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FOR IMMEDIATE RELEASE
September 27, 2002 QSENT WINS OREGON ENTREPRENEURSHIP AWARD Named the Working Capital Company of the Year Portland, Ore. - Qsent, Inc., the leading Contact Accuracy Services provider, was named the Working Capital Company of the Year on Thursday by the Oregon Entrepreneurs Forum. Qsent was recognized for best performance by an early stage company that has demonstrated market acceptance. Qsent's iQ411sm service uses real-time telephone company records to help businesses control fraud, ship packages to the right location, and power enterprise processes with the high level of accuracy necessary to make confident economic decisions. Obsolete or inaccurate contact information is costly for business in directory assistance expenditures, lost opportunities, and customer satisfaction. "The OEF is a great supporter of Oregons entrepreneurial community. We are honored to be chosen for this important award," said Patrick Cox, Qsent CEO. "In the true spirit of entrepreneurship, the Qsent team has taken an idea and turned it into a successful and growing business where we try every day to deliver greater value to our customers." The working capital category consisted of companies that have raised equity from venture capitalists, begun to generate revenues and are on a growth target to be profitable within one to two years. The category was judged on three criteria: performance, management and economic contribution. The Oregon Entrepreneurs Forum is a not-for-profit corporation dedicated to providing opportunities for Oregon entrepreneurs. About Qsent Qsent, the leading Contact Accuracy Service provider, integrates definitively accurate contact information into core business processes to help build more profitable customer relationships. This real-time contact information maximizes revenue potential and customer satisfaction levels while preventing costs associated with inaccurate or unavailable customer information. Qsents iQ411 service provides businesses with unmatched data quality, flexible implementation using new concepts and automation efficiencies. Headquartered in Portland, Ore., Qsent is a privately held, venture capital funded corporation. For more information on Qsent, visit qsent.com or email info@qsent.com. The Qsent name and logo and the iQ411 name and logo are trademarks of Qsent, Inc. All Rights Reserved. All other company, brand and product names are the property of their respective owners. ###
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