SOURCE: QED Connect, Inc.

March 20, 2008 09:00 ET

QED Connect Partners With MessageLabs to Offer World's Leading Hosted Messaging Security Solution to Customers

New Partnership Augments QED's Flagship Omni Manager With Trusted Messaging Security Services of Worldwide Leader MessageLabs

NASHUA, NH--(Marketwire - March 20, 2008) - QED Connect, Inc. (PINKSHEETS: QEDC), an innovative Software-as-a-Service (SaaS) provider for the information security market, today announced a partnership with MessageLabs, a leading provider of integrated messaging and web security services to businesses worldwide, to offer MessageLabs hosted e-mail filtering services in the United States. The addition of MessageLabs E-mail Content Control Services is an ideal complement to Omni Manager, QED's flagship SaaS comprising Internet security, instant messaging management, and asset tracking. This technology combination provides businesses with significant benefits in the areas of employee productivity gains, reductions in legal liabilities and regulatory compliance.

"We are thrilled to partner with the acknowledged worldwide leader in hosted messaging security," said Tom Makmann, Chairman of QED Connect. "By introducing these proven, trusted services from MessageLabs, we are providing additional value to our customers -- businesses that must effectively control and manage e-mail 24x7 for productivity, security and compliance mandates such as the Sarbanes-Oxley Act. In addition to the network visibility, management and control provided by Omni Manager, customers can now rely on MessageLabs E-Mail Content Control Service for powerful protection against inappropriate, unauthorized and unsolicited e-mails."

"MessageLabs is pleased to team with QED Connect to offer world class SaaS solutions to businesses worldwide," said Chris Mooney, Vice President, North America and Global Channels. "A trusted provider of services for monitoring, reporting and management of employee Internet use, QED Connect's services complement the MessageLabs security offerings to offer a more robust business solution for protecting organizations from all messaging and web security threats."

MessageLabs was recently recognized as the worldwide leader in the hosted messaging security market by leading industry analyst IDC, as highlighted in IDC's 2007 Worldwide Messaging Security Report (1). The report identified Message Labs as a clear market leader in the messaging security hosted services market with 31.7 percent market share, compared to the nearest competitor at 20.1 percent, with revenues fast approaching Symantec, Trend Micro and McAfee. Message Labs is ranked fourth overall across the worldwide messaging security market out of a total of 40 of the main software, appliance and hosted security services vendors listed.

IDC estimates that the messaging security market will more than double from $2 billion in 2006 to $4.8 billion in 2011. Among the components of the market -- software, appliance and hosted services -- IDC predicts hosted services will be the fastest growing, underlining the benefits and mainstream acceptance of security-as-a-service. (2)

((1) IDC, Worldwide Messaging Security 2007-2011 Forecast and 2006 Vendor Shares: DLP, Encryption, and Hosted Services Heating Up, Doc # 209602, December 2007.)

(2) Ibid.

About MessageLabs

MessageLabs is a leading provider of integrated messaging and web security services, with over 17,000 clients ranging from small business to the Fortune 500 located in more than 86 countries. MessageLabs provides a range of managed security services to protect, control, encrypt and archive communications across Email, Web and Instant Messaging.

These services are delivered by MessageLabs globally distributed infrastructure and supported 24/7 by security experts. This provides a convenient and cost-effective solution for managing and reducing risk and providing certainty in the exchange of business information. For more information, please visit www.messagelabs.com.

About QED Connect, Inc.

QED Connect, Inc. is an information security Software-as-a-Service (SaaS) provider that gives organizations visibility, management and control of activity on all their computers, laptops and wireless devices. The company's popular SaaS, Omni Manager, is an affordable way to monitor and manage how employees are using company computers and the Internet at any time, from any location in the world. This solves the problems created by today's 'virtual' work environment of branch offices, remote workers and traveling employees. Omni Manager is a web-hosted software application that includes e-mail and Internet filtering and blocking, antivirus, instant messaging management, asset tracking, application usage monitoring and policy management. ROI is delivered by employee productivity gains, cost savings and improved operational efficiencies. For more information, 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

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

    Marissa Vicario
    MessageLabs
    Tel: (646) 519-8116
    E-mail: Email Contact