SOURCE: Quintek Technologies, Inc.

October 27, 2006 09:00 ET

Increased Sales and Marketing Efforts Driving New Growth for Quintek Technologies

HUNTINGTON BEACH, CA -- (MARKET WIRE) -- October 27, 2006 -- Quintek Technologies, Inc. (OTCBB: QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, reports that it is experiencing positive results from its increased sales and marketing efforts. The company has recently closed additional business as a direct result of new partnerships, sales and telemarketing activities, which were initiated earlier this year.

Quintek reported that it has focused its sales and marketing efforts on driving sales through customer awareness of the company and its products and services. Quintek has utilized its existing partnership network, as well as created new partnerships, web initiatives and telemarketing. The Company's focus has been targeted at the Southern California market.

"Our efforts have resulted in a substantial increase in the company's pipeline of qualified sales prospects and a dramatic increase in the number of proposals for new business," stated Robert Steele, CEO of Quintek Technologies. He added, "In a report this past June entitled Service Oriented Architecture (SOA) Will Shape the Future of BPO Delivery, Forrester states that, 'Labor arbitrage is the most straightforward element of BPO delivery.'" Steele continued, "Quintek bridges the gap of getting information to the outsourced laborer and is a key enabler of SOA implementation. The new business we are focusing on takes this into account as we help customers focus on their core business and become more efficient and profitable."

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.

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 As a next-generation technology company, Quintek is unhindered by outdated information technology systems, and thus is able to deploy best-of-breed solutions in all aspects of BPO. Forester Research, Inc estimates that the market for BPO services will grow from $19 billion in 2004 to $146 billion in 2008. Business Insights, estimated the BPO market as the fastest growing area of the IT services sector. Growing at 8% annually it is expected to grow from $112.1 billion is 2005 to $144 billion in 2008.

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.quintek.com.

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Quintek to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in Quintek's Annual Report on Form 10-KSB for the fiscal year ended June 30, 2006 and any subsequent reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Quintek assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, inability to timely develop products or services, inability to deliver products or services when ordered, inability of potential customers to pay for ordered products or services, and political and economic risks inherent in domestic and international trade.

Contact Information

  • CONTACTS:

    Quintek Technologies, Inc.

    Andrew Haag
    Chief Financial Officer
    (714) 848-7741, Ext. 14
    Email Contact

    Communications:

    Cinapsys, Inc.
    Mark Moline
    (949) 497-6684
    Email Contact