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QED Connect Merger Partner Developing New Product Offering

  //business-finance.news-articles.net/content/200 .. ger-partner-developing-new-product-offering.html
  Published in Business and Finance on Thursday, December 10th 2009 at 6:17 GMT by Market Wire
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MANCHESTER, NH--(Marketwire - December 10, 2009) - QED Connect Inc. ("QED Connect") (PINKSHEETS: [ QEDN ]), an innovative, software-as-a-service (SaaS) provider for the information security market, today announced that its merger partner, Southeastern Retail Services, Inc., d/b/a "ProRemote Solutions" will be developing a new lower cost version of its media server that is targeted at a lower entry level price point.

The server will maintain the functionality of ProRemote's higher end system in providing independent audio streams to multiple zones but is expected to be more accessible to a larger segment of media consumers. The Company hopes to initially market the server through one or more warehouse retailers as a private label.

Additionally, ProRemote, which currently offers a 7-inch single source remote control module, plans to expand its remote control product offerings to include a 10-inch and 12-inch Tablet PC, during the first half of 2010.

Michael A. Gregorakos, president of ProRemote Solutions, said, "We expect that these planned product additions will expand ProRemote's overall market opportunity as it provides a broader product suite."

About ProRemote

ProRemote Solutions, [ www.proremotesolutions.com ], is a manufacturer of innovative, home based technology solutions for the Home Theatre Industry. The company provides a value proposition of proprietary, single source remote control solutions integrating audio & video media servers along with remote monitoring, security and lighting systems in a single remote control unit. ProRemote also offers stand alone home theater products. ProRemote Solutions is headquartered in Marietta, GA.

Come view the product video: [ http://vidego.multicastmedia.com/player.php?p=o1d1ti4d ]

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 popular SaaS, Omni Manager, is an affordable way to monitor and manage how employees are using company computers and the Internet at any time, from any location in the world. This solves the problems created by today's 'virtual' work environment of branch offices, remote workers and traveling employees. Omni Manager is a web-hosted software application that includes e-mail and 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. For more information, visit [ 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 a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.