Record Revenue Increase To Be Reported By QuesTec

Management Forecasts 130% Increase For Fiscal Year End

Deer Park, N.Y., Monday, August 13, 2001 - QuesTec, Inc. (OTCBB Stock Symbol: QSTI) announced today that it would report a significant increase in revenues for the Company’s fiscal year ended June 30, 2001, as well as for its upcoming first quarter.

Management forecasts that the Company will report revenues in excess of $700,000 for the fiscal year ended June 30, 2001, a 130% increase over the Company’s fiscal year ended June 30, 2000. In addition to its fiscal year end forecast, QuesTec management also reported that revenues for first quarter, September 30, 2001 would meet or exceed revenues reported for fiscal year ended June 30, 2001. This increase was attributed to advertising revenues generated by the Company’s PitchTrax virtual replay technology provided exclusively to FOX Sports Net, and the Company’s recently announced 5-year contract with Major League Baseball to develop, install and operate their Umpire Information System.

"Since we reported our re-organization last February, we have been able to exploit the strength and experience of our new management team. Our recent efforts and contracts clearly validate the marketability of QuesTec’s technology, " said Steven B. Greenfield, Esq., Chairman of the Board for QuesTec. "Since February, we have signed contracts with a minimum of $1.7 million in revenue, with options that could increase the value to $5.0 million. In addition, we have now established "PitchTrax" as a viable, stand-alone advertising medium." Mr. Greenfield further stated that, "We are extremely excited to announce that the state of the Company is very strong. We have increased revenues by 130%, significantly reduced company debt, and implemented programs to improve operating efficiency, which have reduced operating expenses. The result is that the Company is financially sound and poised for continued growth and success. By maintaining our now proven business model and principles to an ever growing number of applications and opportunities, management expects to sustain its financial growth, creating a profitable and successful company unparalleled in its industry. Management expects to now be able to capitalize on the growing recognition of the Company's products, through the public dissemination of the growing positive financial condition of the Company. As a group, we have managed to define and execute our previously announced goals and objectives for the Company. This is an opportune time for QuesTec, and we will continue to explore every avenue to achieve success."

QuesTec’s products use a series of cameras, computers and proprietary software technology to track moving objects (such as balls or players) and instantly reconstruct digital 3D images which can be replayed in real-time, viewed from any angle, compared and analyzed. QuesTec’s unique digital video content has been broadcast and used for analysis during coverage of such high-profile sporting events as the World Series, the Major League Baseball All-Star Game, the French Open, the ATP World Championships and World Cup Golf. The Company’s PitchTrax product is currently licensed exclusively to the FOX Channels Group as "in-game enhancement" during live television broadcasts of Major League Baseball games. PitchTrax appears as a sponsored feature during FOX Sports Net productions.

QuesTec, a fully reporting public company, 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.

Press releases and other QuesTec information are available on the QuesTec web site

For more information about QuesTec, Inc., contact Ron Klimkowski at (631) 243-1880 or email

``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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