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Quintus Corp. executives say they will work hard to win back the confidence of the company's investors and customers, but some observers believe that effort may be too little too late.
The troubled Fremont company slipped further into chaos with the news that several key sales deals announced during the past year -- worth a total of $13.5 million -- were based on falsified documentation.
As a result the company, which makes web-based customer relationship management software for businesses, said it will have to restate its financial results for its fiscal year that ended on March 31 as well as for the two subsequent periods.
The bogus sales reports …