24/10/05 19:06
today was a first step into the Middle East Region by QTK.
it looks like they have partnered with an established player in this region and have signalled Lebanon is the first country of many who QTK hope to rollout its technology.
interestingly Lebanon would have to be one of the smallest countries by size and population in the Middle East so one could only expect further contracts in the region would be for a larger rollout and as a concequence be worth more to QTK.
This is a great follow up on the back of the Beijing deal,as QTK signalled there is much interest in China and now we know QTK is in the Middle east with more to come from both regions and countries.
I wonder if the Lebanon deal was the hold up in preparing forecasts and projections?
One would think so as only have been secured on Friday.
Places QTK on a very good footing going forward......they now have the cash flow from the Beijing deal to tackle almost any job.
And the Beijing and Lebanon rollouts demonstrate the robustness and breadth of applications in two diametrically opposed cities and application environment.
IF Pallister can keep up this pace of development QTK is a very very good story unfolding very very quickly.
QTK
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