SOURCE: Quintek Technologies, Inc.

July 12, 2007 08:00 ET

Quintek Announces Xerox Partnership

Company Enters Into Authorized DocuShare Partnership With Xerox

HUNTINGTON BEACH, CA--(Marketwire - July 12, 2007) - Quintek Technologies, Inc. (OTCBB: QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, announced today that it has become an authorized DocuShare Partner with Xerox, a $16 billion in revenue company founded in 1906, that has been delivering solutions to the marketplace for over 100 years.

Quintek is rapidly growing and expanding its offering to become a market leader in supplying and servicing the Small to Medium Sized Business (SMB) market. The Company is focused on delivering Document and Data Management services and solutions that help companies increase profits and efficiencies. DocuShare addresses the needs of the market, providing an exceptional value proposition to corporations.

Quintek is uniquely positioned with the Xerox relationship and is committed to providing premiere solutions and support for its customers and the customers of Xerox. Quintek has recently trained its technical support staff in the most up to date processes for the set up, service, customization and functionality of DocuShare products. In late April, Quintek added Ms. Barbara Bullard to its team. Bullard was formerly with Xerox as a solutions specialist and was the first member of the North American Resellers Solutions (NARS) group. Bullard achieved Presidents Club status and advanced the solutions-based business model forward for the company. Bullard has over 20 years experience in the industry. The two companies will work closely to provide the highest quality service possible.

James Kernan, Quintek CEO, stated, "For over 100 years Xerox has been recognized as a leader in Document Management products and services. The DocuShare solution is a perfect value for the Fortune 500 corporations and small to medium sized businesses looking for functionality and affordability. The solution supports the growing trend of companies that are adopting Document Management best practices and multi-function products." He added, "We are building our resources and partnering with the best solutions providers in the market to address the needs of major Fortune 500 companies and small to medium sized business. This strategy will deliver the best return on investment in the marketplace, allowing us to provide the services that meet all our customers' needs and drive and support the growth of Quintek and its customers alike."

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. Forrester 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 in 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
    (760) 458-4899