KruseCom Signs Business Exploration Agreement With 1-877-Luv-Junk

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 6, 2011 -- KruseCom, a QSGI, Inc. company (OTCQB: QSGI/QSGIQ), today signed a Business Exploration Agreement with 1-877-Luv-Junk. The purpose of this six month agreement is to determine if synergies exist between 1-877-Luv-Junk and KruseCom. If the partnership proves fruitful the companies intend to pursue a merger agreement.

Hank Laws, Vice President of Business Development for KruseCom, explained, “We expect that 1-877-Luv-Junk will make a positive contribution to the services portfolio of the QSGI, Inc. family. KruseCom offers full service electronic asset management and data security services. Our sister company JoesScrap.com offers free takeout and responsible disposal of surplus electronic equipment if the scrap value exceeds freight costs. 1-877-Luv-Junk will be a third option, appropriate for customers in need of fee-based removal services. KruseCom will augment 1-877-Luv-Junk’s current offerings by contributing expertise regarding data security and the destruction of personal data on electronic devices.”

Jeff Giblin, Founder of 1-877-Luv-Junk stated, “I’m excited about this Business Exploration Agreement with KruseCom. I expect this to be a positive step toward building 1-877-Luv-Junk into a national brand and a valuable contributing member of the QSGI family.”

About 1-877-Luv-Junk

1-877-Luv-Junk provides fee based waste removal at affordable prices. 1-877-Luv-Junk specializes in helping commercial and residential customers with their junk removal needs. 1-877-Luv-Junk works with real estate agents, auctioneers, builders, contractors, investors, and anyone who wants to be junk free. Additional information about the company is available at www.1877LuvJunk.com.

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. KruseCom is a QSGI, Inc. company.

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.KruseCom.com.

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

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