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To: Taki who wrote (115261)	5/28/2003 9:14:31 AM
From: Taki	Respond to of 150070

QTEK,some news.(InternetWire)Quintek Technologies, Inc. Meets Internal Sales Forecasts Quintek Technologies, Inc. Meets Internal Sales Forecasts CAMARILLO, CA -- (MARKET WIRE) -- 05/28/03 -- Quintek Technologies, Inc. (OTC BB: QTEK) announced today that it has met the internal sales forecasts set by new management at the beginning of 2003. The internal sales forecasts are part of a sales and marketing plan primarily created by Mr. Robert Steele, Quintek's new Chairman and CEO. Mr. Steele commented, "Accurate forecasting is crucial in effectively growing any business. When Quintek's management created the Company's new business plan, we set very specific goals. One of those goals was to reach an initial sales target of three (3) units within the first 90 days." Steele continued, "Although we were outside of our time frame by a few days, we are all very pleased that this goal has been met." Steele further commented, "In the calendar year 2002 Quintek sold a total of seven (7) units. The fact that we were able to achieve almost 50% of the prior 12 months sales figure in roughly 25% of the time, proves that our restructuring is having a positive impact." Steele added, "Meeting our initial internal projections makes us very comfortable with our longer term forecasts for the company and reinforces our assumptions about this industry." Steele concluded, "We are looking forward to a banner year at Quintek and anticipate strong growth in the years to come." About Quintek Quintek is the only manufacturer of a desktop microfilm printer. 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 $2.4 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 $50,000. 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. Contact: Andrew Haag, Quintek Technologies, Inc Phone: 805-383-3914, ext. 14 Email: ahaag@quintek.com Contact: Todd Gilligan, Cinapsys, Inc. Phone: 714-542-2785 Email: todd@cinapsys.com * end of story *