"We are very pleased with the third quarter results. With another quarter of solid growth and profitability, we're seeing continued progress operationally, strategically and financially. We remain committed to improving business agility and thereby enhancing customer service. A balanced combination of organic growth and a synergistic acquisition strategy has been the key reason for our sustained profitability and growth. The acquisition of Q-Soft Systems & Solutions will augment CTE's offerings and help CTE move up the value chain."

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