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For the 2nd Time, Qualtech Systems, Inc., Named One of Connecticut’s Fastest Growing Technology Companies in Deloitte & Touche’s "Fast 50" Program

Wethersfield, CT. September 2002 Qualtech Systems, Inc. has been named to Deloitte & Touche's prestigious "Technology Fast 50" Program for the New England region, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage of growth in fiscal year revenues from 1997-2001.

Qualtech's COO Kevin Cavanaugh credits technical innovation and commitment to customer satisfaction with the company's 155% percent revenue growth from 1997-2001. Kevin said, "Over the years, QSI has conducted many R&D projects and worked hard to understand system fault detection and isolation issues. From this understanding, we’ve developed and commercialized a unique state-of-the art Integrated Diagnostics software tool set. This technology coupled with our ability to form outstanding relationships with our customers is our formula for success. Our customers see QSI as a key enabler to their advanced engineering, diagnostics, support, and after-market service programs."

The average increase in revenues among companies who made the Fast 50 for this region was 794 percent.

"Technology is alive and kicking as evidenced by the tremendous growth rates of the Deloitte & Touche Technology Fast 50 winners. Qualtech Systems, Inc. is honored by being ranked one of the fastest growing companies in the New England region, and a contender for the Deloitte & Touche Technology Fast 500 ranking of one of the fastest growing technology companies in North America" states Dave Carter, Technology, Media & Telecommunications Managing partner, Deloitte & Touche.

To qualify for the Fast 50, companies must have had operating revenues of at least 50,000 in 1997 and 1,000,000 in 2001, must be public or private companies headquartered in Connecticut, and be "technology companies," defined as companies that own proprietary technology which contributes to a significant portion of the company’s operating revenues or devotes a high percentage of effort to research and development of technology.

Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.

About Qualtech Systems, Inc.

Qualtech Systems, Inc. is a leading provider of advanced Diagnostics/Testability, Reliability and Maintenance software, as well as engineering project and research services. QSI provides its software and research services to a wide range of customers including Sikorsky, NASA, Honeywell, Pratt & Whitney, and the U.S. Air Force.

About Deloitte & Touche

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at www.deloitte.com/us. For more information on the Technology Fast 50 and Fast 500 programs, please visit www.fast50.com.