Leading Provider of Optical Networking Equipment Selects WindsorTech, D/B/a QSGI for End-of-Life Technology Solutions
Posted on: Thursday, 16 June 2005, 09:00 CDT
WindsorTech, Inc. (OTCBB:WSRT) d/b/a QSGI, today announced an agreement to provide data destruction and end-of-life IT asset management services to a leading nationwide provider of optical networking equipment. Asset management services are expected to commence in the third quarter of 2005.
Marc Sherman, chairman and chief executive officer of WindsorTech, stated, "We look forward to providing our full-suite of end-of-life services, including data destruction and auditing for this premier client's high-end technology assets. Due to the nature of this company's business, this account will continue to supply us with an unusually large proportion of high end IT assets. Additionally, we have added a new service whereby we will be processing and wiping IP addresses from Cisco products, as well as handling the clients' telephony and telecom products. Our new client, whose customers include government agencies and commercial network operators, clearly recognizes the importance of protecting its customers' confidential data."
About WindsorTech
WindsorTech Inc., d/b/a QSGI, manages the information technology (IT) products of Fortune 1000 and government clients, and provides global solutions for meeting its clients' data security and regulatory compliance needs. QSGI offsets its clients' expenses through its value-added remarketing program. Prior to resale, the company utilizes its proprietary Department of Defense (DOD) level certified data sweep to eliminate otherwise recoverable data. QSGI reduces its clients' potential liability, by ensuring regulatory and environmental compliance for IT products. QSGI also maintains and provides services on enterprise-class hardware, including mainframes, midrange servers, tape storage products and disk storage products. Given the sensitive nature of the company's client relationships, it does not provide the names of its clients.
Statements about WindsorTech's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. WindsorTech intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and WindsorTech's actual results could differ materially from expected results. WindsorTech undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
Source: Business Wire
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