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Message #3
From: Stock News Bot
Date: December 12, 2004 06:04:06 PM

Quintek Technologies QTEK, News Message Board

QSI Signs Agreements to Provide an Estimated $6.3 Million in BPO Services (PRIMEZONE) -- Quintek Technologies, Inc. (OTCBB:QTEK) announced today that it's QSI division has executed Statements of Work for long term master service agreements with customers that are estimated to generate over $6.3 million in revenues over the next 3-5 years. The clients Quintek will be servicing are multi-billion dollar corporations with national and international operations. Quintek will be providing a wide range of integrated services that are designed to decrease internal labor costs and inefficiencies while enhancing customer service and reporting requirements. In less than seven months, the company has signed a number of strategic teaming agreements with vertical centric integrators and consultants specializing in financial, insurance and healthcare vertical markets. Bob Brownell, President of Quintek stated, "This is the fastest start I have experienced for a new startup division. New clients have commented that their selection of QSI was primarily based on our professional knowledge of the business and quality of the technical response." He added, "It is clearly a testament to the handpicked team that has been assembled here and the quality of services we are delivering to the marketplace." Robert Steele, CEO of Quintek commented, "The long term service agreements we are executing and the quality of our partners will be the driving force for the growth of this business." He added, "The increase in financial commitments from investors and customers is a testament of the rapid growth that is occurring within this company and the potential that exists in this industry." About QSI QSI delivers Business Process Outsourcing (BPO) services and Information Lifecycle Management (ILM) solutions to document intensive industries such as government, public utilities, healthcare, insurance, financial, legal, telecommunications and manufacturing. The solutions and services the Company provides enable organizations to secure and manage their information and document business processes more efficiently. The Aberdeen Group, a provider of IT market intelligence, forecasts 13 percent annual growth for the BPO industry through 2005, when the market is projected to reach $248 billion. More information is available at www.quintek.com

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