HUNTINGTON BEACH, Calif., March 23, 2005 (PRIMEZONE) -- Quintek Technologies, Inc. (OTCBB:QTEK), a provider of 21st-century Business Process Outsourcing (BPO) and document-management services that raise efficiency and lower costs for data-intensive industries, announced today that has added David Lequeux to its business development team. The hiring is part of the Company's overall growth plan to expand its sales and marketing staff to meet the projected sales goals of its Quintek Services Inc. (QSI) division.
Mr. Lequeux, an experienced sales professional with a proven record of quota achievement in complex technical sales in a number of areas, will serve as an executive sales representative in charge of new business. He will focus on extending Quintek's reach and client contacts in the large and potentially lucrative health care industry.
"David has proven himself in several environments to be a superior business asset. He brings Quintek the kind of experience and talents that will help us develop new clients and further relationships for our BPO and document management services," said Robert Steele, CEO of Quintek. "In particular, we believe his expertise in the health care industry will serve as a strategic advantage for Quintek as we extend into the health care industry and continue to increase our sales pipeline."
Quintek recently announced growth of its sales pipeline by more than 200% to $27.9 million, with an additional $19 million in "on the radar" deals.
Mr. Lequeux's career focus has been on business process solutions for leading health insurance companies From September 2002 through November 2004 Mr. Lequeux served with Newbridge Information Services, Inc., a Dallas-based health care information services company offering complex composition, document distribution and management solutions. On September 24, 2004, Newbridge was acquired by Docucorp International, a leading provider of enterprise information solutions.
While at Newbridge, Mr. Lequeux facilitated efforts to retain several major new accounts, including Horizon Blue Cross, Blue Shield, Magnacare, Greatwest, and many others. Prior to his work at Newbridge David was a New Account representative for Xerox Corporation, where he exceeded quota each month and was the winner of the prestigious "Top Salesman" award for leading quarterly sales record achievement.
About Quintek Technologies Inc.
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. For more information, visit http://www.quintek.com. For more investor-specific information, including daily and historical Company stock quote data and recent news releases, please visit http://www.trilogy-capital.com/tcp/quintek. To read or download the Company's Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/quintek/factsheet.html.
Safe Harbor Statement
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, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.