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QED Connect Receives Initial Order for its Omni Lite SaaS

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Published on Thu, 09 Apr 2009 – 14:23:28 -0500 EST
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MANCHESTER, N.H. — QED Connect, Inc. (OTC: QEDN), an innovative Software as a Service (SaaS) provider for the information security market, today announced receiving $100,000 in advanced orders for the Omni Lite product from its UK channel partner. The product is architected specifically for channel partners as it offers a high level of functionality as well the capability to allow users to leverage their own brand.

QED ConnectR Kirkland of JAS (UK) stated that the new Omni Lite offers the opportunity to expand its product offerings to the European marketplace. Tom Makmann, President, also stated that sales of QED’s Software as a Service (SaaS) products via the ISP and Telco channel partner program could realize revenues of up to approximately $10M over the next 18 to 24 months as the Company continues to enhance its portfolio of new partner friendly products.

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.

More information: www.qedconnect.com.


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