SAN DIEGO, June 1, 2004 (PRIMEZONE) -- Craig Hath, FedEx Kinko's Regional Vice President, California, announced today that FedEx Kinko's, a division of FedEx Corp. (NYSE:FDX) has selected Quintek Services, Inc. (QSI), a wholly owned subsidiary of Quintek Technologies, Inc. (OTCBB:QTEK) as their preferred Document Imaging & Document Scanning partner for Kinko's Western Region. QSI is a full service solution provider of Document Scanning Services and Business Process Outsourcing (BPO). Quintek's Senior Leadership Team has over 50 years experience in delivering Digital Scanning and Electronic Document Imaging Solutions to Corporate America at the Departmental and Enterprise levels.
Craig Hath, FedEx Kinko's Regional Vice President, California, stated, "We are very excited about our relationship with QSI and the deep competence and ability of their people to deliver total solutions to customers. In a document intensive environment, FedEx Kinko's customers can augment the capabilities of QSI and FedEx Kinko's to reduce hard copy paperwork by digitizing and electronically automating documents. The partnership also allows the two companies to offer back office outsourcing arrangements when a customer cannot maintain in-house accuracy and efficiency."
Bob Brownell, QSI's President stated, "FedEx Kinko's is an integral partner of QSI's overall end to end document management solution. FedEx Kinko's commitment to quality and service made them an easy choice as a strategic business partner. QSI's business development strategy will primarily focus on active document digitizing as well as back-file conversions in the insurance, healthcare, government and financial market space. Our C2G (cradle to grave) approach to these business sectors will provide clients a "single source" partner by combining back office outsourcing solutions, professional services and document conversion services."
QSI's Service Offerings Include:
* High Speed Scanning at Client Site or QSI Production Center * Domestic/Offshore Data Entry, OCR, and Indexing * ASP Hosting of Scanned Images * In House Imaging Solutions (Hardware, Software, and Services) * Mailroom Outsourcing (Inbound)
About Quintek:
Quintek Technologies, Inc. has been a manufacturer of hardware and software and a service provider to the corporate and public sector markets since 1991. The Company's new division, Quintek Services Inc. (QSI) delivers Business Process Outsourcing (BPO) services and Information Lifecycle Management (ILM) solutions to document intensive industries such as public utilities, healthcare, insurance, financial, legal, telecommunications and manufacturing.
The solutions and services QSI 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. For more information, please visit www.quintek.com.
About FedEx Kinko's Office and Print Services
FedEx Kinko's, a division of FedEx Corp. (NYSE:FDX), Office and Print Services is the world's leading provider of document solutions and business services. Its global network of more than 20,000 team members and 1,200 digitally-connected locations offers access to technology for color printing, finishing and presentation services, Internet access, videoconferencing, outsourcing, managed services, Web-based printing, document management solutions and the full range of FedEx day-definite ground shipping and time-definite global express shipping services. Dallas-based FedEx Kinko's Office and Print Services has locations in 10 countries. For more information, visit www.kinkos.com.
"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.
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The Fed-Ex Kinkos company logo can be found at: http://www.primezone.com/newsroom/prs/?pkgid=1060