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QTUM Defiance Quantum ETF

57.72
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
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

The Quantum Group, Inc. to Expand Services Exclusive to the Healthcare Industry to Include: Design, Construction, Construction M

10/08/2004 1:00pm

PR Newswire (US)


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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/

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