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QED Connect Announces Asset Management Application

Posted on: Tuesday, 12 May 2009, 11:00 CDT

QED to provide web based Asset Management application which will save costs and overheads.

MANCHESTER, N.H., May 12 /PRNewswire-FirstCall/ -- QED Connect, Inc. (OTC: QEDN), an innovative software-as-a-service (SaaS) provider for the information security market, today announced that the company will introduce a SaaS based Asset Management application which will enable centralized management of hardware and software whether users are on or off network. It is aimed at Managed Service Providers (MSP), Internet Service Providers (ISP) and Telco partners. This application will be available as a stand alone or add-in to QED's Omni Manager suite of SaaS products.

Management of IT assets is an increasingly difficult task as products become more compact, powerful and mobile. QED's application will offer an integrated package that monitors from initial installation, provide asset tracking, and help a company to comply with its contract obligations. In the current economic climate, companies of all sizes have a greater need for cost control and management of hardware and software assets. By addressing this requirement through a SaaS offering QED believe that they will further reinforce their product offerings and this application will contribute towards the revenue projections. First delivery is scheduled for 3rd quarter this year.

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 SaaS, Omni Manager, is an affordable way to monitor and manage how employees are using company computers and the Internet any time, any location; solving problems created by today's 'virtual' work environment (branch offices, remote workers, traveling employees). Omni Manager is a web-hosted software application that includes 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. 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 strategic business arrangement to fund expansion plans; (ii) build management, human resources and infrastructure necessary to support growth; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

Media Contact Contact: Tom Makmann QED Connect Phone: 603-425-8933

SOURCE QED Connect, Inc.

Source: PR Newswire

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