QuesTec.com Files for SEC Reporting Status per
NASD Rule 6530
Deer
Park, N.Y. Friday, March 3, 2000 - QuesTec.com,
Inc. (NASD-BB: QSTIE), announces that
the company has submitted its Form 10-SB and
supportive documentation to the Securities and
Exchange Commission (SEC), per NASD Rule 6530
("The Eligibility Rule"). QuesTec.com
currently trades under the temporary symbol
QSTIE, imposed by NASD OTC BB as a routine
measure that is implemented for numerous OTC BB
issuers, and is intended to advise investors that
these companies have 30 Days to satisfy the Rule
6530 requirements. This stock symbol change does
not indicate that QuesTec.com has failed or will
fail to satisfy or meet these new SEC
requirements.
QuesTec.com is an
international technology-based information
services provider leading the way in providing
unique computer-generated, real-time virtual
replays and in-game digital analysis content for
professional sporting events on television,
during webcasts, for "Interactive
Television" and video games. QuesTec's
patented products use a series of cameras,
computers and sophisticated military-grade
technology to track moving objects (such as balls
or players) and instantly reconstruct digital 3D
images which can be replayed in real-time, viewed
from any angle, compared and analyzed. QuesTec's
products are routinely and increasingly used
during coverage of baseball, tennis and golf
around the world, while development of new
products for other sports continues. QuesTec's
unique digital video content has been shown and
used for analysis during coverage of such
high-profile sporting events as the World Series,
the Major League Baseball All-Star Game, the
French Open, the ATP World Championships and
World Cup Golf.
In the U.S. and
Europe, QuesTec.com is marketing its unique
businesss-to-business Internet sports content
under the eReplays(TM)(http://www.ereplays.com)
brand which was launched in the fall of 1999.
Internationally, the QuesTec brand for virtual
replays has gained prominence in Europe through
the company's strategic partnership with Live
Motion Company (LMC) of Wiesbaden, Germany and
through QuesTec's direct marketing efforts in the
Far East and South Africa.
QuesTec.com has
devoted, and is continuing to expend, significant
time and resources to ensure that all
requirements for compliance will be achieved.
This SEC filing, however, has not in any way
impeded QuesTec's numerous ongoing business
initiatives and strategic alliances. Shareholders
can expect significant announcements to be made
in the near future.
eReplays(TM) is a
registered trademark of QuesTec.com, Inc.
For more information on QuesTec Imaging, Inc.
contact Michael Russo at (516) 243-1880 or visit http://www.questec.com.
|