computer-Aided Design and Drafting) CAD systems with additional features for drafting, such as dimensioning and text entry. CADD - Computer Aided Detector Design: a project to develop standards and methods to allow cooperation between HEP Microsystems, Inc. (CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. ) into one of the largest resellers of AutoCAD software, training and consulting in the United States. CMI is also the number one reseller of AutoCAD software to the U.S. Government. Quintek's Board and Mr. Steele feel that the fundraising and deal making acumen evidenced by Mr. Steele's accomplishments at iBrite, coupled with the 9 years of experience and relationships he gained while at CMI, will prove to be of significant benefit to Quintek and its shareholders. Tom Sims, outgoing Chairman, President and CEO, gave his undivided support for Mr. Steele, and went on to say, "I am very pleased that we were able to attract someone as talented as Robert Steele to take Quintek to the next level. Proof of his ability to grow a new technology is clearly seen in his raising two rounds of seven figure funding for iBrite, while also signing deals with companies like AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. (NYSE NYSE See: New York Stock Exchange :AOL) and Global Knowledge." Mr. Sims added, "We also saw in Robert the experience needed to build a lasting concern in a competitive environment through his achievements at CMI. Throughout his career Robert has gained valuable experience with end users and their needs. His unique knowledge of resellers and their motivations should prove beneficial to expanding our distribution network, solidifying customer relationships and establishing new ones." Robert Steele stated, "I'm very excited about the opportunity to leverage my 10 years of experience with solution sales and the relationships which I have developed to take full advantage of the pre-existing and established market for Quintek's proprietary products." Mr. Steele added, "We estimate that there are well over 5,000 potential sites for Quintek's chemical-free desktop aperture card printer and feel that many of these sites are using outdated inefficient technology. Upgrading these sites with our products represents roughly $250,000,000 in potential sales. Our primary mission for the future is to expand and capture a large percentage of this market." About Quintek Quintek is the only manufacturer of a desktop solution for printing CAD files to microfilm. The company supplies chemical-free equipment, software media and services used to preserve digital data and insure against information loss due to catastrophic events, computer failure and technology obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. . This news release contains forward-looking statements, including but not limited to those that refer to the company's plans for future development or operating results. Actual results could differ materially from those anticipated due to factors such as the lack of timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade. Corporate Web Site: www.Quintek.com IR Web Site: www.TwoTrades.com IR Contact: QTEK_PR@TwoTrades.com / 888/577-6898 |
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