Business Editors

PITTSBURGH----Quantapoint today
announced that it has surpassed 600 successfully completed laser
scanning projects. Before
Virtusa, he headed QA at Baan, one of the leading ERP companies. The company, backed by
WestBridge Capital Partners, is headquartered in Philadelphia, Pa. and
maintains state-of-the-art testing centers in Lindon, Utah and Hyderabad ,
India. For more information, visit http://www.com applabs@schwartz-pr.

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Mike holds an MBA with an emphasis
in Technology Management and a BA in Computer Information Systems .

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For more information, please visit our
website at www. Mike's 17 years of industry experience
include roles in senior management, product management, system
integration and quality assurance.

* Nitin Chowdhary leads AppLabs' business development efforts outside the
U. His experience spans 14 years in engineering,
management, sales support, marketing and strategic planning for
companies such as GE Aircraft Engines and Cadence Design Systems .

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Quantapoint's significant experience includes major international
projects (from the Americas to the Far East), industrial projects
(such as refineries, offshore platforms, chemical facilities and
nuclear power plants), and architectural projects (including the
Museum of Modern Art, the Parthenon and the Smithsonian Institute). The new
appointments collectively bring over 75 years of management experience in the
IT industry and reflect the growing global demand for AppLabs' software
services.

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Previously, Gene was at Ernst + Young and Price Waterhouse.

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Recent
industry consolidations have helped reconfirm the inherent strengths
and competitive advantages of our integrated business model.
At KeyLabs, he managed the company's relationships with Fortune 500
customers such as American Airlines, Hitachi Data Systems, Intel,
Novell and Sun Microsystems .

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com

"As AppLabs continues to grow organically and through strategic
acquisitions , we have redoubled our commitment to quality and providing
customers with the best technical resources available," remarked Sashi Reddi,
CEO of AppLabs. Previously, he was director of North
America channel marketing at Novell, accountable for $300 million in
revenue annually. Customers include American
Airlines, InstallShield, HP, Novell and SAP.

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"
Added Tom Greaves, Senior Analyst at Spar Point Research LLC, "In
a market where service providers are considered experienced when they
have a dozen or more projects behind them, Quantapoint's execution of
six hundred projects makes it the one of the most, if not the most,
experienced service provider we're aware of."

New appointments to the AppLabs' management team include:

* Mike Fahnert, executive vice president of client services, joins the
company following its acquisition of KeyLabs , which he founded in 1998
and grew into the premier certification and hardware testing provider .

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We congratulate
Quantapoint for reaching this important milestone and wish them
continued success .

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With more than 600 projects, Quantapoint has
become the acknowledged industry benchmark for trust and accuracy.

* Gene White joins as director of finance and corporate services.

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"

About Quantapoint

Quantapoint, Inc.

Press Contacts:
Sashi Reddi Chantal Yang/Amy Burnis
AppLabs Technologies Schwartz Communications
215-569-9976 781-684-0770
sreddi@applabs.

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publishings tietz

bajaj grzybowski

Quantapoint Surpasses 600 Laser Scanning Projects; Reinforces Position as The Most Experienced and Trusted Provider of As -Built Laser Documentation

This major milestone reinforces Quantapoint's
position as the most experienced and trusted provider of as-built
laser documentation(TM) to the processing, power and architectural
industries. As vice president of business development and marketing, Nitin is
responsible for driving business development and marketing efforts in
Europe and India , as well as managing the existing customer base in
these markets.

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provides the world's most trusted and accurate
as-built laser documentation to the processing, power and
architectural industries .

AppLabs Technologies Expands Global Management Team

market.

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Seasoned Executives Bring 75+ Years Experience and Strong Track Record in
Driving Global Sales and Marketing

PHILADELPHIA, AppLabs Technologies, a global
software testing and development services company , today announced the
addition of five industry veterans to its global management team. David graduated magna cum laude from BYU-Hawaii with
a major in Information Systems and a minor in Business Management. AppLabs is one of only a handful
of software testing experts to have achieved SEI CMM Level 5, the highest
quality standard attainable in software engineering.

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Prior to AppLabs, Madhu was with
Virtusa where he ran the financial services and ISV service delivery
groups for both development and QA, managing over 650 engineers. "We
remain committed to delivering the highest level of service quality to our
customers and to being a key partner in their success. I am pleased to be a
part of this talented team and look forward to contributing to AppLabs' long-
term growth and success.

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quantapoint.

* David Reeves comes to AppLabs from KeyLabs, where he was vice president
of business development.com.

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"With these key executive appointments , we have the right team
in place to manage our expanding worldwide operations, enhance service
delivery and launch into new vertical markets. Nitin
holds an MBA from INSEAD in France and a BA in Computer Science from MS
University of Baroda in India.S. He joins AppLabs from KeyLabs where he served as
chief financial officer for eight years.

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By combining laser
scanning hardware , software, processing and delivery, we help ensure
both high quality and responsiveness to customer needs. He started KeyLabs following a
successful career at Novell, where he gained his extensive expertise in
quality assurance and certification. He received
a bachelor's in Accounting and a master's in Accountancy from Brigham
Young University.

"The global software testing services market is on a growth curve, and
AppLabs is strongly positioned to capture a substantial portion of this
opportunity," said Mike Fahnert, executive vice president of AppLabs."

About AppLabs Technologies
AppLabs Technologies is a global IT services company specializing in
software testing and development, with an emphasis on quality assurance,
performance, certification and hardware testing.

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"This milestone reflects our commitment to customer satisfaction,
which has provided Quantapoint with a solid reputation and a
leadership position in as-built laser documentation ," explained Eric
Hoffman, CEO of Quantapoint. In his new role as vice president of strategic
sales, David will manage revenue generation within strategic named
accounts and business partnerships.

* Madhu Murty Ronanki is vice president of technical services with
responsibility for all service support and project operations in India.

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Quantapoint has also managed complex as-built documentation efforts,
including multi-refinery clean fuels programs and entire offshore
platforms - from sea level to helideck.
Quantapoint's unique combination of advanced technology, experienced
and highly trained field crews, proven and repeatable work processes,
and next generation software have helped customers reduce construction
rework to less than 1% of total installed cost with a greater than 10
times return on investment. He brings 12 years of direct and
channel sales, marketing and partner development expertise to AppLabs. Gene's accounting and finance
experience spans both large multi-national firms and small startups.

This category contains individual resumes of Management professionals, from students to well-known established executives .

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S.
Madhu brings 16 years of experience in software development and
testing, as well as extensive consultancy and line management skills
across a variety of industries. He is
responsible for all finance, human resources and administration
activities in the U.applabs.

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Overall, Quantapoint's
experience includes hundreds of processing facilities and more than
130 educational institutions, 50 religious structures, 40 cultural
sites and 30 office buildings . "Our success is based on our unique
integrated 'turnkey' laser scanning solution.
His responsibilities include worldwide client management and service
delivery in the U.com