December 19 , 2005

QSGI Signs New Data Security & Regulatory Compliance Customer and Channel Partner

HIGHTSTOWN, NJ—December 19, 2005—QSGI INC. (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 a new customer, as well as a new channel partner for its data security and regulatory compliance division. The new customer is a Fortune 500 provider of commercial cleaning and sanitizing products. The new channel partner is a leading direct marketer of business computing solutions to small- and medium-sized businesses (SMB), educational and government institutions, medium-to-large corporate accounts, and consumers.

Marc Sherman, chairman and CEO, stated, “We have built the most flexible and comprehensive service offering in the industry by listening to the needs of our customers and making ongoing enhancements to keep us at the forefront of this emerging industry. We have already received initial orders, both from the new customer and through our relationship with the new channel partner.”

About QSGI
QSGI is the only data security and regulatory compliance provider offering a full suite of end-of-life and other life-cycle services for a Fortune 1000 corporation’s and government client’s entire information technology (IT) platform.  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 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.