Message #16 From:
Stock News Bot Date: November 8, 2006 05:06:00 AM
QTEK News Beacon Research Issues New Research Update on Quintek Technologies, Reiterates ''Outperform'' Rating
DALLAS--(BUSINESS WIRE)--A new research note has been issued on Quintek Technologies, Inc.
(OTCBB: QTEK) by Beacon Equity Research Senior Research Analyst, Kris
Goldcross, CFA.
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 and indexing, ASP hosting of scanned images, workflow
automation and supply chain management services….
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 all of the CFA Institute 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),
an investor relations 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.
