Defiance Quantum ETF (AMEX:QTUM)
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The Quantum Group, Inc. to Expand Services Exclusive to the
Healthcare Industry to Include: Design, Construction, Construction Management,
Real Estate Office Leasing and Mortgage Brokerage
WELLINGTON, Fla., Aug. 10 /PRNewswire-FirstCall/ -- The Quantum Group, Inc.
(OTC:QTUM) (BULLETIN BOARD: QTUM) today announced that it has reached an
agreement to acquire Tektonica-USA, Inc. from its founding shareholders, which
includes Quantum president, Noel J. Guillama.
In the past, Tektonica-USA, Inc. established in 1984, has completed
residential, institutional, commercial and healthcare build-outs and
renovations. Once governmental approvals are received on the transfer of
licenses, Quantum's subsidiary will be a Florida Certified Building Contractor,
Florida Mortgage Brokerage Broker, and a Licensed Florida Real Estate Broker.
Noel J. Guillama, founder and principal shareholder of both The Quantum Group
and Tektonica-USA, Inc., commented, "I am very pleased to have reached this
stage in the development of our business plan as we seek to offer a one- stop
solution for the medical community by creating a more effective and efficient
medical delivery system."
The addition of Tektonica-USA represents a large stride towards the ultimate
goal of The Quantum Group to provide the over-burdened healthcare industry with
a solutions provider who can maximize productivity through its outsourcing
services.
Mr. Guillama further commented, "With the addition of this real estate
component to our wide selection of services to the physician community, we
expect that we will be able to provide the best and most effective outsourcing
opportunities to our physician clients. We have promised to build a new kind of
company, and with the completion of this acquisition and our final phase in
2004, we can continue to look very positively toward our future."
The Company also announced that with the pending closing of Tektonica-USA, Inc.
it has reached an understanding with Mr. Guillama that materially all his
future business activities will be exclusive to the Quantum Group and its
subsidiaries.
The Quantum Group, Inc., is a Wellington, Florida-based healthcare company in
its development stage, providing outsourcing, technology-based solutions,
government compliance, education, policy consulting and venture management to
the healthcare industry. Quantum is currently involved in: outsourcing for
physicians, managed care organizations, healthcare facilities, and physician
associations; developing three patent-pending healthcare solutions identified
as Cybernaptics(SM), Quantum Quotient(SM) (or QX2(SM)) and MDAutomated(SM), all
with the intention to provide new efficiencies to the $1.6 billion U.S.
healthcare system; and providing leading-edge healthcare services to consumers.
The Quantum Group - "healthcare solutions for a new generation."(SM)
Certain statements contained in this news release, which are not based on
historical facts, are forward-looking statements as the term is defined in the
Private Securities Litigation Reform Act of 1995, and are subject to
uncertainties and risks in part detailed in the respective company's Securities
and Exchange Commission 10-K, 10-Q, S-8 and 8-K filings, that may cause actual
results to materially differ from projections. Although the company believes
that its expectations are reasonable assumptions within the bounds of its
knowledge of its businesses and operations, there can be no assurance that
actual results will not differ materially from their expectations. Important
factors currently known to management that could cause actual results to differ
materially from those in forward-looking statements include the company's
ability to execute properly its new business model, to raise additional capital
to implement new business model, the ability to attract and retain personnel
and the inherent risk associated with a diversified business to achieve
positive cash flow. In light of these risks and uncertainties, there can be no
assurance that the forward-looking information contained in this report will,
in fact, occur.
Media Contact:
Danielle Amodio
Director of Corporate Communications
The Quantum Group, Inc.
http://www.thequantumgroupinc.com/
561-798-9800
DATASOURCE: The Quantum Group, Inc.
CONTACT: Media, Danielle Amodio, Director of Corporate Communications of
The Quantum Group, Inc., +1-561-798-9800
Web site: http://www.thequantumgroupinc.com/