Message #11 From:
Stock News Bot Date: December 28, 2007 11:44:24 AM
QSGI Announces Data Security Services Agreement with Global Leader in Specialty Packaging and Labeling Solutions
QSGI, Inc. (OTCBB: 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 it has entered
into an agreement to provide data security and compliance services to
one of the world’s largest labeling solution
providers. The company operates over 40 production facilities in North
America, Europe, Latin America and Asia, and specializes in providing
specialty labeling and packaging solutions for consumer and health care
industries.
Marc Sherman, chairman and chief executive officer, commented, “With
5,000 employees and a global platform serving some of the largest
companies in the world, we are pleased with this important addition to
our client roster. Enactment of legislation concerning the protection of
confidential information residing on computer systems continues to drive
demand for QSGI’s expertise, in which we
provide fully automated data erasure and auditing of computer equipment
that is going off lease or being retired. Through our “suitcase
solution,” offered through our Data Security
and Compliance division, we are able to provide these services on-site
at our client locations, thereby eliminating the threat of lost or
stolen equipment while in transit and the financial liability that can
arise. QSGI’s unique cost-effective solutions
for helping prevent security breaches in the technology realm place us
in a strong position, and our ability to help our clients recoup some of
their money through the re-sale of their computers that are being
retired makes the value proposition even more appealing to them.”
About QSGI
QSGI provides a full suite of information technology solutions 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 the PC to the mainframe, 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. 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 www.qsgi.com.
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.
Crescendo Communications, LLC David K. Waldman/Klea K. Theoharis 212-671-1020 qsgi@crescendo-ir.com
