Published:
QSGI Announces Two Additional IT Services Contracts
HIGHTSTOWN, N.J. andPALM BEACH, Fla., Aug. 20 /PRNewswire-FirstCall/ --
QSGI Inc. (OTC Bulletin Board: QSGI), the only provider of a full suite of
information technology services to help corporations better manage IT assets,
data center maintenance expenses, and ensure best practices for data security
and regulatory compliance, today announced that its wholly owned subsidiary,
Contemporary Computer Services, Inc. ("CCSI") has signed an IT support
contract to provide network design, network infrastructure expansion, and
ongoing monthly support and maintenance for a largeNew York school district.
QSGI has also signed a contract with a leading provider of insurance products
and related services to provide monthly enterprise storage hardware
maintenance services.
Marc Sherman, chairman and chief executive officer of QSGI, commented,
"These latest agreements are consistent with our strategy to shift our focus
away from hardware remarketing to recurring, higher margin services. This
latest announcement that we have been selected to provide our network
infrastructure services to a largeNew York school district follows our recent
acquisition of CCSI. In addition, we have added another major insurance
company to our growing roster of Data Center Maintenance customers. As we
build up our client base, a major focus of ours going forward will be
cross-selling our services across the organization."
About QSGI
QSGI provides a full suite of information technology services to help
corporations and governmental agencies better manage hardware assets, reduce
maintenance expenses, build best practices for data security and assure
regulatory compliance. With a focus on the entire range of IT platforms --
from mainframes, midrange servers and PC, to network infrastructure and
enterprise storage hardware, the services offered by QSGI are specifically
designed to reduce total cost of ownership for IT assets and maximize the
clients' return on their IT investment.
For enterprise class hardware in the data center, QSGI offers hardware
maintenance services, hardware environment planning and consultation,
refurbished whole systems, parts, features, upgrades and add-ons.
Additionally, for desktop IT assets, servers and SAN products, QSGI offers a
range of end-of-life services that include: automated asset auditing,
Department of Defense (DOD) level data destruction, documentation for
regulatory compliance, hardware refurbishment with worldwide remarketing or
proper IT asset recycling.
Additionally, through its acquisition of Contemporary Computer Services,
Inc. (CCSI), an enterprise class IT services provider with an extensive list
of corporate, educational, and government customers, QSGI also performs
network design, implementation, and monthly maintenance services on
corporations' networking infrastructure as well as 24/7 IT monitoring and
diagnostics through its North American Network Operating Center (NOC).
Given the sensitive nature of the company's client relationships, it does
not provide the names of its clients. Additional information about the company
is available at www.qsgi.com.
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.
SOURCE QSGI Inc.
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