QUALTECH SYSTEMS, INC. (QSI) ANNOUNCES A SUCCESSFUL YEAR 2007

 

Wethersfield, CONN. (January 23, 2008) Qualtech Systems, Inc. (QSI), a recognized leader in advanced diagnostics and system health management software solutions, today announced that it has just completed an outstanding year in 2007 and is well positioned to continue its rapid growth and expansion into new markets in 2008. QSI’s success in developing diagnostic software solutions that are proven, mature and highly sought after by commercial enterprises has resulted in the company’s decision to transition its business mix from consulting and engineering services to software products.   This decision has further fueled the company’s significant growth in revenue and new product sales.

According to QSI’s President and Chief Technology Officer, Somnath Deb, Ph.D.,“2007 was a breakthrough year for Qualtech. Over the years, we have developed some great products and technology working with NASA and the aerospace industry, but last year we finally turned our attention to sales and marketing. The results speak for themselves – 30% growth in revenue, powered by new product sales to NASA (site licenses), Lockheed Martin (LM), Honeywell (HON), BAE, NUWC and GM – to name a few. From rockets and spacecraft (Aries and Orion) to manufacturing of high-tech equipment (semiconductor OEMs) to transportation (cars, buses and submarines) - wherever downtime costs money – we have found new customers.”

Originally founded as a research company dedicated to offering consulting and engineering services to NASA, aerospace companies and the military, QSI began to develop diagnostic software as part of each project.  A decade of collaboration has produced a suite of software known as TEAMS™ (Testability Engineering And Maintenance System).  The software suite consists of four primary software tools that support systems engineering, systems design and testability, automated diagnostics and troubleshooting, and system autonomy.  These tools are: TEAMS Designer™, a tool used in static design/analysis phases of complex systems; TEAMS RDS™ (Remote Diagnosis Server), an application that can support multiple simultaneous diagnostic sessions from a variety of remote systems;  TEAMATE™, a self-contained untethered laptop capable of performing all the diagnostics without any connectivity back to the host server; and TEAMS-RT™, a real-time diagnostic engine that provides diagnostic functionality for integrated vehicle health systems on board a flight vehicle or embedded into a run-time architecture which translates results from diagnostics, automatic tests, and tests conducted by the technician into clear instructions.

QSI’s diagnostic toolset is, for example, an integral part of NASA’s Project Constellation.  In 2005, NASA sponsored the development of an environment for analyzing the supportability characteristics of the various vehicles and systems planned for development within the Exploration Systems Mission Directorate.  Its purpose is to create a new generation of spacecraft for human spaceflight, spacecraft that will be capable of performing a variety of missions ranging from space station resupply to lunar landings.  Project Constellation’s ultimate objective is to establish an outpost on the Moon and lay the foundation for future explorations of Mars and beyond by the middle of the 21st century. 

After collaborating on Project Constellation, QSI enhanced its software capabilities and adapted its products for the business and technical requirements of large-scale commercial operations.  The TEAMS software is effective in a wide variety of industries, including transportation systems, medical equipment, factory and industrial systems, telecommunications, computer systems, and refinery (oil and gas) systems. The company found that it could customize solutions for customers and implement them into existing infrastructures and workflow, enabling every technician to perform to the same high standard, while maximizing the customer’s return on investment. 

The software Qualtech produces is now becoming highly sought after by major companies and is an integral part of critical, innovative projects that receive international attention. Some of the companies that utilize Qualtech software include Lockheed Martin, Honeywell, BAE and General Motors.  For example, Lockheed Martin, selected by NASA as the prime contractor for the design and development of its Orion Crew Exploration Vehicle (CEV), and Honeywell, which will develop much of the CEV system management software along with NASA personnel, will be embedding QSI’s TEAMS-RT in Orion’s on-board computers.  The QSI software will pinpoint the root cause of any failures during flights of the new multi-billion dollar spacecraft in real-time and support the operation of CEV, the actual crew capsule that will transport up to six crew members on re-supply missions to the International Space Station, lunar missions, and deep space travel to Mars and beyond.

Dr. Deb continued, “We all know computers can now beat Grand Masters in Chess, yet our biggest challenge is convincing our potential customers that with our software, every technician can perform like an expert. The irony is, in independent tests, technicians guided by our solution actually outperformed experts by a wide margin.  We fully expect our growth and success to continue in 2008 and beyond.”

About Qualtech Systems Inc.

QSI’s Intelligent Software Solutions enable OEMs and Service and Maintenance organizations to reduce the design, development, support time and costs associated with complex, and critical equipment and systems. QSI's Intelligent Software Solutions empower and enable OEMs and Service and Maintenance organizations to provide the highest quality of service economically by significantly reducing troubleshooting time and increasing the level of equipment availability.

QSI Equipment Health Management and QSI Integrated Diagnostics solutions are proven, mature and deployed worldwide. Some of QSI customers include NASA, Boeing (BA), FEI Company (FEIC), Honeywell (HON), Lockheed Martin (LMT), KLA-Tencor Corporation (KLAC), Orbotech Ltd. (ORBK), and United Technologies (UTX).  The company’s quality management system is certified to ISO9001:2000 standards.

Founded in 1993, QSI is a privately owned company, based in Wethersfield, CT with representatives in China and Israel. QSI has received awards from NASA and Aviation Week and Space Technology.

 

For more information visit http://www.teamqsi.com

 

Contact:

Jas Singh

860-257-8014 x 1122