RENO, Nev., Jan. 12, 2010 (GLOBE NEWSWIRE) -- Encompass Holdings, Inc. (Pink Sheets:ECMH) (www.encompassholdings.com) announced today the official launch of its wholly-owned subsidiary, Quadrant Data Systems Inc.
Quadrant Data Systems Inc. (QDS-I) began operations of its state-of-the-art secure data center in Novato, CA on October 15th, 2009. The company offers traditional data center services including server colocation, managed servers, connectivity, and professional consulting to over 450 International, Fortune 500, and SMB customers. QDS-I is the end result of the restructuring of the original Encompass data center subsidiary purchase in June of 2005.
With an original capital investment in 2001 of nearly twenty million dollars for facility build-out and technical infrastructure, the data center has the robust combination of a mature facility with an experienced staff. The newly formed management team's direction is focused on building a superior value proposition through the strategic deployment of technical assets.
QDS-I's unique ability to offer 20,000 square feet of server space with dual-redundant power, cooling, and connectivity provides a solid platform upon which the company will capitalize on the accelerating demand for "Cloud Computing Resources".
The company plans to launch a comprehensive line of virtual computing products in the first quarter of 2010, that can be activated by end-users through a simple click on QDS-I's proprietary storefront website www.qds-i.com. In this way, sophisticated services such as Microsoft Exchange, Terminal Services, SQL Server, and others can be provided with minimum overhead while still offering the level of security and support that enterprise clients expect. With these initiatives, QDS-I expects to increase revenues by over 25% within the first half of 2010.
At the conclusion of QDS-I's monthly conference call with Encompass management, Scott Webber, CEO of Encompass, commented, "The management team at QDS-I has hit the mark when it comes to Encompass Holdings' prime objective of delivering solid value. I look forward to reporting a significant increase in shareholder value as a result of their efforts."
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Forward-looking statements in this news release are made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, competition, the success of existing and new product releases and other risk factors inherent in product development and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.