Quantapoint Celebrates 15 Years of Helping Companies Improve Business Results and Meet Project Goals; A History of Growth and Innovation for the Recognized Industry Leader in As-Built Documentation(TM) Using Laser Scanning.

PITTSBURGH -- Quantapoint today announced that 2006 marks its 15th anniversary of helping companies improve business results and meet project goals. Quantapoint helps clients reduce risk and improve performance by providing more complete information for business and project decisions using as-built laser documentation(TM). The result is an 80% reduction in data collection time and rework, along with improved asset management.

According to Eric Hoffman, CEO, "Quantapoint has always been an industry leader and innovator. Our 15th anniversary year will continue this trend with even more innovations, such as the upcoming Mark VI 3D laser measurement technology, which will enable us to significantly enhance our as-built documentation service offering, and the integration of our 3D laser models with 3D CAD programs from Intergraph and AVEVA. We will also continue to grow through domestic and international expansion, such as the recent hiring of sales personnel in the U.S. Gulf Coast and addition of representatives in South Africa and South America."

Originally named K2T, Quantapoint has demonstrated significant growth, having successfully completed nearly 700 existing condition or "as-built" documentation projects both within the U.S. and around the world. This includes projects of all sizes in more than 130 educational facilities, 70 offshore platforms, 60 religious structures, 50 refineries, 40 process/power facilities and 30 government buildings. Quantapoint's customer focus has resulted in very high ratings for customer satisfaction and a number of awards, which most recently include the Communicator Award and Pittsburgh 100 Fastest Growing Companies.

Quantapoint has also led the way in innovation for existing condition measurement technology, such as creating the first 360 degree laser scanner, the first software for displaying and extracting dimensional information from photo-realistic laser scan images, and the first technology for integrating laser scan data into interactive 3D laser models(TM). This has led to a number of awards, including the Pittsburgh Technology 50, Discover Magazine Innovation Award Finalist and most recently an R&D Magazine 100 Most Innovative Products of the Year.

About Quantapoint

With nearly 700 successful projects, Quantapoint, Inc. is the world's most experienced and trusted provider of as-built documentation using laser scanning for the offshore, power, process and architectural markets. Quantapoint is an industry leader and innovator, holding several key technology patents. Quantapoint as-built laser documentation provides more accurate and complete information for design, fabrication and construction decisions, including accurate dimensional fit-up, pre-fabrication and clash detection. The result is reduced costs, optimized schedules, increased quality and improved safety, with project rework being reduced by more than 80%, among other benefits. For more information, please visit our newly redesigned website at www.quantapoint.com.