KruseCom Announces $10,000,000 I.T. Buy-Back Program for September

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 31, 2011 -- KruseCom, LLC, the company that Buys, Sells, and Maintains Enterprise IT, today announced a $10,000,000 I.T. Buy-Back Program for September. Qualified IT assets include server, storage, networking, and laptop equipment from Cisco, Dell, EMC, HP, Hitachi, and IBM.

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KruseCom Announces $10,000,000 I.T. Buy-Back Program for September

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Hank Laws, Vice President of Business Development for KruseCom, explained, “We are pleased to be able to bring back the September Buy-Back Program for the third year in a row. Experience indicates that September is a big month for I.T. refresh planning. As the summer is ending, kids are going back to school, Q3 is ending, and year-end is approaching, many corporations take actions that are driven by their annual budgets and annual financial statements. Getting a jump on Q4 is a smart way to ensure a smooth year-end. KruseCom’s $10,000,000 I.T. Buy-Back Program creates a liquid secondary marketplace that can help them achieve their goals"

About KruseCom

KruseCom Buys, Sells, and Maintains Enterprise I.T. KruseCom’s portfolio of products and services is designed to help corporations and government organizations to better manage their Surplus Information Technology Assets. KruseCom customers benefit by reducing their maintenance expenses, building best practices for data security, and assuring regulatory compliance. Addressing the entire range of IT platforms – from mainframes, midrange servers and PCs, to network infrastructure and enterprise storage hardware, the services offered by KruseCom are designed to reduce total cost of ownership for IT assets and maximize the clients’ return on their IT investments.

For enterprise class hardware in data centers, KruseCom offers hardware maintenance services, refurbished whole systems, parts, features, upgrades, and add-ons. Additionally, for desktop IT assets, servers, and SAN products, KruseCom 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, worldwide remarketing, and proper IT asset recycling.

Given the sensitive nature of the company’s client relationships, KruseCom does not provide the names of its clients. Additional information about the company is available at www.KruseCom.com. KruseCom is a QSGI, Inc. company.

About QSGI

QSGI, Inc. specializes in technology asset management, new product sales, used product remarketing, enterprise maintenance, spare parts sales, end of lifecycle management, hard drive destruction and data erasure, fee-based e-waste disposal, and green recycling. Providing a spectrum of information technology products and services, QSGI creates a marketplace that bridges I.T. transactions between Fortune 500 corporations, original equipment manufacturers, leasing companies, privately held businesses, and even individual consumers. QSGI’s mission is to continue developing new services that add value for its customers and shareholders.

Forward-Looking Statements:

Statements in this release that are not strictly historical in nature constitute "forward-looking statements." Such statements may include, without limitation, statements with respect to the Company's plans, objectives, expectations and intentions, and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results of QSGI to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks and uncertainties related to the progress, timing, cost, and results of mergers, acquisitions, and operations; competition from other technology companies; and the additional risks discussed in filings with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and QSGI undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof. The company names used in this statement are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.

More information can be found online at http://www.KruseCom.com

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