Press Release

PROFITKEY Partners with MTI Systems to embed Costimator JS in ERP solution!

Salem, NH (August, 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), today announced a strategic partnership with MTI Systems to embed Costimator JS into Rapid Response Manufacturing.   ProfitKey International is a wholly-owned subsidiary of HALO Technology Holdings (OTCBB: HALO).

Mr. Joe DiZazzo, CEO and President of ProfitKey, says “We are very excited about our partnership with MTI Systems and our approach to embedding their solution with ours. Embedding the product will allow user’s quick access to Costimator to create accurate estimates and when won, move them to create an order in ProfitKey with the push of a button.  Based on discussion with MTI personnel, we will be the first in our space to offer their cost estimating solution in this manner.”

According to Mr. Tom Charkiewicz, CEO and President of MTI Systems, “We are thrilled to be partnering with ProfitKey in this unique fashion. Providing job shops with a tool that allows them to respond to requests for quotes quickly and with the highest degree of accuracy is what we do best. Seamlessly integrating our Costimator JS product into ProfitKey’s leading Rapid Response Manufacturing ® Software provides manufacturers with the complete end-to-end solution they require.”     

About ProfitKey International

For over 27 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 MTI Systems

MTI Systems, Inc. is a world-leader in the development of innovative cost-estimating software and consulting services, providing competitive-edge solutions for manufacturing since 1982. For more details on Costimator JS, contact David LaJoie at MTI Systems, 59 Interstate Drive, West Springfield, MA 01089, 413-693-0617, Fax 413-739-7250, email: david.lajoie@mtisystems.com, or visit www.mtisystems.com.