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.
###
Investor Relations Contact:
Michael W. Russo, President (631)
243-1880 or invest@questec.com
For more information on
eReplays(TM) please visit
http://www.eReplays.com. Press releases and
other Questec.com information are
available on their web site: http://www.questec.com/.
###
This news release was prepared by
management and they accept
responsibility for
its contents and forward looking
statements. Michael Russo -
President
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