MTI Systems and ProfitKey Form Strategic Partnership

MTI Systems Press Release

MTI Systems' Costimator JS Software embedded into ProfitKey's ERP package, providing manufacturing customers a complete end-to-end solution.

W. SPRINGFIELD, MA (September 4, 2007) – MTI Systems, the leading provider of innovative cost estimating software solutions for manufacturing, today announced a strategic partnership with PROFITKEY International, a leader in providing manufacturing planning, manufacturing operations, and financial management. The partnership provides MTI's Costimator JS program to be embedded into ProfitKey's Rapid Response Manufacturing software.

Mr. Tom Charkiewicz, President / CTO of MTI Systems, states, "Our partnership with ProfitKey allows us to do what we do best – providing job shops with a tool that allows them to respond to requests for quotes quickly and with highest degree of accuracy. Having Costimator JS seamlessly integrated into ProfitKey's Rapid Response Manufacturing Software provides manufacturers, a complete end-to-end solution for the first time."

"We are excited about our strategic partnership with MTI Systems and our approach to embedding their solution with ours," says Mr. Joe DiZazzo, CEO and President of ProfitKey. "Embedding Costimator JS will allow users to seamlessly create accurate estimates and when won, move to them to create an order in ProfitKey with just the touch of a button."

About MTI Systems, Inc.

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. Costimator JS helps suppliers produce timely cost estimates that are both consistent and accurate to within 5% of actual costs. This allows companies to bid with confidence, giving them an optimal chance to win profitable jobs. Costimator OEM helps OEMs implement predictable costing strategies by breaking down and quantifying the true costs of manufactured parts. This cost information is then used by procurement personnel to set benchmarks for negotiations with suppliers. For more information on either Costimator product, contact David LaJoie at MTI Systems, 59 Interstate Drive, West Springfield, MA 01089, 413-733-1972, Fax 413-739-7250, email: david.lajoie@mtisystems.com, or visit www.mtisystems.com.

About ProfitKey International

ProfitKey International is a wholly owned subsidiary of HALO Technology Holdings (OTCBB: HALO). 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.