CAMARILLO, Calif., March 30, 2004 (PRIMEZONE) -- Quintek Technologies, Inc. (OTCBB:QTEK) announced today that it has brought on board Mr. Chris de Lapp as senior account executive.
From 1995 to 2002 de Lapp served as Senior Business Development Manager for Affiliated Computer Services, Inc. (NYSE:ACS), a $6.5 billion dollar provider of Business Process Outsourcing (BPO) and Information Technology (IT) solutions. In his last 5 years with ACS, Mr. de Lapp averaged $2.75 million a year in sales, consistently exceeding his sales quota.
Quintek intends to add up to an additional 35 sales representatives over the next 24 months. The Company's planned sales expansion began on March 16, 2004 when it was announced that senior industry sales executive, Bob Brownell, was hired as President.
Brownell commented, "The hiring of Mr. de Lapp is the first step in building our national senior sales team to effectively grow Quintek's "Business Process Optimization" outsourcing services." He added, "We will continue to add qualified sales professionals on a national scope to meet our aggressive sales objectives while servicing the demands of the BPO market space. Brownell ended, "It is my job to orchestrate Quintek's North American expansion of services while attracting the industry professionals needed to consultant with the document-intensive business community."
About Quintek
Quintek is the only manufacturer of a chemical-free desktop microfilm solution. The company currently sells hardware, software and services for printing large format drawings such as blueprints and CAD files (Computer Aided Design), directly to microfilm. Quintek does business in the content and document management services market, forecast by IDC Research to grow to $24 billion by 2006 at a combined annual growth rate of 44%. Quintek targets the aerospace, defense and AEC (Architecture, Engineering and Construction) industries.
Quintek's printers are patented, modern, chemical-free, desktop-sized units with an average sale price of over $65,000. Competitive products for direct output of computer files to microfilm are more expensive, large, specialized devices that require constant replenishment and disposal of hazardous chemicals.
"Safe-Harbor" Statement under the Private Securities Litigation Reform Act of 1995
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, 2002 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.