SOURCE: QED Storage, Inc.

May 29, 2007 10:15 ET

QED Storage Completes Merger With GUWO Holdings

Merger Positions Company for Continued Growth and Leadership in Information Security Market

NASHUA, NH--(Marketwire - May 29, 2007) - QED Storage, Inc., an innovative managed services provider for the information security market, today announced the completion of its merger with GUWO Holdings, Inc. (PINKSHEETS: GWOH). Pursuant to the terms of the agreement, QED's management team has assumed control of the new entity and begun the process of changing its name to QED Storage, Inc.

"This merger positions QED to fulfill our vision of making enterprise-level network security accessible to all organizations, regardless of size, budget or in-house IT resources," said Tom Makmann, President and CEO of QED Storage. "We leveraged the managed services model to address the challenges presented by today's mobile workforce and the Internet's open environment. By offloading the critical security function to QED, businesses can reduce operating costs and focus on their core competencies."

About QED Storage, Inc.

QED Storage is an innovative managed services provider for the information security market. The company's mission is to make enterprise-level security cost-effective and accessible for organizations of all types and sizes, with a focus on the SMB, departmental, educational and non-profit sectors. The company's flagship offering, Omni Manager, reduces organizational security risks and legal liabilities by providing 24x7 visibility, management and control of wired and wireless IT networks and assets, regardless of physical or geographic location. Omni Manager encompasses multiple security applications in one hosted service, including e-mail and Internet filtering, anti-virus, application usage monitoring, policy management and enforcement, and reporting. For more information, please visit the company's web site at www.qedstorage.com.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, the successful implementation of the company's business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.

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Contact Information

  • Contact:
    Tom Makmann
    QED Storage, Inc.
    (603) 881-3884
    Email Contact