October 18, 2005
QSGI Announces Major International Telecom Customer
HIGHTSTOWN, NJ—October 18, 2005—QSGI (PCX: QGI), 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 signed an agreement to provide its data security and regulatory compliance services for one of the leading global telecommunications companies, which provides Internet, data and voice communications services to business and government entities worldwide.
Marc Sherman, chairman and chief executive officer of QSGI, stated, “We look forward to servicing the needs of this major telephony provider with network resources in hundreds of countries and thousands of cities around the world. This leading international carrier is partnering with QSGI because of our unparalleled global capabilities, and our fully automated data erasure process. Through our network of global partners and our patent-pending, Web-based, disk drive erasure tool, we can immediately address the data security and regulatory compliance needs of this customer anywhere in the world. Our automated data erasure process eliminates the possibility of human, hardware or software error. This level of quality assurance was absolutely necessary given our client’s desire to protect its own Fortune 1000 and government customers from breaches of data security.”
About QSGI
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 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 WindsorTech’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.