SOURCE: QED Connect, Inc.

October 08, 2007 09:45 ET

QED Connect Wins First Canadian Contracts With BMW & Subaru Auto Dealerships

Omni Manager Crosses Borders and Creates ROI for Dealerships

NASHUA, NH--(Marketwire - October 8, 2007) - QED Connect, Inc. (PINKSHEETS: QEDC), an innovative Software-as-a-Service provider for the information security market, won its first Canadian contracts with two of Canada's prominent auto dealerships. Ottowa-based Otto's BMW Centre, the country's oldest BMW retailer, and the award-winning Otto's Subaru become the first Canadian companies to implement Omni Manager. The two dealerships deployed QED's flagship Omni Manager suite of hosted services to provide anti-virus protection and Internet filtering, blocking and monitoring for their entire network of computers.

"With Omni Manager we have benefited from security technologies much faster than if we had purchased and installed traditional software," said Denis Trudel, Director of IT for Otto's BMW Centre and Otto's Subaru. "The previous products we used were hard to manage and had limited functionality. Omni Manager was easy to get up and running, and has provided us with immediate and complete visibility into employee productivity."

"Omni Manager gives me the flexibility to tailor to the needs of my infrastructure by setting policies for specific users or groups. We've already experienced ROI by being able to monitor and minimize staff-related production losses caused by non-work related Internet usage," stated Trudel.

"QED Connect looks forward to creating as strong of a presence in Canada as we are building in the United States. One of Omni Manager's best features is its capability to solve security challenges for businesses in a wide variety of countries. We are very pleased to arrive in Canada with such distinguished companies using Omni Manager," explained Tom Makmann, Chairman and CEO of QED Connect, Inc.

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
    Tel: (727) 447-0514
    E-mail: Email Contact