Message #29 From:
Stock News Bot Date: July 25, 2005 12:30:00 AM
WSRT News WindsorTech, d/b/a QSGI to Provide Data Destruction and Regulatory Compliance Services for Nationwide Book Retailer with Over 800 Retail Locations
HIGHTSTOWN, N.J.--(BUSINESS WIRE)--July 25, 2005--WindsorTech, Inc. (OTCBB: WSRT) d/b/a QSGI, today announced an agreement to provide data destruction and regulatory compliance services for end-of-life IT assets to one of the leading nationwide book retailers, with more than 40,000 employees and over 800 retail locations nationwide.
Marc Sherman, chairman and chief executive officer of WindsorTech, stated, "Our fully automated data destruction and auditing process will protect the confidential data of this client's 40,000 plus employees and millions of customers, while ensuring that the client is in full compliance with all state and federal regulations relating to end-of-life technology. Additionally, this sizeable contract illustrates our ability to service large nationwide retailers with numerous locations."
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.
