SOURCE: QED Connect, Inc.

October 03, 2007 09:45 ET

QED Connect Wins Contract With I/OMagic Corporation

Omni Manager Improves Business Productivity With Powerful E-Mail Filtering

NASHUA, NH--(Marketwire - October 3, 2007) - QED Connect, Inc. (PINKSHEETS: QEDC), an innovative Software-as-a-Service (SaaS) provider for the information security market, today announced it has won a contract with I/OMagic Corporation, a leading provider of digital entertainment and optical data storage products available through computer, consumer electronics and office supply superstores and other North American retailers.

I/OMagic selected QED's all-inclusive Omni Manager as a way to acquire essential security technologies in one hosted package and avoid the high costs of installing and managing multiple packaged software products.

"We had severe spam issues that were preventing us from operating our business efficiently. Employees were wasting hours sifting through junk e-mail, and an IT staff that's busy enough already was draining resources trying to keep it all under control," said John McLean, IT Manager for I/OMagic Corp. "Within two days of its implementation, Omni Manager had filtered out over 30,000 spam messages. This is an affordable, all-in-one tool that enables us to benefit from the latest Internet and e-mail security technologies -- without me having to buy, install and manage a myriad of boxed security products."

About QED Connect, Inc.

QED Connect, Inc. is an innovative Software-as-a-Service (SaaS) provider for the information security market. SaaS provides end users with web-hosted software applications that are completely maintained and operated by the vendor. Customers do not install any software on their end, nor do they pay for owning, upgrading or maintaining it. They obtain the benefits of packaged, commercially licensed software without the complexity and high cost. SaaS is a rapidly growing market, projected to reach $10.9 billion in revenue by 2009.

QED Connect's popular SaaS, Omni Manager, is an affordable way for organizations of any size or type to gain visibility, management and control of their entire network. All computers, laptops and wireless devices can be monitored and managed at any time from any location in the world, solving the problems created by today's 'virtual' work environment of branch offices, remote workers and traveling employees. Omni Manager offers all the essential security applications in one subscription-based service, including e-mail and Internet filtering and blocking, anti-virus, instant messaging control, application usage monitoring, policy management and reporting. ROI is delivered in the form of improved employee productivity and cost and operational efficiencies. For complete product information, please visit www.qedconnect.com.

Safe Harbor Statement

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED Connect, Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

Contact Information

  • Trade/Media Relations:
    Sandy Moul
    QED Connect, Inc.
    Tel: (949) 419-6177
    E-mail: Email Contact

    Investor/Media Relations:
    Tanya Munro
    Concept Communications Group, LLC
    Tel: (727) 447-0514
    E-mail: Email Contact