SOURCE: Quintek Technologies, Inc.

August 24, 2006 07:00 ET

Sapphire Initiates Strategic Partnership With Interlace Systems

Alliance Enhances Sapphire's Offerings in a Multi-Billion Dollar Market

HUNTINGTON BEACH, CA -- (MARKET WIRE) -- August 24, 2006 -- Sapphire Consulting Services, a wholly owned subsidiary of Quintek Technologies, Inc. (OTCBB: QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, has entered a strategic partnership with Interlace Systems, a leading provider of Integrated Business Planning software solutions. The agreement enhances Sapphires depth in the market by adding Sales and Operations Planning (S&OP) as well as Business Intelligence offerings.

Under the terms of this partnership, Sapphire will provide design, implementation and customization services for Interlace's Integrated Business Planning platform. Interlace's innovative planning software complements existing business planning and execution solutions allowing CFOs and COOs to:

--  Gain visibility into critical gaps between financial and operational
    plans;
--  Quickly compare multiple alternatives for managing planning gaps;
--  Fully assess the impact of alternative plan changes on key business
    metrics;
--  Institutionalize controls for plan revisions and approvals.
    
"Interlace's unique technology platform and approach to facilitating the Sales & Operations Planning process meshes nicely with our commitment to implementing world class S&OP systems for our customers," commented Sapphire's President Scott Hine. "This partnership is complementary to our existing technology and application partnerships and opens up new channels of customer opportunity."

The Interlace Integrated Business Planning platform builds on a core innovation, the Change Based Data Modeling (CBDM) technology, to deliver a purpose-built application framework that includes enterprise-class data integration, scenario modeling, and collaboration and workflow capabilities. The company's software platform is ideally suited for building enterprise-class S&OP solutions.

"Sapphire has a proven track record helping companies implement effective S&OP solutions," said Jim Lodestro, president and CEO, Interlace Systems. "Our business strategy for delivering high impact integrated business planning solutions is greatly enhanced with the addition of Sapphire to the Interlace partner ecosystem. We are excited to have the company on board as a service partner."

About Quintek Technologies, Inc.

Quintek Technologies, Inc. (OTCBB: QTEK), through its wholly owned subsidiaries Quintek Services, Inc. (QSI), and Sapphire Consulting Services, Inc., provides services to enable Fortune 500 and Global 2000 corporations to reduce costs and maximize revenues.

Sapphire Consulting Services, Inc. offers a broad range of supply chain management consulting services. Sapphire assists organizations to create a higher level of customer satisfaction, enhance supply chain capability and achieve consistent competitive advantage through reduced product cost, reduced inventory investment and improved supply chain security. A study by IDC found the SCM services market will expand from $26.1 billion in 2002 to $40.5 billion in 2007, representing a five-year compound annual growth rate (CAGR) of 9.2%.

For more information, visit http://www.sapphire-consulting.net.

QSI delivers Business Process Outsourcing (BPO) services and solutions that enable companies to secure and manage their key data processing demands with optimal efficiency and minimal costs. As a next-generation technology company, Quintek is unhindered by outdated information technology systems, and thus is able to deploy best-of-breed solutions in all aspects of BPO. The Aberdeen Group, a provider of IT market intelligence, forecasted 13% annual growth for the BPO and projected it to have reached $248 billion in 2005.

For more information, visit http://www.quintek.com.

About Interlace Systems, Inc.

Interlace Systems provides Integrated Business Planning software that bridges the gap between traditional business planning tools and execution systems The solution is used to support a variety of critical operational planning processes such as consensus demand plan creation and management, and sales and operations planning. The company's products and services are marketed to large and mid-size enterprises in consumer goods, industrial manufacturing, and high-technology industries. Interlace Systems is headquartered in San Mateo, Calif. For more information, contact (650) 574-1422 or visit www.interlacesystems.com.

Interlace Systems and the Interlace Integrated Business Planning solution are trademarks of Interlace Systems, Inc. All other products and company names herein may be trademarks of their respective owners.

Contact Information

  • CONTACTS:
    Quintek Technologies, Inc.
    Andrew Haag
    Chief Financial Officer
    (714) 848-7741, Ext. 14
    Email Contact

    Cinapsys, Inc.
    Mark Moline
    (760) 458-4899
    Email Contact