SOURCE: Quintek Technologies, Inc.

August 16, 2007 07:00 ET

Quintek Offering National Service Coverage

Company to Provide Extended Maintenance and Service Contracts

HUNTINGTON BEACH, CA--(Marketwire - August 16, 2007) - Quintek Technologies, Inc. (OTCBB: QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, announced that it is offering national coverage for extended maintenance and service contracts. This service will be offered to its customers through a recently executed agreement with a corporate partner. The Company will provide this service for over 50 manufacturers including: Kodak, Xerox, Kofax, EMC and dozens of others and will be delivered by an award-winning, certified / trained network of engineers over 1,200 strong nationally.

Quintek will benefit from the recurring revenue stream of a strong margins service business. Customers will have access to additional services, completing the end-to-end solution for them, and will make managing assets easier. This type of service benefits both the customer and QSI by developing a long-term relationship through continuous contact with QSI as the trusted partner.

James Kernan, Quintek CEO, stated, "Quintek is pleased to be able to offer these services to our customers as we grow and increase our footprint across the nation. The complementary add-on service to our existing core competencies is a natural fit for us. Our customers have been asking for these types of asset management services and now have the ability to get this in one contract through one company... Quintek." Kernan added, "This will be a great benefit to Quintek and our customers alike. The Company is seeing trends indicating that the growth it has experienced recently should continue."

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 As a next-generation technology company, Quintek is unhindered by outdated information technology systems, and thus is able to deploy best-of-breed solutions in all aspects of BPO.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, 2007 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