Quantum Information, Inc. to Enter Into Coal Development Business; Will Change Name to MGMT Energy, Inc.

Name	Symbol	Market	Type
Defiance Quantum ETF	AMEX:QTUM	AMEX	Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	57.72				0	00:00:00

Defiance Quantum ETF (AMEX:QTUM)
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LOS ANGELES, Feb. 4 /PRNewswire-FirstCall/ -- QUANTUM INFORMATION, INC. (OTC:QTUM) (BULLETIN BOARD: QTUM) (the "Company"), announced that it has entered into an acquisition agreement to acquire all of the membership interests of three limited liability companies that own rights to certain parcels, leasehold mining rights and mining leases located in Indiana and Montana. The Company believes that these properties hold reserves of at least 250 million tons of coal and possibly in excess of 700 million tons, and that these properties and leasehold interests will provide significant potential opportunities for revenue and growth. The acquisition agreement represents a major step forward in the Company's previously announced transition into the coal business. As part of that transition, the Company will be changing its name to "MGMT Energy, Inc.". The Company's new strategy is to identify and acquire under-valued mining properties and add significant value through the project development expertise of its senior management. As a result of the acquisition, the Company believes it will be well-positioned to offer cleaner, environmentally friendly coal to the US and foreign energy markets. The Company's CEO, Mr. John Baugues, stated "America's dependence on foreign energy is directly tied to its physical and economic security. By identifying and securing domestic energy supplies, such as abundant western coal reserves, the nation can decrease its dependency on foreign energy supplies and utilize coal as a potentially significant and environmentally safe source of transportation fuel for a growing economy." Clean coal is an economic, plentiful and environmentally sound fuel source. As the most abundant fossil fuel produced in the United States, coal currently generates over 50% of the nation's electricity. This inexpensive electricity generated by coal results in lower operating costs for businesses and homeowners, thus helping to boost the economy and increase coal's competitiveness in the marketplace. As energy demand grows, the Company believes that clean coal will continue to be an important part of the nations' clean, abundant and affordable resources. Clean coal technologies have resulted in more than 20 new, lower-cost, more efficient and environmentally compatible technologies for electric utilities, steel mills, cement plants and other industries. The Company believes that coal will remain the largest single source of electricity for the foreseeable future--accounting for more than half of the nation's power generation in 2025. Clean coal technologies will help meet these needs, plus continue the decline in sulfur dioxide and nitrogen oxide emissions already underway. Forward-Looking Statement Disclaimer The statements contained in this press release that are not historical facts are forward-looking statements under the federal securities laws. These forward-looking statements are not guarantees of future performance and involve certain assumptions and certain risks and uncertainties that are difficult to predict. Actual outcomes and results may differ materially from what is expressed in, or implied by, such forward-looking statements. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements are changes in general economic conditions, the economic impact of terrorist attacks or military actions, increased or unexpected competition, and other matters disclosed in the Company's filings with the Securities and Exchange Commission. Investors are strongly encouraged to review the Company's filings with the Securities and Exchange Commission for a discussion of risks and uncertainties that could affect operating results and the market price of the Company's stock. DATASOURCE: Quantum Information, Inc. CONTACT: Tydus Justin Richards, Chairman of the Board of Quantum Information, Inc., +1-917-340-0900

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QTUM Defiance Quantum ETF