LONDON, Nov. 17, 2006 (PRIMEZONE) -- Quantech Electronics Corp (Pink Sheets:QTCE), software developer for marketing communications, announced that it is exploring potential collaboration with electronic and computer game manufacturers on its soon to be acquired innovative emotion-detection speech analysis application.
"After the acquisition of this revolutionary application is finalized, Quantech still has some development work to complete," states Liat Matilsky, CEO of Quantech. "However, Quantech is already exploring potential collaborations with toy and game manufacturers so that the development can be aligned to a specific product line. We have received very enthusiastic responses and in fact, this new development leaves no one indifferent. The scope of potential applications is vast and we are investing enormous efforts in market analysis to determine the best applications for Quantech."
Quantech will soon finalize its acquisition of rights to a unique technological system that recognizes and responds to the emotion in speech. Emotional analysis of speech is a cutting-edge technological innovation that revolutionizes user's product interactions, allowing products, games and toys to respond to the user's own real time emotions reflected in his or her speech. The new innovation is uniquely suited for the health, education, and toy and game market and similarly offers a cutting edge enhancement for consumer electronics.
Quantech is already working on the new gaming platform called Sky's-the-Limit. Through this speech-based emotion-recognition system, the user's emotion in speech modifies the audio-visual image displayed while playing a game or operating an edutainment program.
"We are extremely excited about the imminent acquisition and strongly believe that this development will drive Quantech's growth enormously," states Liat Matilsky, CEO of Quantech.
About Quantech
Quantech Electronics Corp. is a web-based software development company based in the UK, that offers development services focusing on web-based desktop communication tools, call center support tools, and development packages designed to enhance the effectiveness of web-based advertising and instant messaging. The company's powerful, easy-to-use software enhances the effectiveness and efficiency of its customers' online and offline businesses. Driven to provide comprehensive solution packages for their clients' entire online business needs, Quantech focuses on customized developments for medium to large businesses, as well as start-ups, Quantech's unique technologies and rapid-response systems construct client infrastructure at competitive prices.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
To contact Quantech or access more information, please visit our web site at www.quan-tech.co.uk