Message #7 From:
Stock News Bot Date: February 20, 2007 04:30:00 AM
QSGI News QSGI Develops Breakthrough Process to Quickly Erase Data on Enterprise Storage Systems from Manufacturers Such As IBM, EMC, HP, Hitachi, Dell, and Sun
HIGHTSTOWN, N.J.--(BUSINESS WIRE)--QSGI, Inc. (OTCBB: QSGI) the only data security and regulatory compliance provider offering a full suite of life-cycle services for a corporation’s entire IT platform, today announced that it has developed a breakthrough in its audit and data erasure process which allows its data security and compliance division to quickly and efficiently audit and erase tens or hundreds of drives in enterprise storage arrays from major OEMs, including IBM, EMC, HP, Hitachi, Dell, and Sun. This new process has the flexibility to audit and completely erase all IDE, SCSI, Fiber Channel, SSA/SAS and SATA drives, at speeds up to 4 terabytes of data per hour. With this high speed bulk storage array erasure offering, QSGI is now providing for its clients on-site directly at their data centers, its complete suite of data security & regulatory compliance services including comprehensive asset management reporting, re-marketing, and complete data security.
QSGI CEO Marc Sherman noted, “QSGI now has the ability to simultaneously erase tens, or even hundreds, of hard drives in storage systems as fast as a single drive. We can readily achieve an outstanding sanitizing speed of 1 terabyte of data in only 15 minutes, while offering data centers complete data security and regulatory compliance at their facilities, while preserving the integrity of the owned or leased hardware for subsequent full re-marketing value recovery. This is especially important for machines that need to be returned to leasing companies in the same condition as when they were shipped new.”
QSGI is the only data security and regulatory compliance provider offering a full suite of end-of-life and other life-cycle services for a Fortune 1000 corporation’s and government client’s entire information technology (IT) platform. 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 QSGI’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. QSGI intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and QSGI’s actual results could differ materially from expected results. QSGI undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
