Symbol: "QTEK"              web site : http://www.quintek.com
Exchange: OTC:BB
 

'Revenues for the quarter ended Dec. 31, 2004, rose 314% over the same quarter of 2003.'

Listen to QTEK's Latest Investor Audio Call
View QTEK's Standard & Poors Business Listing

Overview

Quintek Technologies, through its wholly-owned subsidiary Quintek Services, Inc. (QSI), delivers 21st-century Business Process Outsourcing (BPO) services and solutions that enable organizations of any size 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 As a next-generation technology company, Quintek is unhindered by outdated information technology systems, and thus is able to deploy best-of-breed solutions in all aspects of BPO computer applications and Information Lifecycle Management (ILM). Quintek provides a range of mission-critical information and document-management solutions to organizations in document-intensive industries, including government, public utilities, healthcare, insurance, financial, legal, telecommunications and manufacturing. The Company has built steady growth on a strategy of providing superior services and solutions, and continues to exploit the steadily increasing growth in BPO and ILM marketplaces; 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.

Investment Highlights

• Rapid revenue growth outlook projecting triple-digit percentage growth
• Identified sales pipeline totaling nearly $28 million (as of 1Q 2005)
   
• Additional $19 million in 'On the Radar' deals
• BPO is a huge and fast growing industry expected to reach $146 billion within three years
• Solid multi-billion dollar customers with long-term, multi-year service agreements
• History of increasing stock value from 2003 to present
• Strong management team with background in finance, corporate development and specific industry focus
   

Profile

Quintek Technologies, Inc., is a leading provider of Business Process Outsourcing (BPO) services and Information Lifecycle Management (ILM) solutions. Through wholly owned subsidiary Quintek Services, Inc. (QSI), the Company offers highly customized services and solutions, using best-of-breed technology, to a range of organizations, including Fortune 500 and Russell 2000 companies, and public sector organizations.

Over the past several months, the Company has executed a number multi-year service agreements with several Multi-Billion dollar industry leaders within their targeted industries. This is solid validation of the execution of their business plan and the team they have assembled.
 

QSI transforms processes through sophisticated, best-practices workflow solutions that are flexible and scalable for any size company, delivering higher efficiencies and lower overhead. QSI solutions allow customers to focus on their core business while reaping the benefits of QSI's expertise of outsourced, efficient and cost-effective data collection and secured storage solutions. QSI's processes encompass the digitizing, indexing and uploading of source documents and data through customer-specific, rules-based decision making.

The Company's solutions and services enable organizations to provide top information security and management of mission-critical information. The worldwide push to transfer traditional paper-based processes and data into digital solutions is fueling huge growth in the worldwide business process outsourcing market. Outsourcing BPO operations provides substantial, measurable benefits quickly. As a BPO services provider, QSI enables document intensive organizations to improve efficiencies through multi-tiered services offering end-to-end solutions, effectively scaled for specific clients.

Quintek's business model is based on providing industry-wide best practices, skills, and technology that provide access to proprietary workflow systems, process re-engineering skills, and innovative staffing and delivery models, combined with world-class technology delivered by experts. QSI's services allow companies to transfor large upfront fixed costs with heavy costs of operation into more manageable variable.

Industry Drivers

• BPO market expected to grow from $19 billion in 2004 to $146 billion in 2008, representing Compound Annual Growth Rate of 66%
• Paperwork propagation continues to outpace digital technology solutions, fueling continued demand for data capture, transfer and storage
• Government mandated compliance requirements, such as HIPAA and Sarbanes-Oxley, drive need for advanced document and business process management solutions
   

Business Strategy

• Serve unmet market demand as next-generation BPO provider with a national presence that remains scalable to handle small or large contracts
• Achieve rapid revenue growth with sell-through relationships with major sales partners such as FedEx, Kinko's, Iron Mountain and others.
• Attract top experienced BPO professionals and maximize staff retention with more attractive stock option incentives than competitors
• Expand customer base through partnerships with large organizations that provide a complementary BPO solutions
• Provide best-practices for advanced, high-margin BPO services, including Level Two and Level Three services involving complex data capture from multi-page forms, managed by professionals trained in specific customer industries
   

News Releases

• Quintek Sales Pipeline Expands More Than 200 Percent to $27.9 Million With an Additional $19 Million in 'On the Radar' Deals
PrimeZone Media Network (Fri, Mar 18)
 

• Quintek to Present at the National Investment Banking Association Conference (NIBA) February 24th and 25th in Miami
PrimeZone Media Network (Tue, Feb 22)
 

• Quintek Technologies CEO Discusses Company's Recent 314% Quarterly Increase in Revenues with WallStreetAudio.com
PrimeZone Media Network (Fri, Feb 18)
 

• Quintek Technologies Discloses Detailed Analysis of Company's Recent 10Q Filing
PrimeZone Media Network (Wed, Feb 16)
 

• Quintek Technologies Revenue Increases 314% for Quarter Ending Dec. 31, 2004
PrimeZone Media Network (Tue, Feb 15)

• Technology Industry Veteran to Join Quintek Advisory Board
PrimeZone Media Network (Tue, Feb 8)
 

• QSI to Market Automated Accounts Payable Solution for Fortune 500 and Russell 2000 Companies
PrimeZone Media Network (Wed, Feb 2)
 

• Quintek Sees Strong Growth in 2005
PrimeZone Media Network (Tue, Jan 11)
 

Management Team


 

Chairman & CEO-Robert Steele

Mr. Steele assembled and led the team that created iBrite, Inc. a wireless / mobile software company, where they raised two rounds of financing and established contractual partnerships with AOL and Global Knowledge. Prior to that, Mr. Steele and two co-Founders, grew CADD Microsystems, Inc., (CMI) to be the number-one provider of Computer Aided Design (CAD) software, training and consulting services to the Federal Government. Mr. Steele has sold and managed systems integration and consulting projects for the design, engineering departments and information management departments of major clientele such as; ABB, Lucent Technologies, The Marmon Group, Federal Aviation Administration (FAA), General Services Administration (GSA), and the National Reconnaissance Office (NRO).

President-Bob Brownell

Brownell brings over 25 years of industry sales and management experience to Quintek. His primary goal is to recruit and organize a highly talented team of sales professionals to positively impact revenues from new lines of business.

Most recently, Brownell served as Senior Vice President, of ImageMax, Inc, (OTCBB:IMAG) directing their Western Region sales and production efforts. Brownell also led and assisted with negotiations between ImageMax and a number of strategic partners that supported sales, offshore BPO, VARS and integrators. Brownell has also served as Regional Vice President for LASON Systems, Inc., a $500 million dollar international sales organization.

Prior to LASON, Brownell was Vice President of Worldwide Channel Sales for Document Control Solutions, Inc., where he was responsible for directing the company’s sales and marketing, administrative infrastructure, project managers and sales engineers.

Brownell was previously named as FileNet Dealer-of-the-Year for exceeding assigned quota in the Southwest Region.


CFO-Andrew Haag

Mr. Haag has over 10 years experience in the investment banking industry. Mr. Haag began his career on Wall Street at Drexel Burnham Lambert in 1987. Mr. Haag established a West Coast presence for Auerbach, Pollock & Richardson a small-cap investment bank. Mr. Haag assisted in the development of the firm, attracting and referring new hires and clients to all offices, set up and managed road shows and assisted in the structuring and funding of offerings for corporate clientele. Mr. Haag has advised and assisted numerous small public and private companies in securing more than $50 million in capital.