Press Release

ProfitKey Announces RMS User of the Year

Salem, NH (February 16, 2007) -- ProfitKey International, a developer of Rapid Response Manufacturing, a world class complete Enterprise Resource Planning system for small to mid-tier manufacturing companies (SMB), announced RMS as their User of the Year at the National User Conference in Myrtle Beach. ProfitKey International is a wholly-owned subsidiary of HALO Technology Holdings (OTCBB: HALO).

“RMS has been a user since 1989 and recently upgraded to the latest version of Rapid Response Manufacturing. They are running two databases with over 100 users plus several Rapid MES stations. They have continuously contributed to ProfitKey’s product direction with valuable input,” says Mr. Joe DiZazzo, CEO and President of ProfitKey. RMS has evolved into a major contract manufacturer of implants and instruments for medical device OEM's around the world. They specialize in the contract manufacturing of complex, tight tolerance medical device implants and surgical instruments. “I wished we would have upgraded to ProfitKey RRM Version 7 sooner. I think it puts RMS in a position to better serve our employees and our customers,’ stated John Klinkenborg, IS Coordinator.

To kick off the conference, ProfitKey held a Financial Forum. According to Mr. DiZazzo, “The addition of the Financial Forum was well received and provided valuable feedback to our team. We have taken that feedback and are working with those in attendance to prioritize suggested enhancements for future releases. Based on the success of this forum, we intend to continue having them at future conferences.”

The National Conference was without a doubt one of the best conferences we have had. The positive responses from those in attendance validated the direction that ProfitKey has taken as a company.

About ProfitKey International

For over 25 years, ProfitKey International has been a leader providing Manufacturing Planning, Manufacturing Operations, Financial Management software and Customer Service. Today, that tradition continues with new technology, new innovations, and new services designed to help manufacturers improve their performance and profitability. ProfitKey directly implements and supports Rapid Response Manufacturing ® (RRM) Software. Rapid Response Manufacturing® is the industry’s only fully integrated product suite featuring Enterprise Resource Planning, a Manufacturing Execution System, Advanced Planning & Scheduling, Financial Planning, Quality Management, Electronic Commerce and Customer Relationship Management. For more information on ProfitKey, go to www.profitkey.com.

About HALO Technology Holdings

HALO Technology Holdings, Inc. is a global provider of a diversified range of standards-based enterprise software applications and on-demand solutions. HALO's strategy is to acquire and operate enterprise software companies with a commitment to sustainable growth. HALO portfolio companies focus on customer service, product quality and profitability to build long term customer relationships and ensure customer satisfaction today and into the future. Everyday, thousands of corporations and institutions from across the globe rely on our portfolio companies to deliver high quality, enterprise class software and services.

About RMS

Founded in 1968, RMS has evolved into a major contract manufacturer of implants and instruments for medical device OEM’s around the world. The Minneapolis, Minnesota headquarters facility is focused on the manufacture of implants. The Memphis, Tennessee facility is dedicated solely to the manufacture of orthopedic instruments. RMS has a division supplying electrical connectors to the commercial aircraft industry. For more information on RMS, go to www.rmsmachining.com