SOURCE: Quintek Technologies, Inc.

April 19, 2006 16:05 ET

Quintek Delivers Services Nationally to $12 Billion End User

Initial Billings Represent Over $720,000 in Annualized Revenues for Quintek

HUNTINGTON BEACH, CA -- (MARKET WIRE) -- April 19, 2006 -- Quintek Technologies, Inc. (OTC BB: QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, today announced that it has completed its roll out to deliver services nationally to a major biotechnology company.

Quintek has successfully expanded services from 1 to 4 sites. Quintek received the additional business after providing services to this company for over six months. Andrew Haag, Quintek CFO stated that, "Revenues from this account are increasing." He added, "We originally stated that revenues from this additional business would grow the account by over 100% to roughly $504,000. The initial billings are coming in well ahead of those projections and indicate that this account alone could represent revenues in excess of $750,000 annually."

Robert Steele, CEO stated, "We are currently delivering services for several multi-billion dollar customers that are leaders in their industry. We are experiencing new corporate interest from business development partners, from current customers and are expanding our customer base."

This represents additional business resulting from the company's business development relationships. Quintek is providing the services through a subcontracting relationship with a business partner currently generating $29 billion dollar in annual revenues The end user of the services is a biotechnology company generating roughly $12 billion a year in revenues, engaged in the discovery, development, manufacture, and marketing of human therapeutics based on advances in cellular and molecular biology.

About Quintek Technologies, Inc.

Quintek Technologies, Inc. (OTC BB: 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 As a next-generation technology company, Quintek is unhindered by outdated information technology systems, and thus is able to deploy best-of-breed solutions in all aspects of BPO. The Aberdeen Group, a provider of IT market intelligence, forecasts 13% annual growth for the BPO industry through 2005, when the market is projected to reach $248 billion.

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%.

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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, 2004 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 of 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


    Quintek Technologies, Inc.

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


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