Barrack Rodos Files Class Action Lawsuit Against Quintus.

Business Editors/Legal Writers

PHILADELPHIA--(BUSINESS WIRE)--Dec. 13, 2000

Counsel for Class Plaintiff, Barrack, Rodos & Bacine, today issued the following:

A class action has been commenced in the United States District Court for the Northern District of California on behalf of all persons who purchased the common stock of Quintus (NASDAQ:QNTSE) ("Quintus" or the "Company") between November 15, 1999, and November 15, 2000, inclusive (the "Class Period").

To sign up online: http://www.barrack.com/NewCases/NewCases.htm.

The complaint charges Quintus and certain of its officers and directors with violations of the Securities Exchange Act of 1934. The complaint alleges that during the Class Period, defendants issued a series of false and misleading financial statements and press releases concerning Quintus's publicly reported revenue and net income.

These materially false and misleading statements allowed the Company to engage in a number of acquisitions in which it acquired target companies in exchange for Quintus stock. Such acquisitions would have been impossible without the Company's artificial inflation of its stock price.

On November 15, 2000, Quintus shocked the investment community when it announced that it would delay filing its Form 10-Q for the quarter ended September 30, 2000, pending completion of an "investigation of revenue and accounts receivable for that period."

The Company further stated that "(a)mong the issues under review is Quintus' statement, on October 17, 2000, that it had collected a receivable from an outsourcing company. Subsequent to that announcement, it has become unclear whether funds received by Quintus, apparently in satisfaction of that receivable, were in fact paid by or on behalf of the outsourcing company."

The Company also announced that it had placed Chief Executive Officer and Chairman of the Board of Directors Alan Anderson on administrative leave and had hired PriceWaterhouseCoopers LLP to investigate these financial reporting matters.

Upon that announcement, the price of Quintus stock fell by 50% before NASDAQ halted trading in Quintus stock and requested more information.

The plaintiff seeks to recover damages on behalf of all purchasers of Quintus securities during the Class Period. He is represented by the law firm of Barrack, Rodos & Bacine, which has extensive experience in prosecuting investor class actions involving financial fraud. Barrack, Rodos & Bacine has prosecuted securities, antitrust and consumer class actions for over 20 years.

The firm has offices in Philadelphia, San Diego, New York, Boston and New Jersey and has been designated lead counsel by federal and state courts across the country in large, complex securities class actions, including those against Cendant Corp. (the largest securities class action in United States history), McKesson HBOC, Inc., Informix Corporation, Sunbeam Corporation and hundreds of others.

For more information about Barrack, Rodos & Bacine, please visit their website at www.barrack.com.

If you are a member of the Class described above, you may, no later than January 15, 2001, move the Court to serve as lead plaintiff of the Class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements.

If you wish to discuss this action or have any questions concerning this case or your rights or interests, please contact Maxine S. Goldman, Shareholder Relations Manager, at Barrack, Rodos & Bacine, 3300 Two Commerce Square, 2001 Market Street, Philadelphia, PA 19103, at 800-417-7305 or 215-963-0600, fax number 888-417-7306 or 215-963-0838 or by e-mail at [e-mail].