QED Connect Merger Partner Purchases Screenplay From Acclaimed Writer


MANCHESTER, N.H., Feb. 8, 2010 (GLOBE NEWSWIRE) -- QED Connect Inc. ("QED Connect") (Pink Sheets:QEDN), an innovative, software-as-a-service (SaaS) provider for the information security market, announced today that its second acquisition target, Nazz Productions, has purchased the screenplay "Nebraska Fish and Game" from acclaimed screenwriter Neal Gumpel, whose other works include, "Uncoupled" (purchased by DreamWorks Studios) with David Permut producing and George Gallo directing.

Nick Stagliano, CEO of Nazz, commented, "We are very pleased to have the opportunity to produce 'Nebraska Fish and Game' as a world class motion picture. Working with Neal Gumpel's script makes the task of make a high-quality film much easier and exciting." The "Nebraska Fish and Game" script portrays finely defined characters that Nazz Productions believe will provide an elite cast with exceptional on screen opportunities. The producer is currently scouting locations throughout the U. S. and expects principal photography to begin in early Fall 2010.

Tom Makmann, CEO of QED, noted, "I am confident that 'Nebraska Fish and Game' will be one of many successful films to be produced by Nazz Productions and I am looking forward to having them join the QED Connect organization."   Nazz Productions will be the second acquisition under our new strategy and an acquisition agreement is intended to be signed by February 12, 2010. QED's operations remain suspended, pending receipt of needed capital.

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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 http://www.qedconnect.com/">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.



            

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