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QUINTALINUX LIMITED
Suite 2209-2217
22/F Metro Centre II
21 Lam Hing Street
Kowloon Bay, Hong Kong
Phone: 011-852-2893-2682
Fax: 011-852-2572-2131
Contact: David C.V. Lee Investor Relations:
CEO Dan Matsui/Eugene Heller
Quintalinux Limited Silverman Heller Associates
(852) 2893-2682 (310) 208-2550
[email protected] [email protected]
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Quintalinux Limited Retains
Investor Relations Firm Silverman Heller
Kowloon Bay, HONG KONG (September 18, 2000) - Quintalinux Limited ("Company")
(Nasdaq: QLNX), a leading technology services provider in the Peoples Republic
of China and Hong Kong, which contracts high technology, "intelligent building"
construction and interior design solutions and is a leading provider of
Linux-based applications and systems, today announced it has engaged the
investor relations firm Silverman Heller Associates.
The Company's initial public offering was effective August 9, 2000, in which 1.5
million shares of common stock and 1.5 million warrants were sold for net
proceeds to the Company of $10.8 million. Proceeds are expected to be used for
expansion, marketing, licensing, and working capital, as outlined in the
prospectus.
"Silverman Heller's progressive investor relations program will support our
efforts to establish and build relationships with the investment community,"
said David Lee, Quintalinux' CEO. "Silverman Heller will also help us increase
the flow of communications with shareholders and prospective investors. A
well-planned, coordinated investor relations program provides critical guidance
and expertise for a company striving to increase its shareholder base and
maximize value for investors."
About Quintalinux:
Quintalinux Limited is a leading technology services provider for business and
enterprise clients in the Peoples Republic of China (PRC) and Hong Kong,
including a list of large, well-known, blue chip and multinational corporate
clients. With over 18 years of experience, the Company is a leading contractor
of high-technology, "intelligent building" total solutions, incorporating highly
reliable, flexible, and interoperable Linux operating systems in its commercial
interior construction and design applications, such as under-floor air
conditioning systems, architectural lighting systems, and information displays.
Additionally, through a majority-owned subsidiary, the Company is a leading
provider of Linux-based applications and systems for businesses and consumers,
including Internet and e-commerce solutions.
Some statements in this press release may constitute "forward-looking
statements" within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Such forward looking statements
involve known and unknown risks, uncertainties, and other factors that may cause
actual results or performance of the Company to differ materially from future
results or performance expressed or implied by those forward-looking statements.
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