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Article: QSGI Provides Business Update for the First Quarter of 2009.
- Article from:
- PR Newswire
- Article date:
- May 14, 2009
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Eliminates over $3 million of annualized expenses during the first quarter and anticipates return to positive cash flow in second quarter of 2009
HIGHTSTOWN, N.J. and PALM BEACH, Fla., May 14 /PRNewswire-FirstCall/ -- QSGI Inc. (BULLETIN BOARD: QSGI) , the most comprehensive provider of information technology services to help corporations better manage IT assets, data center maintenance expenses, and ensure best practices for data security and regulatory compliance, today provided a business update and reported financial results for the three months ended March 31, 2009.
Marc Sherman, Chairman and Chief Executive Officer of QSGI, commented, "The first ...