QEDN Recent news...
Wednesday, May 20 2009 9:02 AM, EST QED Connect Receives Orders From Channel Partner PR Newswire "US Press Releases "
QED channel partner in Dubai to sell SaaS applications across the Middle East
NASHUA, N.H., May 20 /PRNewswire-FirstCall/ -- QED Connect, Inc. , (Pink Sheets: QEDN), an innovative software-as-a-service (SaaS) provider for the information security market, today announced that their international partner JASB2B have reached agreement with trading company IDM in Dubai for them to sell the full range of QED's SaaS applications across the Middle East . As part of the agreement, IDM is placing advance purchase orders of $50,000 for the various products.
M Shibani of IDM said that companies across the region are looking for more cost effective solutions to manage their IT infrastructure. QED's SaaS applications provide the ideal product for their clients to help them solve several problems.
QED plans on continuing to expand into the international market for their applications in order to develop incremental revenue streams. The company's order backlog now stands at $150,000 . While the current economic conditions are affecting the Company, QED believes with the successful introduction and sale of new products and the expanded channel program it can achieve its projections.
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.
SOURCE QED Connect Inc.
