Deer Park, N.Y., Wednesday, January 31, 2001 -, Inc. ("QuesTec"), (OTCBB Stock Symbol: QSTI), announced that the Company’s Board of Directors met during the weekend of January 27th, to discuss the company's current status and future plans. The Board established clear business strategies and principles as they relate to business development, operating efficiency, managerial tasks, product pricing, debt reduction and investor relations. Select Members of the Board have now taken active roles in the Company’s day-to-day operations.

Symbolic of this "get tough" approach, the Board elected Steven B. Greenfield Esq., as QuesTec’s new Chairman of the Board. Mr. Greenfield, a long-time investor and advocate of the Company and its technology, summed up the meeting: "This is an opportune time for QuesTec, and we will explore every avenue that can help us achieve success. Our products are the best and we plan to deliver that message to anyone and everyone that will benefit from what QuesTec has to offer."

QuesTec founder, Edward J. Plumacher, said of the meeting: "There is a new vitality at QuesTec. We have established an unprecedented commitment to growth in the company and have set clear directives that will expand our technology leadership into market leadership. The diversity and depth of our new Board of Directors has proven to be an invaluable resource, and creates the right formula for the Company’s success."

QuesTec is a content-oriented company that provides real-time measurement, replay and analysis products for sports, entertainment and digital media. The company develops real-time virtual replays and eSports technology for mainstream professional sports. QuesTec's technology offers unique content to the convergence of today's emerging digital media.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995. The statements contained in this release which are not historical facts, including our outlook on the future performance of our core businesses and our growth strategies, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial markets, dependence on existing markets and other risks described in the Company's Securities and Exchange Commission filings.


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