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QED Connect Announces Completion of Strategic Operational and Financial Milestones
10/08/08
Company Successfully Implements Advisory Committee Recommendations Designed to Improve Shareholder Value

NASHUA, NH – October 8, 2008 – QED Connect, Inc. (otc: QEDN), an innovative Software-as-a-Service (SaaS) provider for the information security market, today announced it has completed a series of strategic milestones consistent with previously announced plans to restructure operations and strengthen its
financial position. The Company has implemented the recommendations of its advisory committee, originally formed in May, strengthening its abilities to improve shareholder value and pursue a long-term growth plan.

In August, QED completed a reverse split of its common stock and obtained a new trading symbol, QEDN. The Company also initiated the process of becoming a fully reporting SEC Company by year end, in preparation of its application for a listing on the OTC Bulletin Board (OTCBB).QED has also secured the necessary funding to expand its infrastructure and continue increasing market share for its flagship, award-winning Omni Manager product. Omni Manager is a web-hosted software application that protects computer networks and increases employee productivity via tools such as Internet and e-mail filtering and monitoring, asset tracking and policy management. The Company has hired additional sales staff and is establishing a dedicated reseller channel. New marketing programs, including a revamped web site, are also being developed that will promote QED’s current strategy and positioning.

“Sales continue to grow, and we expect a record 4th quarter ending December 2008 compared to the same quarter in 2007,” said Tom Makmann, Chairman and CEO, QED Connect. “Fourth quarter revenues should prove to be especially strong, as Omni Manager experiences increasing demand and uptake in new markets such as the construction industry, while maintaining its stable base of customers in the small to medium sized business and education segments.”

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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 popular SaaS, Omni Manager, is an affordable way to monitor and manage how employees are using company computers and the Internet at any time, from any location in the world. This solves the problems created by today’s ‘virtual’ work environment of branch offices, remote workers and traveling employees. Omni Manager is a web-hosted software application that includes e-mail and 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. For more information, visit www.qedconnect.com.