SOURCE: Shikatronics Inc

July 26, 2005 08:30 ET

Shikatronics Signs a Distribution Agreement With PQI in Canada

MONTREAL -- (MARKET WIRE) -- July 26, 2005 -- Shikatronics, a leader in memory manufacturing and distribution in Canada, announced today a distribution agreement with PQI, a worldwide memory and digital devices manufacturer.

With this new partnership, Shikatronics will continue to grow its product offering to best meet the needs of its customers in this market. PQI will provide Shikatronics a new comprehensive set of innovative memory products such as the new mini Intelligent Stick™, Hi-speed 130X SD card, 100X CF card, MultiMediaCard mobile and the mPack™ line of portable multimedia player products which won awards in Europe and Taiwan.

"PQI product line will complete our offering in the flash storage digital media line and better service our clients," said Alnoor Sheriff, president of Shikatronics Inc.

About Power Quotient International Corp. (PQI)

Power Quotient International had created its own brand name "PQI" since its establishment in 1997 and marked it through its complex channels worldwide via its subsidiaries in USA, The Netherlands, Hong Kong and mainland China.

With these resources, PQI reacts to industry situations rapidly and markets its products accordingly and maintains its market leading position worldwide. With a feature vision of becoming "IC Storage Specialist in World Class," PQI has gone through a solid way of diligent product management so that its flash cards and DOM, as well as Travel Flash Card Readers, have all become brand name products worldwide.

For additional information go to: www.pqimemory.com

About Shikatronics Inc.

Shikatronics, formed in 1989, quickly became a leader in the computer memory industry. That success enabled expansion throughout North America and Latin America. On Several occasions, Shikatronics has been named one of the fastest growing companies in Canada by Profit 100.

Since 2003, Shikatronics took advantage of its experience in the computer memory industry to expand into the new, popular market of flash memory and other innovative new technologies.

Shikatronics has established a reputation for personalized customer service and high-quality products. Commitment to customer satisfaction has been highlighted by resellers voting Shikatronics as a favorite memory supplier by Computer Dealer News Resellers Choice Awards.

For additional information go to: www.shikatronics.com

For a French translation of this press release please click here: http://www.shikatronics.com/company_press_fr.asp?id=23

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