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QSGI to Host Second Quarter 2008 Conference Call on Aug 14, 2008

August 11, 2008

HIGHTSTOWN, N.J., Aug. 11 /PRNewswire-FirstCall/ — QSGI Inc. (BULLETIN BOARD: QSGI) , the only provider of a full suite of information technology services to help corporations better manage hardware assets, maintenance expenses, and ensure best practices for data security and regulatory compliance, today announced that it will release financial results for the second quarter ended June 30, 2008 on August 14, 2008.

QSGI will also host a conference call at 11:00 a.m. Eastern Time on Thursday, August 14, 2008. During the call, Marc Sherman, chairman and chief executive officer, Seth Grossman, president and chief operating officer, and Ed Cummings, chief financial officer, will discuss the Company’s quarterly performance and financial results.

The telephone number for the conference call is (201) 689-8054. A live webcast of the call will also be available on the company’s website, http://www.qsgi.com/. To listen to the live call online, please visit the site at least 10 minutes early to register, download and install any necessary audio software.

The webcast will be archived on the site, and investors will be able to access an encore recording of the conference call for one week by calling (201) 612-7415 and entering account #286, ID #294038. The encore recording will be available two hours after the conference call has concluded.

About QSGI

QSGI provides a full suite of information technology services to help corporations and governmental agencies better manage hardware assets, reduce maintenance expenses, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms — from mainframes, midrange servers and PC, to network infrastructure and enterprise storage hardware, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients’ return on their IT investment.

For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling.

Additionally, through its acquisition of Contemporary Computer Services, Inc. (CCSI), an enterprise class IT services provider with an extensive list of corporate, educational, and government customers, QSGI also performs network design, implementation, and monthly maintenance services on corporations’ networking infrastructure as well as 24/7 IT monitoring and diagnostics through its North American Network Operating Center (NOC).

Given the sensitive nature of the company’s client relationships, it does not provide the names of its clients. Additional information about the company is available at http://www.qsgi.com/.

QSGI Inc.

CONTACT: IR Contact, David K. Waldman, or Klea K. Theoharis, both ofCrescendo Communications, LLC for QSGI, +1-212-671-1021,qsgi@crescendo-ir.com

Web site: http://www.qsgi.com/




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